Law enforcement officials are working around the clock to take down ransomware gangs by targeting their funding sources and online infrastructure. As part of these efforts, they have seized the RagnarLocker base, hoping this will disrupt one of the internet's most malicious ransomware groups. The collective law enforcement effort is made up of authorities from Europe, the US, and Japan.
The LockBit ransomware gang has threatened to release data stolen from CDW Corp, a major IT reseller and services provider in the US, UK, and Canada after discussions over the ransom fee for the data commenced. The notorious ransomware gang demanded $80 million, with CDW offering just $1.1 million as their ransom counteroffer.
There has been a surge of advertisements on the dark web this year, with over 700 adverts advertising Distributed Denial of Service (DDoS) attacks through the Internet of Things (IoT) devices having been identified. The cost of employing the sinister DDoS attack services ranges from $20 per day to $1 000 per month, depending on the amount of protection the target has.
A malicious malware attack targeting Asia's power grid has been reported. Called ShadowPad or PoisonPlug the malware allows for credential theft. Reports allege the malware to be the work of novel threat operation RedFly.
In today's roundup; Cyberattacks encrypt UK school data, Russian threat actors may face lengthy imprisonment, and 'Charming Kitten' hacks 34 company systems.
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