Record-Breaking Ransomware Profits Surpassed $1B in 2023
Attackers wielding ransomware collectively earned over $1 billion last year - breaking previous records. Their increasingly sophisticated attacks targeted
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Attackers wielding ransomware collectively earned over $1 billion last year - breaking previous records. Their increasingly sophisticated attacks targeted
Cybercrime underground chatter suggests ransomware group BlackCat - aka Alphv - is being disrupted by law enforcement. Experts warn that disruptions too often
Cybercrime underground chatter suggests ransomware group BlackCat - aka Alphv - is being disrupted by law enforcement. Experts warn that disruptions too often
Has the cry of the Qakbot come to an end? While the pernicious, multifunction malware fell quiet last week thanks to Operation "Duck Hunt," lucrative cybercrime operations have a history of rebooting themselves. Rivals also offer ready alternatives to ransomware groups and other criminal users.
What's behind the a profusion of reported attacks involving stolen or reused strains of ransomware? Blame a variety of factors, including law enforcement crackdowns, evolving ransomware business models and at least one case of a ransomware group leader with poor morale building skills.