64% Jump in Ransomware Claims on Remote Access Tools, Report Shows May 16, 2024 A 64% jump in ransomware claims in 2023 is driven by an explosion in “indirect” ransomware incidents, up over 415%...
After Years of Taunts, Brash Leader of LockBit Charged by US May 8, 2024 By Ryan Gallagher and Jamie Tarabay For years now, the leader of the ransomware gang LockBit, known as LockBitSupp, has been a provocative if mysterious presence...
FBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang February 20, 2024 By Jamie Tarabay A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit,...
US Offers up to $10M Reward for Info Leading to Leaders of Notorious Ransomware Gang February 20, 2024 If you’ve got information on one of the world’s most prolific ransomware gangs, you could stand to make a cool...
Ransomware Hackers Stole More Than $1 Billion in 2023 February 8, 2024 By Sana Pashankar Ransomware gangs stole more than $1 billion in 2023, the largest amount ever recorded, according to a report published Wednesday...
Global Ransomware Attacks Reach Record High in 2023, Says Corvus January 31, 2024 Despite law enforcement actions, fourth quarter 2023 ransomware incidents still surpassed 2022 by nearly 70%, and the number of active...
Massachusetts Hospital Faces Class Action Over Christmas Cyber Attack January 26, 2024 A Massachusetts hospital that suffered a cyber attack in December has been hit with a class action lawsuit for its...
Kansas Court System Seeks $2.6M to Recover from Cyberattack January 19, 2024 By John Hanna The Kansas court system needs at least $2.6 million in additional funds to recover from an October cyberattack that prevented...
US Seizes BlackCat Ransomware Site, Offering Decryption Tool December 28, 2023 By Jeff Stone and Ryan Gallagher The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of...
Federal Cyber Insurance Backstop Is Warranted With Focus on Catastrophic Risk November 28, 2023 By Chad Hemenway Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a...