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Category — ransomware
THN Cybersecurity Recap: Top Threats and Trends (Sep 30 - Oct 6)

THN Cybersecurity Recap: Top Threats and Trends (Sep 30 - Oct 6)

Oct 07, 2024 Cybersecurity / Weekly Recap
Ever heard of a "pig butchering" scam? Or a DDoS attack so big it could melt your brain? This week's cybersecurity recap has it all – government showdowns, sneaky malware, and even a dash of app store shenanigans. Get the scoop before it's too late! ⚡ Threat of the Week Double Trouble: Evil Corp & LockBit Fall : A consortium of international law enforcement agencies took steps to arrest four people and take down nine servers linked to the LockBit (aka Bitwise Spider) ransomware operation. In tandem, authorities outed a Russian national named Aleksandr Ryzhenkov, who was one of the high-ranking members of the Evil Corp cybercrime group and also a LockBit affiliate. A total of 16 individuals who were part of Evil Corp have been sanctioned by the U.K. 🔔 Top News DoJ & Microsoft Seize 100+ Russian Hacker Domains: The U.S. Department of Justice (DoJ) and Microsoft announced the seizure of 107 internet domains used by a Russian state-sponsored threat a
LockBit Ransomware and Evil Corp Members Arrested and Sanctioned in Joint Global Effort

LockBit Ransomware and Evil Corp Members Arrested and Sanctioned in Joint Global Effort

Oct 03, 2024 Cybercrime / Ransomware
A new wave of international law enforcement actions has led to four arrests and the takedown of nine servers linked to the LockBit (aka Bitwise Spider) ransomware operation, marking the latest salvo against what was once a prolific financially motivated group. This includes the arrest of a suspected LockBit developer in France while on holiday outside of Russia, two individuals in the U.K. who allegedly supported an affiliate, and an administrator of a bulletproof hosting service in Spain used by the ransomware group, Europol said in a statement. In conjunction, authorities outed a Russian national named Aleksandr Ryzhenkov (aka Beverley, Corbyn_Dallas, G, Guester, and Kotosel) as one of the high-ranking members of the Evil Corp cybercrime group, while simultaneously painting him as a LockBit affiliate. Sanctions have also been announced against seven individuals and two entities linked to the e-crime gang. "The United States, in close coordination with our allies and part
5 Actionable Steps to Prevent GenAI Data Leaks Without Fully Blocking AI Usage

5 Actionable Steps to Prevent GenAI Data Leaks Without Fully Blocking AI Usage

Oct 01, 2024Generative AI / Data Protection
Since its emergence, Generative AI has revolutionized enterprise productivity. GenAI tools enable faster and more effective software development, financial analysis, business planning, and customer engagement. However, this business agility comes with significant risks, particularly the potential for sensitive data leakage. As organizations attempt to balance productivity gains with security concerns, many have been forced to choose between unrestricted GenAI usage to banning it altogether. A new e-guide by LayerX titled 5 Actionable Measures to Prevent Data Leakage Through Generative AI Tools is designed to help organizations navigate the challenges of GenAI usage in the workplace. The guide offers practical steps for security managers to protect sensitive corporate data while still reaping the productivity benefits of GenAI tools like ChatGPT. This approach is intended to allow companies to strike the right balance between innovation and security. Why Worry About ChatGPT? The e
Andariel Hacking Group Shifts Focus to Financial Attacks on U.S. Organizations

Andariel Hacking Group Shifts Focus to Financial Attacks on U.S. Organizations

Oct 02, 2024 Cyber Threat / Malware
Three different organizations in the U.S. were targeted in August 2024 by a North Korean state-sponsored threat actor called Andariel as part of a likely financially motivated attack. "While the attackers didn't succeed in deploying ransomware on the networks of any of the organizations affected, it is likely that the attacks were financially motivated," Symantec, part of Broadcom, said in a report shared with The Hacker News. Andariel is a threat actor that's assessed to be a sub-cluster within the infamous Lazarus Group. It's also tracked as APT45, DarkSeoul, Nickel Hyatt, Onyx Sleet (formerly Plutonium), Operation Troy, Silent Chollima, and Stonefly. It's been active since at least 2009. An element within North Korea's Reconnaissance General Bureau (RGB), the hacking crew has a track record of deploying ransomware strains such as SHATTEREDGLASS and Maui , while also developing an arsenal of custom backdoors like Dtrack (aka Valefor and Preft),
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The State of SaaS Security 2024 Report

websiteAppOmniSaaS Security / Data Security
Learn the latest SaaS security trends and discover how to boost your cyber resilience. Get your free…
A Hacker's Era: Why Microsoft 365 Protection Reigns Supreme

A Hacker's Era: Why Microsoft 365 Protection Reigns Supreme

Sep 30, 2024 SaaS Backup / Microsoft 365
Imagine a sophisticated cyberattack cripples your organization's most critical productivity and collaboration tool — the platform you rely on for daily operations. In the blink of an eye, hackers encrypt your emails, files, and crucial business data stored in Microsoft 365, holding it hostage using ransomware. Productivity grinds to a halt and your IT team races to assess the damage as the clock ticks down on a ransom demand that threatens to destroy your data forever. How did this happen, and more importantly, how can you prevent it from happening? Microsoft 365 (M365) is the lifeblood of countless organizations worldwide, offering a seamless, cloud-based platform for communication, collaboration and data management. Over 400 million users rely on Microsoft 365 for everything from document creation and management to video conferencing 1 . While M365 has empowered businesses to undergo digital transformation and remain competitive with its support for distributed, hybrid and remote w
How to Plan and Prepare for Penetration Testing

How to Plan and Prepare for Penetration Testing

Sep 27, 2024 Penetration Testing / Threat Detection
As security technology and threat awareness among organizations improves so do the adversaries who are adopting and relying on new techniques to maximize speed and impact while evading detection. Ransomware and malware continue to be the method of choice by big game hunting (BGH) cyber criminals, and the increased use of hands-on or "interactive intrusion" techniques is especially alarming. Unlike malware attacks that rely on automated malicious tools and scripts, human-driven intrusions use the creativity and problem-solving abilities of attackers. These individuals can imitate normal user or administrative behaviors, making it challenging to distinguish between legitimate activities and cyber-attacks. The goal of most security practitioners today is to manage risk at scale. Gaining visibility, reducing the noise, and securing the attack surface across the enterprise requires the right people, processes, and security solutions. With the use of penetration testing services , organ
Microsoft Identifies Storm-0501 as Major Threat in Hybrid Cloud Ransomware Attacks

Microsoft Identifies Storm-0501 as Major Threat in Hybrid Cloud Ransomware Attacks

Sep 27, 2024 Ransomware / Cloud Security
The threat actor known as Storm-0501 has targeted government, manufacturing, transportation, and law enforcement sectors in the U.S. to stage ransomware attacks. The multi-stage attack campaign is designed to compromise hybrid cloud environments and perform lateral movement from on-premises to cloud environment, ultimately resulting in data exfiltration, credential theft, tampering, persistent backdoor access, and ransomware deployment, Microsoft said. "Storm-0501 is a financially motivated cybercriminal group that uses commodity and open-source tools to conduct ransomware operations," according to the tech giant's threat intelligence team. Active since 2021, the threat actor has a history of targeting education entities with Sabbath (54bb47h) ransomware before evolving into a ransomware-as-a-service ( RaaS ) affiliate delivering various ransomware payloads over the years, including Hive, BlackCat (ALPHV), Hunters International, LockBit, and Embargo ransomware. A n
U.S. Sanctions Two Crypto Exchanges for Facilitating Cybercrime and Money Laundering

U.S. Sanctions Two Crypto Exchanges for Facilitating Cybercrime and Money Laundering

Sep 27, 2024 Cryptocurrency / Financial Crime
The U.S. government on Thursday sanctioned two cryptocurrency exchanges and unsealed an indictment against a Russian national for his alleged involvement in the operation of several money laundering services that were offered to cybercriminals. The virtual currency exchanges, Cryptex and PM2BTC, have been alleged to facilitate the laundering of cryptocurrencies possibly obtained through cybercrime. The coordinated action was carried out in collaboration with the Netherlands Police and the Dutch Fiscal Intelligence and Investigation Service (FIOD) as part of an ongoing law enforcement crackdown called Operation Endgame . Pursuant to the exercise, the websites associated with both the exchanges have been confiscated and replaced with a law enforcement seizure banner. Furthermore, it has led to the seizure of cryptocurrency worth €7 million ($7.8 million). "The United States and our international partners remain resolute in our commitment to prevent cybercrime facilitators li
Discover Latest Ransomware Tactics and Zero Trust Strategies in This Expert Webinar

Discover Latest Ransomware Tactics and Zero Trust Strategies in This Expert Webinar

Sep 24, 2024 Webinar / Cybersecurity
Ransomware is no longer just a threat; it's an entire industry. Cybercriminals are growing more sophisticated, and their tactics are evolving rapidly. This persistent danger is a major concern for business leaders. But there's good news: you don't have to be defenseless. What if you could gain a strategic edge? Join our exclusive webinar, " Unpacking the 2024 Ransomware Landscape: Insights and Strategies from ThreatLabz ," featuring Emily Laufer, Director of Product Marketing at Zscaler. Emily will break down the latest findings from ThreatLabz and equip you with practical strategies to stay ahead of cybercriminals. In this informative session, you will: Go Beyond the Headlines : Explore the details behind recent ransomware incidents and uncover how attackers infiltrate, encrypt, and extort their victims. Discover the Latest TTPs (Tactics, Techniques, and Procedures) : Learn the newest techniques hackers use to bypass security defenses and how to counter
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