Cybercrime gangs are looking to rebuild with new tactics after global police operations this year made a huge dent in their activities, experts have told AFP.
The gangs have had a bad year so far, with law enforcement operations taking out some of prominent groups including LockBit, a loose network of largely Russian-speaking cyber criminals. LockBit was one of the major developers of malicious software that allows criminals to lock victims out of their networks, steal their data and demand a ransom for its return.
Read more…
Source: NewsComAu
Related:
- Toyota finance business confirms ransomware attack, data breach
November 18, 2023
Toyota Financial Services (TFS), a subsidiary of the popular automaker, has confirmed suffering a ransomware attack. In a statement company stated that Toyota Financial Services Europe & Africa “recently identified unauthorized activity on systems in a limited number of its locations.” The company only mentioned unauthorized activity on its endpoints and didn’t discuss if any data ...
- Samsung UK discloses year-long breach, leaked customer data
November 17, 2023
The UK division of Samsung Electronics has allegedly alerted customers of a year-long data breach – the third such incident the South Korean giant has experienced around the world in the past two years. An email to customers, shared on social media by web security consultant and Have I Been Pwned creator Troy Hunt, detailed that ...
- Scattered Spider
November 16, 2023
The Federal Bureau of Investigation (FBI) and Cybersecurity and Infrastructure Security Agency (CISA) are releasing this joint Cybersecurity Advisory (CSA) in response to recent activity by Scattered Spider threat actors against the commercial facilities sectors and subsectors. This advisory provides tactics, techniques, and procedures (TTPs) obtained through FBI investigations as recently as November 2023. Scattered Spider ...
- Europol and Eurojust support Czech and Ukrainian police in taking down multi-million euro voice phishing gang
November 16, 2023
The Czech and Ukrainian police have disrupted, with the support of Europol and Eurojust, a prolific phishing gang believed to have defrauded victims across Europe of tens of millions of euros. In Czechia alone, the damage caused by this criminal group is estimated at over EUR 8 million (CZK 195 000 000). As a result of ...
- Royal Mail’s recovery from ransomware attack will cost business at least $12M
November 16, 2023
Royal Mail’s parent International Distributions Services has revealed for the first time the infrastructure costs associated with its January ransomware attack.… LockBit’s attack has driven costs up across various areas of the Brit business, but improvements to the corporation’s Heathrow Worldwide Distribution Centre – the target of the attack – will cost the biz £10 million ...
- Investigating the New Rhysida Ransomware
November 15, 2023
The Rhysida group was first identified in May 2023, when they claimed their first victim. This group deploys a ransomware variant known as Rhysida and also offers it as Ransomware-as-a-service (RaaS). The group has listed around 50 victims so far in 2023. The investigation conducted by the FortiGuard IR team and MDR team uncovered some of ...