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Arrest in Kaseya Attack Highlights Government Ransomware Progress

eSecurity Planet

law enforcement officials this week announced the indictments of a Ukrainian national and a Russian citizen in connection with ransomware campaigns by the recently shuttered REvil cybercriminal group, including the high-profile attack on IT software vendor Kaseya earlier this year. Also read: Best Ransomware Removal and Recovery Services.

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Holy Ghost ransomware operation is linked to North Korea

Security Affairs

Microsoft researchers linked the Holy Ghost ransomware (H0lyGh0st) operation to North Korea-linked threat actors. The Microsoft Threat Intelligence Center (MSTIC) researchers linked the activity of the Holy Ghost ransomware (H0lyGh0st) operation to a North Korea-linked group they tracked as DEV-0530. ” concludes Microsoft.

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As ransomware inches from economic burden to national security threat, policies may follow

SC Magazine

On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. In the last year, such attacks have swept through every sector, affected schools, hospitals, critical infrastructure, transportation and governments.

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Ransomware Gang Shutters Operations after Making $365K in One Month

Hot for Security

has shut down operations after extorting regular users and small businesses of almost 9 Bitcoin, the equivalent of around $365,000, in a matter of weeks. In typical ransomware fashion, the attackers gave victims a Readme.txt file containing instructions on how to recover their encrypted files – pay 0.1

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Ransomware is a societal problem requiring societal solutions

IT Security Guru

Ransomware is a crime that is predominantly financially motivated, yet the effects of attacks are far broader and more profound than just the financial impact. Pervasive attacks against healthcare, local government, schools and other forms of critical infrastructure are threatening our quality and safety of life every day.

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Ransomware: A National Emergency?

SecureWorld News

Is ransomware a national emergency? Just days before a ransomware attack shut down a crucial fuel pipeline in the U.S., leaders from around the world gave a stark assessment about ransomware: everything is at risk. Ransomware as a threat to critical infrastructure. Ransomware as a threat to critical infrastructure.

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Canada Charges Its “Most Prolific Cybercriminal”

Krebs on Security

A 31-year-old Canadian man has been arrested and charged with fraud in connection with numerous ransomware attacks against businesses, government agencies and private citizens throughout Canada and the United States. Federal Bureau of Investigation (FBI) contacted them regarding ransomware attacks that were based in Canada.