IIoT chip maker Advantech hit by ransomware, $12.5 million ransom

The Conti ransomware gang hit the systems of industrial automation and Industrial IoT (IIoT) chip maker Advantech and is now demanding a $14 million ransom to decrypt affected systems and to stop leaking stolen company data. Advantech is a global Read More …

Conti (Ryuk) joins the ranks of ransomware gangs operating data leak sites

It has now become a mainstream tactic for big ransomware groups to create so-called “leak sites” where they upload and leak sensitive documents from companies who refuse to pay the ransomware decryption fee. These “leak sites” are part of a Read More …

Conti ransomware uses 32 simultaneous CPU threads for blazing-fast encryption

A lesser-known ransomware strain known as Conti is using up to 32 simultaneous CPU threads to encrypt files on infected computers for blazing-fast encryption speeds, security researchers from Carbon Black said in a report on Wednesday. Conti is just the Read More …