Ransomware News

In recent years, job postings in the software and IT sectors have become commonplace, with companies constantly searching for skilled professionals to fill various technical roles. However, a concerning new trend has emerged, showing the increasing professionalization of cybercrime: hacking groups, particularly those operating from Russia, have begun posting direct job advertisements online. These ads The post Professionalization seen in Russian Cyber Crime groups linked to Ransomware appeared first on Cybersecurity Insiders.

Ransomware attacks have become one of the most dangerous cybersecurity threats in recent years. As cybercriminals increasingly target individuals, businesses, and even government organizations, the choice of whether or not to pay the ransom has become a contentious issue. In many cases, victims of ransomware attacks are faced with a difficult decision: to pay the The post Consequences of Bowing Down to Hackers in Ransomware Attacks appeared first on Cybersecurity Insiders.

A botnet named Phorpiex has been discovered playing a key role in the distribution of millions of phishing emails aimed at deploying LockBit Black Ransomware. The cyberattack campaign was first identified in October 2024, though it is believed to have been active since April 2024. This discovery was made by the New Jersey Cybersecurity and The post Phorpiex Botnet Phishing Emails Linked to LockBit Black Ransomware Campaign appeared first on Cybersecurity Insiders.

Kaspersky, the cybersecurity firm originally based in Russia, has uncovered a troubling trend where cybercriminal groups are teaming up to maximize profits by deploying two types of malicious attacks in succession. This collaborative strategy involves spreading information-stealing malware first, followed by a ransomware attack—ensuring cybercriminals receive double the ransom. The latest discovery came from an The post Hacking Groups Collaborate for Double Ransom Scheme appeared first on Cybersecurity Insiders.

Ransomware attacks have become a regular fixture in the headlines, wreaking havoc across industries, leaving organizations racing to restore operations, and customers worrying about the safety of their data. The fallout from a ransomware incident reaches well beyond operational disruptions—reputational damage, sharp declines in stock prices, and the risk of significant fines— creating a nightmare The post The Growing Threat of Ransomware in 2024: What You Need to Know appeared first on Cybersecurity Insiders.

Newpark Resources, a Texas-based company providing essential tools and services to the oil and gas industry, as well as the construction sector, was recently targeted in a ransomware attack that disrupted its financial and operational analytics systems. The attack, which occurred on October 29, 2024, partially crippled the company’s internal systems for a period, affecting The post American Oilfield supplier Newpark Resources hit by ransomware attack appeared first on Cybersecurity Insiders.

A little-known cybercriminal group, Hellcat ransomware, has recently gained attention after reportedly attacking Schneider Electric, a French-based energy management company. The group claims to have stolen approximately 60GB of data, threatening to release 40GB of it on the dark web unless a ransom of $125,000 is paid in a cryptocurrency called Baguettes. In response, Schneider The post Schneider Electric ransomware attack to cost $125k and more in Baguettes appeared first on Cybersecurity Insiders.

In what could potentially be the largest data breach in the history of pathology labs in the United States, the Medusa Ransomware group has reportedly affected over 1.8 million patients associated with Summit Pathology Laboratory in Colorado. This incident underscores a significant vulnerability within the healthcare sector and raises serious concerns about data security practices. The post Medusa Ransomware attack impacts 1.8 million patients appeared first on Cybersecurity Insiders.

Ransomware attacks are increasingly common, and falling victim to one can be a terrifying experience. If you find yourself in this situation, here’s a step-by-step guide on how to respond effectively. 1. Stay Calm and Assess the Situation   • Don’t panic. Take a moment to assess what’s happening. Identify which files or systems have The post What to Do If Hit by Ransomware appeared first on Cybersecurity Insiders.

All these days, ransomware criminals have predominantly targeted Windows and Linux operating systems, leading to significant disruptions across various sectors. However, a recent survey conducted by SentinelOne reveals a concerning shift in this trend, highlighting the emergence of ransomware specifically targeting Apple’s macOS systems. This new threat boasts capabilities that not only encrypt files but The post Ransomware threat to Apple MacOS devices appeared first on Cybersecurity Insiders.