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"Junk gun" ransomware: the cheap new threat to small businesses

Image What's going on? A wave of cheap, crude, amateurish ransomware has been spotted on the dark web - and although it may not make as many headlines as LockBit, Rhysida, and BlackSuit, it still presents a serious threat to organizations. What's "junk gun" ransomware? It's a name coined by Sophos researchers for unsophisticated...
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37 Arrested as Police Smash LabHost International Fraud Network

Image Police have successfully infiltrated and disrupted the fraud platform "LabHost", used by more than 2,000 criminals to defraud victims worldwide. A major international operation, led by the UK's Metropolitan Police, has seized control of LabHost, which has been helping cybercriminals create phishing websites since 2021 to steal...
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DragonForce Ransomware - What You Need To Know

What's going on? A relatively new strain of ransomware called DragonForce has making the headlines after a series of high-profile attacks. Like many other ransomware groups, DragonForce attempts to extort money from its victims in two ways - locking companies out of their computers and data through encryption, and exfiltrating data from compromised systems with the threat of...
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Notorious Nemesis Market Seized by German Police

Image Nemesis Market, a notorious corner of the darknet beloved by cybercriminals and drug dealers, has been suddenly shut down after German police seized control of its systems. Germany's Federal Criminal Police (known as the BKA) has announced that it has seized the infrastructure of Nemesis and taken down its website. At the same...
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Fraudsters Are Posing As The FTC To Scam Consumers

Image The United States Federal Trade Commission (FTC) has warned the public to be cautious if contacted by people claiming to be... FTC staff. In a warning published on its website, the FTC said that scammers were using its employees' real names to steal money from consumers. A typical ruse will see the bogus FTC staffer advising...
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LockBit affiliate jailed for almost four years after guilty plea

Image An affiliate of the LockBit ransomware gang has been sentenced to almost four years in jail after earlier pleading guilty to charges of cyber extortion and weapons charges. 34-year-old Mikhail Vasiliev, who has dual Russian and Canadian nationality, was arrested in 2022 as part of a multinational law enforcement investigation...
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Making Sense of Financial Services Cybersecurity Regulations

Image The financial services sector faces unprecedented cybersecurity challenges in today's digital age. With the industry being a prime target for cybercriminals, understanding and adhering to cybersecurity regulations has never been more crucial. This article delves into the labyrinth of cybersecurity regulations affecting financial...
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Bring us the head of LockBit! $15 million bounty offered for information on leaders of notorious ransomware gang

Image A huge reward is being offered for information leading to the identification or location of any of the leaders of the LockBit ransomware gang. The bounty offer comes from the US State Department, following this week's disruption of the criminal organisation's activities. LockBit, which has been operating since 2020, has...
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Data Brokering: A Thousand Things About Yourself

Image A recent report from Duke University's Sanford School of Public Policy has shed light on a concerning issue - data brokers are selling vast amounts of highly sensitive information about American military service members. This includes private data about active-duty personnel, veterans, and their families, encompassing sensitive...
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Rhysida ransomware cracked! Free decryption tool released

Image Good news for organisations who have fallen victim to the notorious Rhysida ransomware. A group of South Korean security researchers have uncovered a vulnerability in the infamous ransomware. This vulnerability provides a way for encrypted files to be unscrambled. Researchers from Kookmin University describe how they exploited...
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NCSC Warns That AI is Already Being Used by Ransomware Gangs

Image In a newly published report, the UK's National Cyber Security Centre (NCSC) has warned that malicious attackers are already taking advantage of artificial intelligence and that the volume and impact of threats - including ransomware - will increase in the next two years. The NCSC, which is part of GCHQ - the UK's intelligence...
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Critical flaw found in WordPress plugin used on over 300,000 websites

Image A WordPress plugin used on over 300,000 websites has been found to contain vulnerabilities that could allow hackers to seize control. Security researchers Ulyses Saicha and Sean Murphy found two critical flaws in the POST SMTP Mailer plugin. The first flaw made it possible for attackers to reset the plugin's authentication API...
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Cryptocurrency wallet CEO loses $125,000 in wallet-draining scam

Image Anyone can get scammed. If you think you're somehow immune to being scammed, then, in my opinion, you're a prime target for being scammed. No one is too big, too clever, too security-savvy to avoid being duped because it's only human to make a mistake and screw up. And that certainly seems to be the case with Bill Lou. Bill...
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Google Forms Used in Call-Back Phishing Scam

Image What's happened? Researchers at Abnormal have discovered the latest evolution in call-back phishing campaigns. Call-back phishing? Traditional phishing emails might contain a malicious link or attachment, and lure recipients into clicking on them via social engineering techniques. Call-back phishing dupes unsuspecting...