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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. Abnormal Security documented how it tied the email back to a young man in Nigeria who acknowledged he was trying to save up money to help fund a new social network he is building called Sociogram. .”

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U.S. Cybersecurity Agencies Warn of Scattered Spider's Gen Z Cybercrime Ecosystem

The Hacker News

cybersecurity and intelligence agencies have released a joint advisory about a cybercriminal group known as Scattered Spider that's known to employ sophisticated phishing tactics to infiltrate targets.

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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

What is the impact of ransomware on organizations? According to Statista.com, the impact of cybercrime is expected to reach almost $13 trillion this year. Based on Ransomlooker, a free Cybernews tool for monitoring the dark web and other hidden areas of the internet, 64% of organizations have already suffered from a ransomware attack.

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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. The report reveals that, awash with money, the number of known Big Game attacks surged by 68% in 2023, thanks to Ransomware-as-a-Service groups like LockBit and ALPHV.

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AI likely to boost ransomware, warns government body

Malwarebytes

The British National Cyber Security Centre (NCSC) says it expects Artificial Intelligence (AI) to heighten the global ransomware threat. The impact is expected to grow for several reasons: AI already helps cybercriminals to compose more effective phishing emails. But that availability will undoubtedly grow.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. ” Group-IB dubbed the gang by a different name — 0ktapus — which was a nod to how the criminal group phished employees for credentials.