ransomware as a service | Breaking Cybersecurity News | The Hacker News

U.S. cybersecurity and intelligence agencies have warned of  Phobos ransomware  attacks targeting government and critical infrastructure entities, outlining the various tactics and techniques the threat actors have adopted to deploy the file-encrypting malware. "Structured as a ransomware-as-a-service (RaaS) model, Phobos ransomware actors have targeted entities including municipal and county governments, emergency services, education, public healthcare, and critical infrastructure to successfully ransom several million in U.S. dollars," the government  said . The advisory comes from the U.S. Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the Multi-State Information Sharing and Analysis Center (MS-ISAC). Active since May 2019, multiple variants of Phobos ransomware have been identified to date, namely Eking, Eight, Elbie, Devos, Faust, and Backmydata. Late last year, Cisco Talos  revealed  that the thr...

The threat actors behind the Hive ransomware-as-a-service (RaaS) scheme have launched attacks against over 1,300 companies across the world, netting the gang $100 million in illicit payments as of November 2022. "Hive ransomware has targeted a wide range of businesses and critical infrastructure sectors, including government facilities, communications, critical manufacturing, information technology, and — especially — Healthcare and Public Health (HPH)," U.S. cybersecurity and intelligence authorities  said  in an alert. Active since June 2021, Hive's RaaS operation involves a mix of developers, who create and manage the malware, and affiliates, who are responsible for conducting the attacks on target networks by often purchasing initial access from initial access brokers (IABs). In most cases, gaining a foothold involves the exploitation of  ProxyShell flaws  in Microsoft Exchange Server, followed by taking steps to terminate processes associated with antivirus...

"Ransomware" threat is on the rise, and cyber criminals are making millions of dollars by victimizing as many people as they can—with WannaCry , NotPetya and LeakerLocker being the ransomware threats that made headlines recently. What's BAD? Hacker even started selling ransomware-as-a-service (RaaS) kits in an attempt to spread this creepy threat more easily, so that even a non-tech user can create their own ransomware and distribute the threat to a wider audience. The WORSE —You could see a massive increase in the number of ransomware campaigns during the next several months—thanks to new Android apps available for anyone to download that let them quickly and easily create Android ransomware with their own devices. Security researchers at Antivirus firm Symantec have spotted some Android apps available on hacking forums and through advertisements on a social networking messaging service popular in China, which let any wannabe hacker download and use Trojan ...

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...

Ransomware has been around for a few years, but it has become an albatross around everyone's neck, targeting businesses, hospitals, financial institutions and individuals worldwide and extorting millions of dollars. Forget about developing sophisticated banking trojans and malware to steal money out of people and organizations. Today, one of the easiest ways that can help cyber criminals get paid effortlessly is Ransomware. This threat became even worse after the arrival of ransomware as a service (RaaS) – a variant of ransomware designed to be so user-friendly that anyone with little or no technical knowledge can also easily deploy them to make money. Now, security researchers have uncovered an easy-to-use ransomware service that promises profit with just one successful infection. Dubbed Karmen , the RaaS variant is based on the abandoned open-source ransomware building toolkit dubbed Hidden Tear and is being sold on Dark Web forums from Russian-speaking hacker named D...