The LockBit ransomware group has unveiled a new website – LockBit 3.0 – to host their ransom extortions and data leaks. The website includes several new features, including an unprecedented bug bounty program to assist the group in securing their site; acceptance of the privacy cryptocurrency, Zcash; and the addition of receiving payments from users to: “extend the timer for 24 … [Read more...]
DC Police Alleged Victim of Double-Extortion Ransomware Attack
Another day, another breach. Although, this time, the victim is the Metropolitan Police Department in Washington D.C. and the breach was induced by double-extortion ransomware known as Babuk. The group behind the ransomware attack, the Babuk Ransomware Group, hosts a webpage of their leaks with their most recent addition being the DC Police. The original leak of information was … [Read more...]
Alleged Acer REvil Ransomware Infection Breaks Record with $50+ Million Demand
The REvil ransomware group has come to prominence recently by infecting networks around the world with ransomware and demanding large sums of money from their victims. The group commonly posts proof of their successful ransomware efforts on their blog, called Happy Blog, where one of their most recent victims, Acer, has appeared on the list. Acer has yet to confirm the … [Read more...]
Garmin Suffers Massive WastedLocker Ransomware Attack
Last Thursday, the GPS and smartwatch firm Garmin suffered what was allegedly a massive, system-wide ransomware attack, forcing them to take down all of their services ranging from their apps to their support call centers. While Garmin has been tight-lipped as to the cause of the outage, multiple publications have reported that the company was targeted by WastedLocker, a … [Read more...]
Why Ransomware is Paying Off for Attackers
Ransomware attacks have steadily escalated over the last year and a half. Newer attacks have focused on specific targets, demanded higher ransoms, and grown more advanced, targeted and difficult to spot. In early 2020, a new ransomware attack named Maze stole data from infected machines before locking them, giving the ransomware authors an additional revenue stream. … [Read more...]
