A sophisticated new ransomware-as-a-service operation has emerged with advanced AI-powered negotiation capabilities and mobile management features, targeting organizations across healthcare, automotive, and industrial sectors. GLOBAL GROUP, operated by threat actor “$$$”, has claimed 17 victims across multiple countries since its June 2025 launch, demonstrating rapid operational scaling through automated systems and strategic partnerships with Initial...Read More
Belk hit by May cyberattack: DragonForce stole 150GB of data Pierluigi Paganini July 15, 2025 Ransomware group DragonForce claims it attacked U.S. retailer Belk in May, stealing over 150GB of data in a disruptive cyberattack. The infamous Ransomware group DragonForce claimed responsibility for the May disruptive attack on US department store chain Belk. The ransomware...Read More
This article was written in partnership with Alistair Fleming, Helen Clarke, Phillip Magness and Jaana Davidsson of Johnson Winter Slattery. Ransomware and data extortion attacks are unfortunately becoming increasingly common (see for example, high profile attacks on Canva,1 Latitude Financial2 and recently the Legal Practice Board of Western Australia).3 These attacks typically involve a party...Read More
Ransomware still dominates, but systemic events are harder to model – Munich Re Insurance Business America Source link .........................Read More
The manufacturing industry is suffering greatly from cyberattacks. For the fourth year in a row, the sector tops the list of most targeted industries. While ransomware poses the greatest threat, the human factor appears to be a crucial weak link. This is according to a report by KnowBe4. Remarkably, 22% of data breaches in the...Read More
Real-world intrusions across Azure and AWS As organizations pursue greater scalability and flexibility, cloud platforms like Microsoft Azure and Amazon Web Services (AWS) have become essential for enabling remote operations and digitalizing corporate environments. However, this shift introduces a new set of security risks, including expanding attack surfaces, misconfigurations, and compromised credentials frequently exploited by...Read More
Belk was impacted by a ransomware attack. (Image: Andrey_Popov) A notorious ransomware organization known as “DragonForce” is reportedly taking public credit for a recent breach of Belk Inc.’s systems. According to a note from U.K. security software company Comparitech, DragonForce announced on a data leak site it operates that it was behind a May 2025...Read More
Russian professional basketball player Daniil Kasatkin, previously playing for Moscow’s MBA team, was taken into custody last month at Charles de Gaulle Airport near Paris. The 26-year-old, standing 6’7″ tall, athlete was arrested upon his arrival with his fiancée (to whom he had just proposed) at the request of American prosecutors. Authorities suspect him of...Read More
Fraud Management & Cybercrime , Ransomware , Standards, Regulations & Compliance US Authorities Say Daniil Kasatkin, 26, Worked as Negotiator for Ransomware Group Akshaya Asokan (asokan_akshaya) • July 14, 2025 A Paris criminal court on Tuesday held an extradition hearing for a Russian professional basketball player who U.S. authorities say worked as a...Read More
Interlock ransomware group deploys new PHP-based RAT via FileFix Pierluigi Paganini July 14, 2025 Interlock ransomware group deploys new PHP-based RAT via FileFix (a ClickFix variant) in a widespread campaign targeting multiple industries. The Interlock ransomware group is deploying a new PHP-based variant of the Interlock RAT in a broad campaign. According to researchers from...Read More
