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:
- Cyberattack on Moldova’s Court of Accounts destroyed public audits
July 16, 2021
Moldova’s “Court of Accounts” has suffered a cyberattack leading to the agency’s public databases and audits being destroyed. Court of Accounts of Moldova is a government authority that performs audits of public financial resources and government agencies to comply with international standards. Read more… Source: Bleeping Computer
- Linux Variant of HelloKitty Ransomware Targets VMware ESXi Servers
July 16, 2021
For the first time, researchers have publicly spotted a Linux encryptor used by the HelloKitty ransomware gang: the outfit behind the February attack on videogame developer CD Projekt Red. On Wednesday, MalwareHunterTeam disclosed its discovery of numerous Linux ELF-64 versions of the HelloKitty ransomware targeting VMware ESXi servers and virtual machines (VMs) running on them. Read more… Source: ...
- Cybercriminals took advantage of WFH to target financial services companies, says Financial Stability Board report
July 14, 2021
Criminals targeted security gaps at financial services firms as their staff moved to working from home, according to a report issued by the Financial Stability Board (FSB) on Tuesday. Established after the G20 London summit in April 2009, the FSB makes recommendations about the global financial system and coordinates financial rules for the G20 group of ...
- Trickbot updates its VNC module for high-value targets
July 14, 2021
The Trickbot botnet malware that often distributes various ransomware strains, continues to be the most prevalent threat as its developers update the VNC module used for remote control over infected systems. Its activity has been increasing constantly since the complete disruption of the Emotet botnet in January, which acted as a distributor for both Trickbot and ...
- SonicWall releases urgent notice about ‘imminent’ ransomware targeting firmware
July 14, 2021
Networking device maker SonicWall sent out an urgent notice to its customers about “an imminent ransomware campaign using stolen credentials” that is targeting Secure Mobile Access (SMA) 100 series and Secure Remote Access (SRA) products running unpatched and end-of-life 8.x firmware. In addition to the notice posted to its website, SonicWall sent an email to anyone ...
- The Underground Exploit Market and the Importance of Virtual Patching
July 13, 2021
Over the past two calendar years, we conducted research on the underground exploit market to learn more about the life cycle of exploits, the kinds of buyers and sellers who transact, and the business models that are in effect in the underground. We detail our findings in our research paper “The Rise and Imminent Fall ...