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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.

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Mortal Kombat ransomware forms tag team with crypto-stealing malware

Malwarebytes

The tag-team campaign serves up ransomware known as Mortal Kombat, which borrows the name made famous by the video game, and Laplas Clipper malware, a clipboard stealer. The email is cryptocurrency themed, and claims that a payment of yours has “timed out” and will need resending.

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DoppelPaymer ransomware group suspects identified

Malwarebytes

The German police in cooperation with the US Secret Service have executed search warrants against suspected members of the DoppelPaymer ransomware group in Germany and Ukraine. Cryptocurrency investigators use specialized strategies to track down criminals. Although cryptocurrency is anonymous, that doesn't mean it's untraceable.

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REvil Ransomware Gang Starts Auctioning Victim Data

Krebs on Security

The criminal group behind the REvil ransomware enterprise has begun auctioning off sensitive data stolen from companies hit by its malicious software. Over the past 24 hours, the crooks responsible for spreading the ransom malware “REvil” (a.k.a. A partial screenshot from the REvil ransomware group’s Dark Web blog.

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A history of ransomware: How did it get this far?

Malwarebytes

Today's ransomware is the scourge of many organizations. If we define ransomware as malware that encrypts files to extort the owner of the system, then the first malware that could be classified as ransomware is the 1989 AIDS Trojan. But where did it start?

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Ransomware making big money through "big game hunting"

Malwarebytes

Ransomware generates big money for the groups behind it, with new research confirming (some) of the scale of the problem. Chainalysis, a blockchain research firm, looked at data from monitored cryptocurrency wallets, concluding that around $449 million has been taken from victims in the last six months. What is big game hunting?

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LockBit ransomware attack on Accenture

CyberSecurity Insiders

Accenture that offers professional services was reportedly hit by a ransomware attack launched by LockBit group. And reports are in that none of the servers were hit by the malware as proactive cybersecurity measures taken by the company paid well.