Report: 75% of Organizations Hit By Ransomware in 2023

In a report from software company Veeam, 75% of businesses said that they’d dealt with ransomware or malware attacks in 2023. The attacks were cited as the most common cause of technology outages, and many organizations were subjected to multiple...
January 18, 2024

$1.2 Million in Bitcoin Mysteriously Sent to Satoshi’s Wallet

Satoshi Nakamoto — the pseudonym used by the founder of Bitcoin — is a little bit richer this week.  On Friday, January 5, Nakamoto’s first cryptocurrency wallet received a deposit of 26.9 bitcoin (BTC). The transaction was valued at about...
January 8, 2024

Black Basta Ransomware: Free Decryption Tools Released

A team from Security Research Labs (SRL) has released a set of free decryption utilities for victims of specific Black Basta ransomware attacks.  Of course, the tools are not perfect: Data recovery depends on the size of the file and...
January 3, 2024

Justice Department Announces Decryption Tools for ALPHV/Blackcat Ransomware

The Department of Justice (DOJ) has announced a disruption campaign against ALPHV, a ransomware group responsible for hundreds of attacks on businesses and critical U.S. infrastructure. ALPHV, also known as Blackcat or Noberus, is a ransomware-as-a-service (RaaS) gang. RaaS groups...
December 22, 2023

State of Maine Becomes Latest Victim of MOVEit Hack

The state government of Maine has announced a major cybersecurity incident, which may have exposed the personally identifiable information (PII) of nearly all of the state’s residents. “On May 31, 2023, the State of Maine became aware of a software...
November 10, 2023

“WormGPT:” Generative A.I. Could Help Ransomware Spread

Imagine that you’re sitting at your work computer when you receive an email:“Hey, it’s Bill — I’m the new guy in IT. I need your password so that I can set you up on the new sales system.”  You...
October 18, 2023

Ransomware and Social Engineering: Understanding the Link

The terms ransomware and social engineering are sometimes used interchangeably, particularly in news articles about major ransomware attacks.  The confusion is understandable: Many bad actors use social engineering techniques to distribute malicious software. However, social engineering is an attack vector,...
October 4, 2023

RMM Software: A Potential Ransomware Attack Vector

Remote monitoring and management (RMM) software plays an essential role in many IT departments. With appropriate controls, an RMM solution enables teams to proactively monitor their systems, resolve issues, and handle other tasks — but RMMs can also introduce significant...
September 20, 2023

Ransomware Attack Shuts Down MGM Resorts in Las Vegas

MGM Resorts International was allegedly victimized by a ransomware-as-a-service (RaaS) group on September 11, 2023, leading to the temporary shutdown of operations at numerous hotels and resorts. pic.twitter.com/nxIweGInsB — MGM Resorts (@MGMResortsIntl) September 11, 2023“MGM Resorts recently identified a...
September 14, 2023

Cuba Group’s Ransomware Targets Windows Computers

The Cuba ransomware Group, also known as Fidel, has modified their malware variant to exploit a vulnerability in Microsoft’s Windows Hardware Developer Program.  Contrary to its name, the Cuba group is believed to be based in Russia. For the past...
September 11, 2023