Remove state-of-security ransomware-service-raas-works
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GUEST ESSAY: Defending ransomware boils down to this: make it very costly for cybercriminals

The Last Watchdog

From financial institutions to meat producers, it seems every industry has been impacted by ransomware in the past year — maybe even the past week. Related: Tech solutions alone can’t stop ransomware. Put simply, ransomware attacks are on the rise because of profits. Why the stark increase? Low cost attacks.

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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” Initially the group made a name for itself by SIM swapping.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

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FBI and CISA publish guide to Living off the Land techniques

Malwarebytes

The Cybersecurity and Infrastructure Security Agency (CISA), National Security Agency (NSA), Federal Bureau of Investigation (FBI), and other authoring agencies have released a joint guidance about common living off the land (LOTL) techniques and common gaps in cyber defense capabilities. And it’s not just the US.

Software 143
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LockBit ransomware advisory from CISA provides interesting insights

Malwarebytes

This confirms Malwarebytes findings that LockBit is the most active Ransomware-as-a-Service operator. In our monthly Ransomware Reviews , LockBit often ranks top for victim count, although Cl0p is a close rival. ” A disadvantage for operators of an RaaS model is the mutual trust that is needed.

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McAfee Enterprise & FireEye 2022 Threat Predictions

McAfee

What cyber security threats should enterprises look out for in 2022? Ransomware, nation states, social media and the shifting reliance on a remote workforce made headlines in 2021. Nation States will weaponize social media to target more enterprise professionals. Lazarus Wants to Add You as a Friend. By Raj Samani.

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Roblox and Twitch provider Tipalti breached by ransomware

Malwarebytes

Accounting software provider Tipalti says it is investigating a claim by ransomware group ALPHV that they have gained access to Tipalti’s systems. The ransomware group claim to have had access since September 8, 2023. How to avoid ransomware Block common forms of entry. Prevent intrusions. Detect intrusions.