Friday , July 12 2024

Ransomware

Hacktivists group target Philippines government ransomware attack

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SentinelOne researchers found that the Ikaruz Red Team is targeting the Philippines government using different ransomware builders like LockBit, Vice Society, Clop, and AlphV to carry out “small-scale” attacks. They are also sharing data leaks from various organizations in the Philippines. Ikaruz Red Team (IRT) has been targeting entities in …

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Australian gov.t warns of ‘large-scale ransomware data breach’

AUSTRALIAN HOME AFFAIRS MINISTER CLARE O'NEIL.

Australian police are investigating a big data breach in a healthcare company after a ransomware attack on Thursday. The website and hotline of MediSecure, a company based in Melbourne, were offline after a breach occurred. This was confirmed by a statement from the electronic prescription service provider. No group has …

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Kaspersky report
Bangladesh faces over 34,000 ransomware attacks

Ransomware

Antivirus manufacturer Kaspersky inform that it has detected over 34,000 ransomware attacks targeting various organizations in Bangladesh from January to December 2023 in a press release. Fedor Sinitsyn, Kaspersky’s lead malware analyst said, Several ransomware groups are still stealing data and encrypting it and demanding a ransom. This problem is …

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Damage Costs Predicted To Exceed $265 Billion By 2031
Ransomware expected to attack every 2 seconds by 2031

Ransomware

Ransomware damage costs are predicted to exceed $265 billion by 2031, and it is expected to be the fastest growing type of cybercrime, affecting a business, consumer, or device every 2 seconds by that year, according to Cybersecurity Ventures. A report from Cybersecurity Ventures predicted that ransomware damages would increase …

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