RaaS

News

Issued by: CSO Online

The number of persons affected by a recent data breach at Evolve Bank & Trust exceeds 7.64 million, a document submitted to the Office of the Maine Attorney General this week by the law firm representing the financial services organization reveals. According to the document, the breach occurred on February 9, but was not discovered…

Malware & Threats

Issued by: Dark Reading

Global law-enforcement authorities including the FBI have disrupted the activities of the formidable LockBit ransomware gang, taking control of its platform and seizing data associated with its global ransomware-as-a-service (RaaS) operation. Information obtained by the operation — called Operation Cronos — includes source code, details of ransomware victims, stolen data, decryption keys, and the amount…

Malware & Threats

Issued by: DataBreach Today

The BlackCat ransomware-as-a-service operation’s putative “unseizing” of its leak site from the FBI is a stunt made possible by way the dark web handles address resolution, security researchers said Monday. The stunt was a “tactical error” that could alienate affiliates. U.S. authorities as part of an international law enforcement operation announced Monday morning that they…

Malware & Threats

Issued by: Dark Reading

Cybersecurity advisories from the FBI and the US Cybersecurity and Infrastructure Security Agency (CISA) are usually a good indication that a particular threat merits priority attention from organizations in the crosshairs. That would appear to be the case with “Snatch,” a ransomware-as-a-service (RaaS) operation that has been active since at least 2018 and is the…

Malware & Threats

Issued by: DataBreach Today

When is a LockBit ransomware attack not actually a LockBit attack? Cyber defenders are reporting a profusion of attacks involving stolen or reused strains of ransomware. Blame a variety of factors, including law enforcement crackdowns on big-name brands, evolving ransomware business models and at least one case of a ransomware group leader with poor people…

Malware & Threats

Issued by: DataBreach Today

A Russian man the U.S. federal government says has been a key actor in Russian ransomware hacking faces indictment in two American jurisdictions, economic sanctions and a $10 million reward for information leading to his arrest. The man, Mikhail Matveev, 31, aka Wazawaka, was a central figure of the Babuk ransomware-as-a-service gang. Babuk became inactive…

News

Issued by: Dark Reading

A newly discovered ransomware gang dubbed RA Group is ramping up its cyberattacks — the latest in a line of threat actors leveraging the leaked Babuk source code. The group distinguishes itself from the rest of the Babuk pack, however, with a highly customized approach. According to an analysis from Cisco Talos this week, RA…