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Ransomware Attack Targets Major North American Water Company

Security Boulevard

A ransomware attack last week hit the North American operations of massive water and wastewater systems operator Veolia, illustrating the ongoing threat to the critical infrastructure sector by cybercrime groups. The post Ransomware Attack Targets Major North American Water Company appeared first on Security Boulevard.

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Microsoft seized the US infrastructure of the Storm-1152 cybercrime group

Security Affairs

Microsoft’s Digital Crimes Unit seized multiple domains used by cybercrime group Storm-1152 to sell fraudulent Outlook accounts. Microsoft’s Digital Crimes Unit seized multiple domains used by a cybercrime group, tracked as Storm-1152, to sell fraudulent accounts. ” reads the announcement published by Microsoft.

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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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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. Costs of Cybercrime Global cybercrime costs are on the rise, increasing 15 per cent year over year, according to a 2021 cyberwarfare report by CyberSecurity Ventures.

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Who Wrote the ALPHV/BlackCat Ransomware Strain?

Krebs on Security

In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “ BlackCat “), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language. Image: Varonis. Image: Varonis. ” Meanwhile, the U.S.

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Black Basta Ransomware Suspected of Exploiting Windows Zero-Day Flaw

SecureWorld News

The prolific Black Basta ransomware operation is believed to have leveraged a recently patched Windows privilege escalation vulnerability as a Zero-Day exploit before a fix was made available, according to new research by cybersecurity firm Symantec. Microsoft addressed the flaw on March 12, 2024, as part of its monthly Patch Tuesday updates.

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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. Legitimate software and tools built into operating systems are then misused to establish persistence and traverse their victims’ networks.”