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Fake ransomware demands payment without actually encrypting files

Malwarebytes

Fake it till you make it ransomware groups are trying to get rich off the backs of genuine ransomware authors. Because they don’t actually create ransomware or compromise networks in any way. The battle plan of a fake ransomware group The general approach is as follows: Claim to be a different, genuine ransomware group.

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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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Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. An extortion message currently on the Incognito Market homepage.

Marketing 293
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Logistics giant warns of scams following ransomware attack

Malwarebytes

German logistics giant Hellmann Worldwide Logistics has issued a warning that data was stolen from the company when it was hit with a ransomware attack on December 9, 2021. Many ransomware operators use the threat of leaking stolen data for extra leverage during the ransom negotiation stage. The ransomware itself is highly targeted.

Scams 121
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Tax Season Alert: Common scams and cracked software

Webroot

These unauthorized versions are frequently loaded with malware, from trojans and keyloggers to ransomware. The allure of free access blinds users to the dangers, turning their devices into gateways for cybercriminals to steal sensitive information, encrypt files for ransom, or enlist computers into botnets.

Scams 90
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HardBit ransomware demands ransom based on insurance cover

CyberSecurity Insiders

All these days we have read about ransomware spreading groups stealing data and then threatening to release it online, if the victim fails to pay heed to their demands. But now a new file encrypting malware variant has emerged onto the block that demands ransom, based on the insurance cover.

Insurance 124
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Ransomware operators might be dropping file encryption in favor of corrupting files

CSO Magazine

Ransomware started out many years as scams where users were being tricked into paying fictitious fines for allegedly engaging in illegal online behavior or, in more serious cases, were blackmailed with compromising videos taken through their webcams by malware. To read this article in full, please click here