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Ransomhub ransomware gang claims the hack of Mexican government Legal Affairs Office

Security Affairs

Mexico is investigating a ransomware attack targeting its legal affairs office, as confirmed by the president amidst growing cybersecurity concerns. Mexico’s president announced the government is investigating an alleged ransomware hack that targeted the administration’s legal affairs office. Knight, also known as Cyclops 2.0,

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Rhysida Ransomware gang claims the hack of the Government of Peru

Security Affairs

The Rhysida Ransomware gang claims the hack of the Government of Peru, the gang breached Gob.pe, the Single Digital Platform of the Peruvian State. The Rhysida ransomware gang claims responsibility for hacking the Government of Peru, breaching Gob.pe, which is the country’s official digital platform.

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U.S. Offered $10M for Hacker Just Arrested by Russia

Krebs on Security

In January 2022, KrebsOnSecurity identified a Russian man named Mikhail Matveev as “ Wazawaka ,” a cybercriminal who was deeply involved in the formation and operation of multiple ransomware groups. government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest.

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Insurance and Ransomware

Schneier on Security

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.

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Cybersecurity Predictions for 2024

Within the past few years, ransomware attacks have turned to critical infrastructure, healthcare, and government entities. Attackers have taken advantage of the rapid shift to remote work and new technologies. Add to that hacktivism due to global conflicts and U.S.

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3 Ways the UK Government Plans to Tighten Cyber Security Rules with New Bill

Tech Republic Security

Amid a sharp spike in ransomware attacks disrupting essential services and critical infrastructure, the U.K. government has set out the scope of its upcoming Cyber Security and Resilience Bill for the first time.

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Ransomware Is Getting Ugly

Schneier on Security

Modern ransomware has two dimensions: pay to get your data back, and pay not to have your data dumped on the Internet. The Colonial Pipeline is another current high-profile ransomware victim. Ransomware has become the most profitable cybercrime business model, and until we solve those two problems, that’s not going to change.