Marks & Spencer has confirmed “pockets of limited availability” across some of its stores following a cyber attack that temporarily disrupted parts of its IT systems. The British retailer has been grappling with the fallout from the cyber incident for over a week, which wiped millions off its market value. The company, which employs about...Read More
Despite how aware hard-boiled researchers are of how volatile and dynamic threat actor activities can be, an April 30 blog by Group-IB showed that they are “sometimes still surprised by how quickly things change in just a few days.”In this case, when they started out researching RansomHub’s operations several weeks ago, they didn’t expect the...Read More
Security researchers have identified significant connections between two major ransomware-as-a-service (RaaS) operations, with evidence suggesting affiliates from the recently-disabled RansomHub group may have migrated to the Qilin ransomware operation. The investigation reveals sophisticated technical capabilities within both groups and highlights the dynamic nature of ransomware ecosystems. RansomHub’s Technical Arsenal and Rise to Prominence RansomHub emerged...Read More
According to the 2024 State of Ransomware report by Sophos, there was a 500% increase in ransom bills in the last 12 months. Moreover, an analysis by Comparitech revealed 181 confirmed ransomware incidents targeting healthcare providers in 2024, with 25.6 million records compromised. Meanwhile, there were 42 more confirmed attacks on healthcare organizations not involved in direct...Read More
British teenagers have been linked to the notorious Scattered Spider hacking group suspected of being responsible for the cyber attack that continues to cripple Marks & Spencer. The gang of cyber criminals is believed to be largely made up of English-speaking teenagers and young men, predominantly from the UK and US. Online security experts fear...Read More
More than a week has passed since Marks & Spencer (M&S), one of the UK’s most recognisable retailers, was hit by a major cyber attack. As the disruption continues, journalists and the public are starting to question why it’s taking so long to resolve the issues caused by the attack. To help shed light on...Read More
Rackspace Technology and Rubrik have announced a strategic partnership to launch Rackspace Cyber Recovery Cloud, a fully managed isolated recovery service designed to combat rising ransomware threats. The solution combines Rubrik’s data protection software with Rackspace’s hybrid cloud expertise to enable business recovery within hours instead of...Read More
More than a week has passed since Marks & Spencer (M&S), one of the UK’s most recognisable retailers, was hit by a major cyber attack. As the disruption continues, journalists and the public are starting to question why it’s taking so long to resolve the issues caused by the attack. To help shed light on...Read More
