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HIVE Ransomware Shut Down by International Law Enforcement

SecureWorld News

The United States Department of Justice (DOJ) recently announced that it has successfully taken down the HIVE ransomware network, an international cybercrime ring that had been responsible for stealing and encrypting the data of more than 1,500 companies from 80 different countries. Cybercrime is a constantly evolving threat.

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RansomBoggs Ransomware hit several Ukrainian entities, experts attribute it to Russia

Security Affairs

In September 2022, Sandworm has been observed impersonating telecommunication providers to target Ukrainian entities with malware. RansomBoggs encrypts files using AES-256 in CBC mode and appends the.chsch extension to the encrypted files. The key is then RSA encrypted and written to aes.bin.

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Ukrainian police arrested Ransomware gang behind attacks on 50 companies

Security Affairs

” To cash out the funds received as ransom payments, the cybercrime group carried out complex financial transactions using online payment services that are banned in Ukraine, they used an extensive network of fictitious identities. .

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The Evolving Cybersecurity Threats to Critical National Infrastructure

Thales Cloud Protection & Licensing

For example, #CybersecurityAwarenessMonth, celebrating its 20th anniversary this October, aims to empower people and organizations across every sector to protect critical assets against cybercrime. of the surveyed organizations encrypt more than 90% of their sensitive data stored in the cloud. And only a mere 2.6%

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Boyne Resorts ski and golf resort operator hit with WastedLocker ransomware

Security Affairs

The ransomware encrypted files and renamed their filenames by adding the “ easy2lock” extension, this extension was previously associated with recent WastedLocker ransomware infections. Most of the victims belong to the manufacturing industry, followed by IT and media and telecommunications sectors.

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Access as a Service Rising in Popularity

SecureWorld News

While the highest price was $95,000 for an Asian telecommunications service provider. Technology and telecommunications companies are among the most common victims and often command higher prices. Ransomware operators typically conduct other malicious activities, such as the exfiltration of profitable data, before encrypting files.".

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Data Loss Prevention for Small and Medium-Sized Businesses

IT Security Guru

On the other hand, small-sized companies are also vulnerable to increasing cybercrime and the rapidly evolving threat landscape since they need more resources to hire security professionals and need more expertise. Limiting user privileges to essential functions and regularly reviewing access rights can enhance security.