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FIN7 cybercrime gang creates fake cybersecurity firm to recruit pentesters for ransomware attacks

Security Affairs

FIN7 hacking group created fake cybersecurity companies to hire experts and involve them in ransomware attacks tricking them of conducting a pentest. The FIN7 hacking group is attempting to enter in the ransomware business and is doing it with an interesting technique.

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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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A Closer Look at the Snatch Data Ransom Group

Krebs on Security

Earlier this week, KrebsOnSecurity revealed that the darknet website for the Snatch ransomware group was leaking data about its users and the crime gang’s internal operations. It continues: “Prior to deploying the ransomware, Snatch threat actors were observed spending up to three months on a victim’s system.

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FBI: Ransomware actors abuse third parties and legitimate system tools for initial access

Security Affairs

The FBI published a PIN alert warning of ransomware operators compromising third-party vendors and services for initial access to target environments. The FBI continues to observe ransomware operators abusing third-party vendors and services as an attack vector. ” reported the PIN.

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Giant health insurer struck by ransomware didn't have antivirus protection

Malwarebytes

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. EDR can detect an intruder's suspicious activity in advance of them running ransomware, as well as being able to identify the ransomware itself.

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Florence, Ala. Hit By Ransomware 12 Days After Being Alerted by KrebsOnSecurity

Krebs on Security

that their information technology systems had been infiltrated by hackers who specialize in deploying ransomware. Nevertheless, on Friday, June 5, the intruders sprang their attack, deploying ransomware and demanding nearly $300,000 worth of bitcoin. The average ransomware payment by ransomware strain.

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Ransomware Sanctions: Do They Have Any Impact?

Thales Cloud Protection & Licensing

Ransomware Sanctions: Do They Have Any Impact? madhav Thu, 12/14/2023 - 05:37 Ransomware is one of the most high-profile and high-value cybercrimes that organizations need to watch out for. What Can Organizations Do?