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Phorpiex botnet sent millions of phishing emails to deliver LockBit Black ransomware

Security Affairs

Experts reported that since April, the Phorpiex botnet sent millions of phishing emails to spread LockBit Black ransomware. The ZIP archives contain a compressed executable payload that, if executed, will start the encryption process with LockBit Black ransomware. ” states the report published by the NJCCIC.

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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

Criminal hackers will try almost anything to get inside a profitable enterprise and secure a million-dollar payday from a ransomware infection. ” This attacker’s approach may seem fairly amateur, but it would be a mistake to dismiss the threat from West African cybercriminals dabbling in ransomware. billion in 2020.

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Blacktail: Unveiling the tactics of a notorious cybercrime group

CyberSecurity Insiders

In recent months, a cybercrime group known as Blacktail has begun to make headlines as they continue to target organizations around the globe. Since February, the group has launched multiple attacks based on their latest ransomware campaign labeled Buhti. Babuk is a ransomware that was first discovered in early 2021.

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Known ransomware attacks up 68% in 2023

Malwarebytes

Top of the list is “Big Game” ransomware, the most serious cyberthreat to businesses all around the world. Big game attacks extort vast ransoms from organizations by holding their data hostage—either with encryption, the threat of damaging data leaks, or both.

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Akira ransomware received $42M in ransom payments from over 250 victims

Security Affairs

Government agencies revealed that Akira ransomware has breached over 250 entities worldwide and received over $42 million in ransom payments. Like other ransomware gangs, the group has developed a Linux encryptor to target VMware ESXi servers. “Akira threat actors utilize a sophisticated hybrid encryption scheme to lock data.

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Europol lifts the lid on cybercrime tactics

Malwarebytes

The report follows the Internet Organized Crime Assessment (IOCTA), Europol’s assessment of the cybercrime landscape and how it has changed over the last 24 months. Ransomware is named as the most prominent threat with a broad reach and a significant financial impact on industry. Stop malicious encryption.