Oh dear, what a shame, never mind. Yes, it’s hard to feel too much sympathy when a group of cybercriminals who have themselves extorted millions of dollars from innocent victims have found themselves dealing with their own cybersecurity problem. And that’s just what has happened to the notorious LockBit ransomware gang, which has been given...Read More
LockBit has suffered a data breach following panel defacement. (Photo: Tero Vesalainen/ Shutterstock) LockBit, a ransomware group known for numerous cyberattacks, has encountered a data breach following the defacement of its dark web affiliate panels. These panels now display a message stating, “Don’t do crime CRIME IS BAD xoxo from Prague,” along with a link...Read More
The Press Information Bureau’s fact-check handle on X, @PIBFactCheck, flagged a forward that is going viral on social media. It is regarded to be part of the disinformation war launched by non-state actors in the aftermath of Operation Sindoor. The forward makes three points: The first is that ATMs across India will remain shut for...Read More
A recent discovery by Netskope Threat Labs has brought to light a highly complex ransomware variant dubbed “DOGE Big Balls,” a derivative of the Fog ransomware. Named provocatively after the Department of Government Efficiency (DOGE), this ransomware incorporates political statements and taunts in its payloads, including references to public figures and YouTube videos. The ransomware’s...Read More
Cybersecurity researchers have identified a sophisticated new ransomware variant called “DOGE Big Balls,” which appears to be a modified version of the existing Fog ransomware family. The malware, provocatively named after the Department of Government Efficiency (DOGE), employs a complex multi-stage infection chain utilizing both custom-developed PowerShell scripts and well-known open-source tools to compromise victim...Read More
The recent surge of ransomware attacks on global organisations has drawn renewed focus to the critical risks facing essential infrastructure and business operations. The latest incident involves Aigües de Mataró, a Spanish water supplier, whose computer systems and website have been compromised. This attack follows a string of high-profile ransomware incidents in Spain, including the...Read More
What we’re seeing with Medusa ransomware isn’t just another spike — it’s a sign of how ransomware is evolving. The question every organisation should be asking right now is: If an attack like Medusa came for you, could you survive it? New research from Illumio’s Global Cost of Ransomware Study shows just how widespread and damaging these...Read More
The financial sector experienced notable impacts, with recovery costs averaging $2.58 million per incident in 2024, up from $2.23 million in 2023. Ransom demands in this sector varied widely, ranging from $180,000 to $40 million, with an average demand of $6.9 million. Additionally, the sector faced significant downtime costs, estimated at $32.3 billion since 2018....Read More
According to the report, Business email compromise (BEC) and funds transfer fraud (FTF) have been the most prevalent cyber incidents. (Photo: Shutterstock) Ransomware claims remained the most financially damaging cyber threat, despite a stabilisation in their frequency in 2024. The finding is part of cyber insurer Coalition’s 2025 Cyber Claims Report, based on data from...Read More
