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Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates

Krebs on Security

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. “I don’t think this is an accident—this is how ransomware groups talk to each other,” Stockley said.

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BlackCat Ransomware Raises Ante After FBI Disruption

Krebs on Security

Federal Bureau of Investigation (FBI) disclosed today that it infiltrated the world’s second most prolific ransomware gang, a Russia-based criminal group known as ALPHV and BlackCat. BlackCat formed by recruiting operators from several competing or disbanded ransomware organizations — including REvil , BlackMatter and DarkSide.

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2023 Ransomware Attack Report

Security Boulevard

The 2023 ransomware attack report summarizes the major changes we saw in ransomware trends and tactics by geography, sector and variant. The post 2023 Ransomware Attack Report appeared first on Security Boulevard.

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Ransomware Payments Are Down

Schneier on Security

Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 When we published last year’s version of this report, for example, we had only identified $602 million in ransomware payments in 2021. million from victims in 2022, down from $765.6

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? Considering the possible impact and the increased threat vector, deploying efficient ransomware protection must remain a priority for organizations of all sizes. Ransomware growth trends and stats. The costs and impact of a ransomware attack.

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BlackCat Ransomware Site Seized in International Takedown Effort

Tech Republic Security

The ransomware group, which has distributed ransomware to more than 1,000 victims, reportedly recovered control of its website on Tuesday. Learn how to defend against ransomware.

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Harnessing Artificial Intelligence for Ransomware Mitigation

Security Boulevard

Without AI, organizations will continue to suffer and struggle with recovery when faced with ransomware and other cyberattacks. The post Harnessing Artificial Intelligence for Ransomware Mitigation appeared first on Security Boulevard.