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/PRNewswire/ Axiom Cloud, announced today that it closed $5 million in funding from Toshiba Tec and Windsail Capital Group. This funding aims to accelerate. ....
BankInfoSecurity Compliance DougOlenick) • May 18, 2021 Ransom payment amounts generated by DarkSide ransomware (Source: Elliptic) The DarkSide ransomware gang apparently collected over $90 million in ransom payments from about 47 victims, including Colonial Pipeline Co., since the gang began operating in August 2020, according to the blockchain analytics firm Elliptic, which says it analyzed bitcoin wallet activity. Using the ransomware-as-a-service model, the DarkSide gang, which says it shut down operations as of May 13, provided malware to affiliates, who infect targeted computer systems and negotiate ransom payments. The DarkSide gang reportedly took a 25% share for ransoms less than $500,000, gradually decreasing to a 10% share for ransoms greater than $5 million, with the affiliates getting the remainder, writes Tom Robinson, Elliptic s co-founder and chief scientist, ....
The criminal forum washed its hands of ransomware after DarkSide's pipeline attack & alleged shutdown: A "loss of servers" that didn't stop another attack. ....
Security News in Review: Biden Administration Aims to Disrupt Ransomware Gangs Community Chats Webinars Library Security News in Review: Biden Administration Aims to Disrupt Ransomware Gangs This week in Security News in Review, you’ll find plans from the U.S. government on disrupting threat actor networks, more action from the DarkSide gang, and FIN7 masquerading as a security analysis firm. US government plans to disrupt hackers behind Colonial Pipeline ransomware, Biden says In the wake of the Colonial Pipeline being hamstrung by ransomware this past week, President Biden said the U.S. government aims to disrupt the operations of ransomware networks within Russia. This did not extend to a retaliatory attack against DarkSide’s owners, but has thus far involved reaching out to Moscow to entreat the Russian government to take action against the cybercriminals residing within its borders. It remains to be seen whether the U.S. government will targ ....
DarkSide Ransomware Hits Toshiba Tec Group securityweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from securityweek.com Daily Mail and Mail on Sunday newspapers.