There was a significant growth in threats from ransomware over the past 12 months, according to a new report focused on data breaches. The report, compiled by Verizon, showed a 37 per cent increase in ransomware threats compared to the same period ending in 2024. Ransomware is often broadly defined as a malware that is...Read More
The cybersecurity landscape is witnessing a significant shift as threat actors increasingly leverage Ransomware as a Service (RaaS) platforms enhanced by sophisticated Endpoint Detection and Response (EDR) killers. Despite successful law enforcement operations against established ransomware gangs like LockBit, new players have swiftly emerged to fill the void, employing aggressive business strategies and advanced tools...Read More
Fraud Management & Cybercrime , HIPAA/HITECH , Ransomware Enforcement Action Is Latest Under Agency’s Ransomware, Risk Analysis Initiatives Marianne Kolbasuk McGee (HealthInfoSec) • April 28, 2025 Image: HHS OCR Federal regulators fined a New York neurology practice $25,000 following an investigation into a 2020 ransomware breach affecting nearly 7,000 individuals. See Also: 2023...Read More
Hitachi Vantara, a subsidiary of Japanese multinational conglomerate Hitachi, was forced to take servers offline over the weekend to contain an Akira ransomware attack. The company provides data storage, infrastructure systems, cloud management, and ransomware recovery services to government entities and some of the world’s biggest brands, including BMW, Telefónica, T-Mobile, and China Telecom. In...Read More
DragonForce is selling its ransomware as a service that can be rebranded The group will handle malware development, leak sites, and more RaaS democratizes malware – as if AI hadn’t done enough damage Inspired by drug gangs, ransomware group DragonForce is bringing a new business model to the ransomware scene, and it involves cooperating with...Read More
Token’s Next-Generation MFA Wins Back-to-Back Global InfoSec Awards at RSA Conference 2025 for Stopping Phishing and Ransomware Business Wire Source link .........................Read More
According to a report from The 420, Urban One confirms that it has suffered a significant data breach that “compromised sensitive personal information of hundreds of individuals.” Urban One says that ransomware attack involved unauthorized access to its network resulting in the exposure employee data including names, Social Security numbers, direct deposit details, W-2 tax...Read More