Evidence that members of the defunct REvil group may be reviving the ransomware gang continues to accumulate, but cybersecurity experts question whether the group will have the same impact that it once did. On April 29, anti-malware firm Avast revealed that the company’s software had blocked a ransomware sample that appeared to be generated using…

Ransomware tends to target organizations. Corporations not only house a trove of valuable data they can’t function without, but they are also expected to cough up a considerable amount of ransom money in exchange for their encrypted files. And while corporations struggle to keep up with attacks, ransomware groups have left the average consumer relatively…

Ransomware incidents have increased dramatically over the past few years. Complaints about ransomware attacks to the FBI’s Internet Crime Complaint Center surged 62% in the first half of 2021 compared to a similar time frame in 2020, according to the Cybersecurity and Infrastructure Security Agency. To blunt this growing threat, security professionals need to understand…

Members of the hacker group, also known as Sodinokibi, have been charged with crimes in Russia, and its infrastructure has “been liquidated,” the public relations arm of Moscow’s FSB security agency told Russia’s Interfax news agency. The special operation, conducted by Russian authorities, was reportedly at the request of the United States. “The FSB of…

New research from Palo Alto Networks’ Unit 42 has identified four emerging ransomware groups that have the potential to become bigger problems in the future. These are AvosLocker, Hive Ransomware, HelloKitty, and LockBit 2.0. Emerging ransomware threat groups “With major ransomware groups such as REvil and Darkside lying low or rebranding to evade law enforcement…

Also known as Sodinokibi, REvil has become one of the most prominent ransomware families out there, being involved in a large number of high-profile attacks, including the one on JBS, the world’s largest meat processing company. REvil is offered by an Eastern Europe/Russia-based threat actor tracked as PINCHY SPIDER, which is known for their RaaS…