The Hacker News - Most Trusted Cyber Security and Computer Security Analysis: ransomware as a service

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 engi

"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

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