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Business services provider Morley discloses ransomware incident

Bleeping Computer

disclosed a data breach after suffering a ransomware attack on August 1st, 2021, allowing threat actors to steal data before encrypting files. [.]. Morley Companies Inc.

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. Sophos researchers discovered that the group is now leveraging a new technique called “intermittent encryption” to speed up the encryption process.

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You can now implement and maintain encryption with minimal impact

Thales Cloud Protection & Licensing

You can now implement and maintain encryption with minimal impact. Technologies such as IoT, cloud, edge computing, and AI can drastically improve business service and operations. Encryption is best practice to ensure cybercriminals do not gain access to your business’s sensitive data. Initial encryption.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT.

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Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

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Experts warn of a spike in May and June of 8Base ransomware attacks

Security Affairs

The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. “8Base has an opportunistic pattern of compromise with recent victims spanning across varied industries.” and Brazil.

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New LockFile ransomware gang uses ProxyShell and PetitPotam exploits

Security Affairs

.” The victims of the Lockfile ransomware gang are in the manufacturing, financial services, engineering, legal, business services, and travel and tourism sectors. Once encrypted the files, the ransomware will append the .lockfile lockfile extension to the encrypted file’s names.