Latest Ransom news

FBI: Hive ransomware extorted $100M from over 1,300 victims

The Federal Bureau of Investigation (FBI) said today that the notorious Hive ransomware gang has successfully extorted roughly $100 million from over a thousand companies since June 2021.
- Sergiu Gatlan
- November 17, 2022
- 02:46 PM
- 0
Pendragon car dealer refuses $60 million LockBit ransomware demand

Pendragon Group, with more than 200 car dealerships in the U.K., was breached in a cyberattack from the LockBit ransomware gang, who allegedly demanded $60 million to decrypt files and not leak them.
- Bill Toulas
- October 24, 2022
- 10:51 AM
- 6
Damart clothing store hit by Hive ransomware, $2 million demanded

Damart, a French clothing company with over 130 stores across the world, is being extorted for $2 million after a cyberattack from the Hive ransomware gang.
- Bill Toulas
- September 02, 2022
- 12:25 PM
- 0
EU missile maker MBDA confirms data theft extortion, denies breach

MBDA, one of the largest missile developers and manufacturers in Europe, has responded to rumors about a cyberattack on its infrastructure saying that claims of a breach of its systems are false.
- Bill Toulas
- August 02, 2022
- 08:43 AM
- 0
Ransom payments fall as fewer victims choose to pay hackers

Ransomware statistics from the second quarter of the year show that the ransoms paid to extortionists have dropped in value, a trend that continues since the last quarter of 2021.
- Bill Toulas
- July 28, 2022
- 05:35 PM
- 3
Maastricht University wound up earning money from its ransom payment

Maastricht University (UM), a Dutch university with more than 22,000 students, said last week that it has recovered the ransom paid after a ransomware attack that hit its network in December 2019.
- Sergiu Gatlan
- July 10, 2022
- 10:03 AM
- 0
Hundreds of Elasticsearch databases targeted in ransom attacks

A campaign targeting poorly secured Elasticsearch databases has deleted their contents and dropped ransom notes on 450 instances, demanding a payment of $620 to give them back their indexes, totaling a demand of $279,000.
- Bill Toulas
- June 01, 2022
- 03:13 PM
- 0
Ransom payment is roughly 15% of the total cost of ransomware attacks

Researchers analyzing the collateral consequences of a ransomware attack include costs that are roughly seven times higher than the ransom demanded by the threat actors.
- Bill Toulas
- April 28, 2022
- 06:00 AM
- 0
Hackers claim to breach TransUnion South Africa with 'Password' password

TransUnion South Africa has disclosed that hackers breached one of their servers using stolen credentials and demanded a extortion demand not to release stolen data.
- Bill Toulas
- March 18, 2022
- 11:32 AM
- 1
Ransomware extortion doesn't stop after paying the ransom

A global survey that looked into the experience of ransomware victims highlights the lack of trustworthiness of ransomware actors, as in most cases of paying the ransom, the extortion simply continues.
- Bill Toulas
- February 23, 2022
- 02:43 PM
- 1
Law enforcement action push ransomware gangs to surgical attacks

The numerous law enforcement operations leading to the arrests and takedown of ransomware operations in 2021 have forced threat actors to narrow their targeting scope and maximize the efficiency of their operations.
- Bill Toulas
- February 06, 2022
- 10:17 AM
- 1
A look at the new Sugar ransomware demanding low ransoms

A new Sugar Ransomware operation actively targets individual computers, rather than corporate networks, with low ransom demands.
- Lawrence Abrams
- February 04, 2022
- 01:16 PM
- 2
Former Ubiquiti dev charged for trying to extort his employer

Nickolas Sharp, a former employee of networking device maker Ubiquiti, was arrested and charged today with data theft and attempting to extort his employer while posing as a whistleblower and an anonymous hacker.
- Sergiu Gatlan
- December 01, 2021
- 06:03 PM
- 0
FBI seized $2.3M from affiliate of REvil, Gandcrab ransomware gangs

The FBI seized $2.2 million in August from a well-known REvil and GandCrab ransomware affiliate, according to court documents seen by BleepingComputer.
- Lawrence Abrams
- November 30, 2021
- 04:46 PM
- 0
The Week in Ransomware - November 12th 2021 - Targeting REvil

This week, law enforcement struck a massive blow against the REvil ransomware operation, with multiple arrests announced and the seizure of cryptocurrency.
- Lawrence Abrams
- November 12, 2021
- 04:07 PM
- 0
New bill sets ransomware attack response rules for US financial orgs

New legislation introduced this week by US lawmakers aims to set ransomware attack response "rules of road" for US financial institutions.
- Sergiu Gatlan
- November 11, 2021
- 08:54 AM
- 0
The Week in Ransomware - October 15th 2021 - Disrupting ransoms

This week, senior officials from over thirty countries held virtual conferences on disrupting ransomware operations and attacks.
- Lawrence Abrams
- October 15, 2021
- 04:35 PM
- 0
US farmer cooperative hit by $5.9M BlackMatter ransomware attack

U.S. farmers cooperative NEW Cooperative has suffered a BlackMatter ransomware attack demanding $5.9 million not to leak stolen data and provide a decryptor.
- Lawrence Abrams
- September 20, 2021
- 02:07 PM
- 1
U.S. to sanction crypto exchanges, wallets used by ransomware

The Biden administration is expected to issue sanctions against crypto exchanges, wallets, and traders used by ransomware gangs to convert ransom payments into fiat money.
- Lawrence Abrams
- September 17, 2021
- 05:49 PM
- 0
REvil ransomware is back in full attack mode and leaking data

The REvil ransomware gang has fully returned and is once again attacking new victims and publishing stolen files on a data leak site.
- Lawrence Abrams
- September 11, 2021
- 01:15 PM
- 1