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Ransomware Profitability

Schneier on Security

Analyzing cryptocurrency data, a research group has estimated a lower-bound on 2020 ransomware revenue: $350 million, four times more than in 2019. Ransomware is now an established worldwide business.

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Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates

Krebs on Security

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. First surfacing in September 2019, the gang is estimated to have made hundreds of millions of U.S. Department of Justice (DOJ).

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Ransomware Gangs and the Name Game Distraction

Krebs on Security

It’s nice when ransomware gangs have their bitcoin stolen, malware servers shut down, or are otherwise forced to disband. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation.

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A Death Due to Ransomware

Schneier on Security

The Wall Street Journal is reporting on a baby’s death at an Alabama hospital in 2019, which they argue was a direct result of the ransomware attack the hospital was undergoing. If proven in court, the case will mark the first confirmed death from a ransomware attack.

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Patch Tuesday, December 2019 Edition

Krebs on Security

By nearly all accounts, the chief bugaboo this month is CVE-2019-1458 , a vulnerability in a core Windows component (Win32k) that is present in Windows 7 through 10 and Windows Server 2008-2019. ’ An odd discrepancy on top of a CVE advisory for an outdated OS. It is very likely this is being exploited in the wild.”

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Ransomware Attacks against Water Treatment Plants

Schneier on Security

According to a report from CISA last week, there were three ransomware attacks against water treatment plants last year. WWS Sector cyber intrusions from 2019 to early 2021 include: In August 2021, malicious cyber actors used Ghost variant ransomware against a California-based WWS facility.

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Arrest, Seizures Tied to Netwalker Ransomware

Krebs on Security

and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. The victim shaming site maintained by the NetWalker ransomware group, after being seized by authorities this week. ” Image: Chainalysis. . ” Image: Chainalysis.