LYON, France — Authorities in seven African countries have arrested 306 suspects and seized 1,842 devices in an international operation targeting cyber attacks and cyber-enabled scams. The arrests were made as part of Operation Red Card (November 2024 – February 2025) which aims to disrupt and dismantle cross-border criminal networks which cause significant harm to...Read More

For many years, ransomware has been associated with online extortion, causing businesses to become immobilized as they attempt to recover encrypted data. With cybersecurity teams preparing for these direct attacks, organizations have become accustomed to the risk of frozen systems and locked databases. However, a new and much more pernicious threat is showing up that...Read More

Cyberattacks are becoming more sophisticated as defenders look to make attacks more difficult to succeed. While there will likely always be individual hackers who attack specific targets, cybercrime is also a business. And like any other business, having economies of scale helps to make more money. The basic idea behind achieving economies of scale...Read More

Key Insights: RTX Corporation faces an $8.4 million settlement due to cybersecurity compliance issues. Analysts project a potential upside with an average target price of $134.93. RTX holds an “Outperform” recommendation with a GF Value estimate suggesting further upside. RTX Corporation (RTX, Financial) has recently settled on an $8.4 million agreement due to allegations centered...Read More

Cobb County government target of cyberattack A hacking group on the dark web says it plans to release hundreds of thousands of photos and documents containing sensitive, personal information from the Cobb County government. COBB COUNTY, Ga. – A Russian-speaking hacking group said it would release hundreds of thousands of documents containing sensitive, personal information...Read More

The Medusa ransomware gang has infected more than 300 organizations in critical infrastructure sectors such as the medical, manufacturing and technology industries. That’s according to a joint cybersecurity advisory published Wednesday by CISA, the FBI and the Multi-State Information Sharing and Analysis Center (MS-ISAC). The agencies noted that Medusa — which is not connected to...Read More

Cybercrime is a growing global threat, causing trillions of dollars in economic damage annually. This report explores how Eastern Europe and Russia have become a significant hub for cybercriminal activity, fueled by historical legacies, economic disparities, and state connections. The study outlines the key drivers of cybercrime in Russia and neighboring countries, including the rise...Read More

Kraken exposed a North Korean hacker posing as a software engineer, uncovering discrepancies like fake identities, voice changes during interviews, and suspicious technical setups. The exchange allowed the candidate to advance in interviews to gather intel on Lazarus Group’s hiring infiltration tactics. Lazarus Group has stolen $650M+ from crypto firms and is now shifting focus...Read More

A joint advisory released March 12 by the FBI, Cybersecurity and Infrastructure Security Agency, and the Multi-State Information Sharing and Analysis Center warns of activity by Medusa ransomware observed as recently as February. Medusa is a ransomware-as-a-service group that was first identified in 2021.   The group has more than 300 victims from the medical,...Read More

Agency says gangs caused $37bn in losses in Asia as they gain new footholds in Africa, South America, and Middle East. Asian cybercrime syndicates have caused an estimated $37bn in losses in the East and Southeast Asian regions, with the United Nations warning that the reach of the criminal networks is expanding globally. In a...Read More