Business Services Encryption Manufacturing 
Security Affairs
JULY 18, 2025
NoMoreRansom warns users to remove the malware first with a reliable antivirus before using the decryptor, or files may be re-encrypted repeatedly. Phobos operation uses a ransomware-as-a-service (RaaS) model, it has been active since May 2019. Europol and the FBI are promoting it as an official recovery solution.
Security Affairs
FEBRUARY 11, 2025
“They allegedly used the Phobos malware to encrypt information on the networks, blocking the companies from accessing the data unless a ransom was paid and a decryption key was provided by the gang. Generation of target list of extensions and folders to encrypt. ” reported the website Nation Thailand.
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Security Affairs
AUGUST 9, 2025
million in incoming transaction volume likely associated with the group, with most victims located in the United States (US) in the healthcare, business services, and manufacturing sectors.” The RaaS mainly targeted US healthcare, business services, and manufacturing. ” concludes the report.
Security Affairs
AUGUST 31, 2021
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.
Thales Cloud Protection & Licensing
JULY 24, 2023
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?
Security Affairs
NOVEMBER 19, 2023
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.
Security Affairs
AUGUST 21, 2021
.” 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.
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