Government October 11, 2022

How the US Government is Fighting Back Against Ransomware

6 min read - As ransomware-related payments surged toward $600 million in the first half of 2021, the U.S. government knew it needed to do more to fight back against cyber criminals. For many years, the Treasury’s Office of Foreign Assets Control (OFAC) had…

Risk Management October 4, 2022

Why Do Ransomware Gangs Keep Coming Back From the Dead?

4 min read - Ransomware gangs are major players in the cybersecurity space, especially in recent years. ZDNet reported that ransomware gangs increased their payments by over 311% from 2019 to 2020, with totals for all groups exceeding $350 million in 2020. Ransoms continued…

Malware May 19, 2022

ITG23 Crypters Highlight Cooperation Between Cybercriminal Groups

24 min read - IBM Security X-Force researchers have continually analyzed the use of several crypters developed by the cybercriminal group ITG23, also known as Wizard Spider, DEV-0193, or simply the “Trickbot Group”. The results of this research, along with evidence gained from the…

Data Protection January 3, 2022

Everything You Need To Know About Ransomware Attacks and Gangs In 2022

4 min read - Ransomware is a lucrative business for criminals. It is paying off, and it is working. According to a recent Trend Micro report, a staggering 84% of US organizations experienced either a phishing or ransomware attack in the last year. The…

Malware September 9, 2021

LockBit 2.0: Ransomware Attacks Surge After Successful Affiliate Recruitment

7 min read - After a brief slowdown in activity from the LockBit ransomware gang following increased attention from law enforcement, LockBit is back with a new affiliate program, improved payloads and a change in infrastructure. According to IBM X-Force, a major spike in…

Zero Trust May 25, 2021

Try These Best Practices to Counter Common Cybersecurity Risks

5 min read - Since the beginning of the pandemic, ransomware and other cyber attacks have spiked. Meanwhile, millions of people have shifted from working in offices to working remotely. Organizations are increasingly relying on video conferencing, virtual private networks (VPNs) and remote desktop…

Advanced Threats April 30, 2021

3 Ransomware Threats in 2021 and How to Protect Against Them

4 min read - I’m sure I’m not the only one who expected the world to magically get back to normal — whatever that is — when the ball dropped on 2021. After seeing a rise in threats last year, no more ransomware, or…

Software Vulnerabilities April 23, 2021

Health Care Ransomware Strains Have Hospitals in the Crosshairs

5 min read - The language of digital attacks shares a lot with the language of disease: ‘viruses’ ‘infect’ computers, and stopping their spread can be like trying to keep down a contagious disease. The two worlds also come together when threat actors attack…

Risk Management April 16, 2021

Ransomware Attacks in 2021: Information Meets Emotion

4 min read - “If you want to go quickly, go alone, but if you want to go far, go together.” This African proverb opens the Sophos 2021 Threat Report, and in view of recent cybersecurity events, its meaning is very important when it…

Data Protection April 9, 2021

New Ransomware Threats Are Getting Bolder: How to Rewrite the Script

4 min read - Greater exposure is both good news and bad news when it comes to new ransomware threats. While ransomware attacks themselves are never good news, it is a positive sign that these attacks are receiving more media attention, such as the…