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LockBit Ransomware Group feels ashamed for the Cyber Attack

CyberSecurity Insiders

LockBit ransomware group that infiltrated the Olympia Community Unit School District 16 a few days ago has issued an unconditional apology for hacking into the servers of innocent school children. For those who aren’t aware of the potential of this file-encrypting malware-spreading gang, here’s a summary. LockBit 3.0

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Most of the cyber attacks in Canada are ransomware genre

CyberSecurity Insiders

According to a study conducted by Blake, Cassels Graydon LLP, most of the cyber attacks that were targeted on Canadian companies were of ransomware genre and alarmingly there was an increase in frequency and complexity of attacks. Note- Ransomware is a kind of malware that encrypts files until a ransom is paid.

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Australia to issue ban on ransomware payments after Latitude Financial Cyber Attack

CyberSecurity Insiders

The Australian government is set to issue a complete ban on ransomware payments after one of its major financial lenders became the target of a massive file-encrypting malware attack on March 16th this year.

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Cyber Attack on Bureau Veritas

CyberSecurity Insiders

The digital operations of the multinational company Bureau Veritas(BV) was brought to a halt when hackers launched a cyber attack on the IT infrastructure of the company that offers lab testing, inspection and certification services. Note 3- Ransomware is a kind of malware that encrypts a database until a ransom is paid.

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Gloucester City Council hit by a possible Ransomware Cyber Attack

CyberSecurity Insiders

Though there is no confirmed news that the attack was of a ransomware virus, sources report that the restoration of services might take a few weeks as the incident seems to be more complicated after preliminary investigations were concluded.

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Ransomware Cyber Attack on Molson Coors

CyberSecurity Insiders

Brewery company Molson Coors has made it official that its IT infrastructure was reigning under a major cyber attack that has brought its Beverage production to a complete standstill. Note 2- From the past few months, especially after lock-down, ransomware spreaders are consistently attacking private entities for financial benefits.

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List of victimized companies of MOVEit Cyber Attack

CyberSecurity Insiders

Ernst and Young NOTE- Microsoft has confirmed the presence of Clop ransomware suspects, linked to Russian intelligence behind the incident and reaffirmed that health organizations and financial institutions could be the next target of the notorious file encrypting malware spreading gang that is into double extortion.