IT Sec News updates – Ransomware Attacks

February 20, 2024
NEWS

FBI and allies seize dark-web site of world's most prolific ransomware gang | CNN Politics

The FBI and its international allies have seized a dark-web site that the world's most prolific ransomware gang has used to extort its victims, …

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FBI, British authorities seize infrastructure of LockBit ransomware group – CyberScoop

A coalition of international law enforcement agencies moved to disrupt the world's most prolific ransomware group on Monday.

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Ransomware Experts See Problems With Banning Ransom Payments – BankInfoSecurity

As the damage caused by ransomware and profits flowing to attackers reaches record levels, a panel of cybersecurity and policy experts reviewed …

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Why Data Breaches Spiked in 2023 – Harvard Business Review

New Types of Ransomware Attacks. Almost everyone has heard of ransomware attacks. That is when hackers get onto your computer and “lock up” your data …

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Law enforcement seizes LockBit ransomware gang's website in “ongoing” operation – Axios

ransomware gangs. Taking down its operations is a huge win for law enforcement and cyber defenders fighting ransomware. Most recently, LockBit has …

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Ransomware Group Takes Credit for LoanDepot, Prudential Financial Attacks

The BlackCat/Alphv ransomware group has taken credit for the LoanDepot and Prudential Financial attacks, threatening to sell or leak data.

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Site run by cyber criminals behind Fulton County ransomware attack taken over – FOX 5 Atlanta

On Monday, a website belonging to a group of accused cyber criminals who claimed responsibility for the ransomware incident in Fulton County was …

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Ransomware top cyber threat for insurance sector in 2024

This includes insider threats, AI-related threats, ransomware, deep fakes and malware, DoS attacks, supply chain attacks, phishing, zero-day attacks …

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Cybercriminals, ransomware attackers made a lot of money in 2023. Here's how – Firstpost

Cybercriminals, especially those who engage in ransomware attacks had a blast in 2023. Globally, they made over $1 billion in ransoms.

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Ransomware Protection Market projected to reach USD 57.9 Billion by 2030, growing at a …

The Global Ransomware Protection Market was valued USD 18.4 Billion in 2023 and projected to reach USD 57.9 Billion by 2030, growing at a CAGR of …

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