IT Sec News updates – Ransomware Attacks

August 23, 2023
NEWS

Akira ransomware targets Cisco VPNs to breach organizations – Bleeping Computer

There's mounting evidence that Akira ransomware targets Cisco VPN (virtual private network) products as an attack vector to breach corporate …

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MOVEit attack spree makes Clop summer's most prolific ransomware group | Cybersecurity Dive

The financially-motivated threat actor was responsible for one-third of all ransomware attacks in July, according to NCC Group and Flashpoint.

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One simple way to cut ransomware recovery costs in half – Security Intelligence

Ransomware attacks remain a top threat to organizations. But with a single step, you can cut down the average cost of an attack by 50%.

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Continued MOVEit Exploitation Drives Record Ransomware Attacks – Infosecurity Magazine

NCC Group researchers observed 502 ransomware attacks in July 2023, with a large proportion made up of Clop's continued exploitation of MOVEit.

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Adapting tools & tactics to fight modern ransomware – CSO Online

Security vendors are continually making progress to integrate their security solutions and better protect against cyber ransomware attacks. But those …

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Clop's MOVEit attacks drive ransomware volumes to record high | Computer Weekly

Such has been the scope of Clop's activity since May that ransomware attack volumes have more than doubled year on year, according to the latest …

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Ransomware Takes Center Stage in Q2 2023 – PR Newswire

Nuspire's Q2 2023 Cyber Threat Report Shows Rapid Growth of CL0P Ransomware Gang. COMMERCE, Mich., Aug. 22, 2023 /PRNewswire/ — Nuspire, …

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ALPHV/BlackCat ransomware hits Seiko | SC Media

ALPHV/BlackCat ransomware hits Seiko Seiko was claimed to be compromised by the ALPHV/BlackCat ransomware operation in a cyberattack disclosed by …

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'Cuba' Ransomware Group Uses Every Trick in the Book – Dark Reading

How a Russian cybercrime group using Cuban Revolution references and iconography has emerged as one of the most profitable ransomware operations.

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Nubeva, a Custom Decryption Specialist, Looks to Patent its Ransomware Reversal Technology

Ransomware decryptors are the linchpin that cyber extortionists hold over the figurative heads of their victims, threatening that should a company …

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