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:
- Insurer AXA hit by ransomware after dropping support for ransom payments
May 16, 2021
Branches of insurance giant AXA based in Thailand, Malaysia, Hong Kong, and the Philippines have been struck by a ransomware cyber attack. As seen by BleepingComputer yesterday, the Avaddon ransomware group claimed on their leak site that they had stolen 3 TB of sensitive data from AXA’s Asian operations. Read more… Source: Bleeping Computer
- Russian-language cybercriminal forum ‘XSS’ bans DarkSide and other ransomware groups
May 14, 2021
Cybersecurity researchers with Flashpoint, Digital Shadows’ Photon Research Team and other firms have confirmed that XSS, a popular cybercriminal forum, has outright banned ransomware sales, ransomware rental, and ransomware affiliate programs on their platform, according to a announcement released in Russian. The move comes after global scrutiny of ransomware groups increased following a damaging attack on ...
- DarkSide ransomware servers reportedly seized, operation shuts down
May 14, 2021
The DarkSide ransomware operation has allegedly shut down after the threat actors lost access to servers and their cryptocurrency was transferred to an unknown wallet. This news was shared by a threat actor known as ‘UNKN’, the public-facing representative of the rival REvil ransomware gang, in a forum post first discovered by Recorded Future researcher Dmitry ...
- Ireland: Health service IT systems forced to shut down after ‘fairly sophisticated’ cyber attack
May 14, 2021
Health service IT systems have been shutdown today following a cyber attack that the HSE believes was carried out by international criminals seeking to extort money . The HSE said the main attack began at around 4.30am on Friday and that IT staff switched off systems as a “precaution” in order to protect data and give ...
- FBI IC3 Logs 6 Million Complaints – Record Increase in Reporting Brings IC3 to New Milestone
May 14, 2021
It took nearly seven years for the FBI’s Internet Crime Complaint Center (IC3) to log its first million complaints. It took only 14 months to add the most recent million. The IC3 logged five million complaints on March 12, 2020, a few weeks before it marked its 20th anniversary. After a period of record reporting, the ...
- Meet Lorenz – A new ransomware gang targeting the enterprise
May 13, 2021
A new ransomware operation known as Lorenz targets organizations worldwide with customized attacks demanding hundreds of thousands of dollars in ransoms. The Lorenz ransomware gang began operating last month and has since amassed a growing list of victims whose stolen data has been published on a ransomware data leak site. Read more… Source: Bleeping Computer
