Unit 42 researchers have observed an increase in BlackSuit ransomware activity beginning in March 2024 that suggests a ramp up of operations. This threat emerged as a rebrand of Royal ransomware, which occurred in May 2023. Unit 42 tracks the group behind this threat as Ignoble Scorpius.
Since the rebrand, Unit 42 has observed at least 93 victims globally, a quarter of which were in the construction and manufacturing industries. The group describes themselves as an “extortioner named BlackSuit” and claims to reverse file encryption for “quite a small compensation essentially.” Although the group states the compensation is small, Unit 42 has observed that, on average, the initial ransom demand is about equal to 1.6% of the victim organization’s annual revenue.
Read more…
Source: Trend Micro
Related:
- Nigeria: Military Personnel Arrested For Cybercrime In Lagos
August 17, 2020
Lance Corporal Ajayi Kayode, a serving military personnel in Lagos State, has been arrested for alleged Internet fraud. Kayode was arrested in the Lekki axis of the state by operatives of the Economic and Financial Crimes Commission. The soldier, who was arrested alongside 26 others, said he was still learning “yahoo yahoo” (Internet fraud) from his friends ...
- World’s largest cruise line operator Carnival hit by ransomware
August 17, 2020
Cruise line operator Carnival Corporation has disclosed that one of their brands suffered a ransomware attack over the past weekend. Carnival Corporation is the largest cruise operator in the world with over 150,000 employees and 13 million guests annually. The cruise line operates under the brands Carnival Cruise Line, Costa, P&O Australia, P&O Cruises, Princess Cruises, ...
- ‘EmoCrash’ Exploit Stoppered Emotet For 6 Months
August 17, 2020
A researcher was able to exploit a vulnerability in Emotet – effectively causing the infamous malware to crash and preventing it from infecting systems for six months. Emotet, which first emerged in 2014 and has since then evolved into a full fledged botnet that’s designed to steal account credentials and download further malware, mysteriously disappeared from ...
- Ritz London suspects data breach, fraudsters pose as staff in credit card data scam
August 17, 2020
The Ritz Hotel in London has launched an investigation into a data breach in which scammers may have posed as staff members to steal credit card data. In a series of messages posted to Twitter dated August 15, the luxury hotel chain said that on August 12, the company was made aware of a “potential data ...
- Half of anti-malware products fail to recognize notable threats
August 17, 2020
Most popular, well-established cybersecurity solutions do not protect their users from all notable threats, according to new analysis from SE Labs. The security firm tested 14 of the world’s most popular cybersecurity solutions and, while products from Microsoft and Kaspersky Lab scored 100 percent, more than half failed to identify all threats. “While the numbers of ‘misses’ ...
- How Unsecure gRPC Implementations Can Compromise APIs, Applications
August 17, 2020
Enterprises are turning to microservice architecture to build future-facing applications. Microservices allow enterprises to efficiently manage infrastructure, easily deploy updates or improvements, and help IT teams innovate, fail, and learn faster. It also allows enterprises to craft applications that can easily scale with demand. Additionally, as enterprises switch architectures — jumping from the traditional monolithic to ...