In the wake of Telegram owner and founder Pavel Durov’s shock arrest in Paris on Saturday, the French state is being hit by a growing wave of cyber-attacks designed to cause maximum embarrassment to beleaguered French president Emmanuel Macron. Durov was released from police custody in France on Wednesday and has been transferred to court for questioning ahead of a possible indictment that could result in a long prison sentence. A post on X by SaxX, reportedly the nom de Twitter of cybersecurity consultant Clément Domingo, listed 10 websites in France that bore the brunt of the first wave of cyber-attacks orchestrated by a new online hacktivist group, #opDurov.
Despite recent talk of a tech slowdown that reaches cyber, Allied Market Research reported that the market is poised to grow to $478.68B by 2030, with a 9.5% annual growth rate. The data predicting the cybersecurity market's growth was taken from Allied Market Research's “Cyber Security Market by Component, Solution, Deployment Model, Enterprise Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030”.
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.
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