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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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Russian Hacker Indicted as Mastermind Behind LockBit Ransomware

SecureWorld News

Department of Justice has unsealed charges against a Russian national accused of developing and operating the notorious LockBit ransomware, one of the most destructive and lucrative cybercrime operations in recent years. Deputy Attorney General Lisa Monaco stated, "We are using all our tools to hold ransomware actors accountable."

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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 ’ An odd discrepancy on top of a CVE advisory for an outdated OS.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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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

8Base ransomware operators were observed using a variant of the Phobos ransomware in a recent wave of attacks. Cisco Talos researchers observed 8Base ransomware operators using a variant of the Phobos ransomware in recent attacks. The ransomware component is then decrypted and loaded into the SmokeLoader process’ memory.

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Cybercrime Statistics in 2019

Security Affairs

According to the IC3 Annual Report released in April 2019 financial losses reached $2.7 The total cost of cybercrime for each company in 2019 reached US$13M. The cost of ransomware attacks accounts for 21 percent of the overall expenses, while the cost of malicious insider accounts for 15 percent. billion in 2018.

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24 Recent Ransomware Attacks in 2019

Spinone

Ransomware is one of the most concerning cybersecurity threats for individuals, SMBs, and enterprise environments alike. This year has ushered in a resurgence in ransomware activity. In this article, we’ll take a look at the biggest ransomware attacks of 2019 and the severe impact they have had.

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QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack

Krebs on Security

Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. based iNSYNQ specializes in providing cloud-based QuickBooks accounting software and services. A message from iNSYNQ to customers.