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Another one bites the dust: Avaddon ransomware group shuts down operation

Malwarebytes

While various sectors in Australia were noted to be particularly targeted, the Avaddon strain has been instrumental in the successful network compromise of the Asian division of the AXA Group , one of the biggest cyber insurance companies in the world. A domino effect? Indeed, this is a win and something we should be grateful for.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations. The Threat of Ransomware. From the ransomware attack that compromised a major U.S. A Very Human Problem.