Tag: dragonforce
DragonForce Ransomware Hits Saudi Firm, 6TB of Data Leaked – February 27th
A Riyadh-based real estate and construction company has fallen victim to a ransomware attack by DragonForce, resulting in the theft of 6TB of sensitive data. The attackers initially set a February 27 ransom deadline, one day before the start of Ramadan, but upon non-compliance, published the stolen data on a dedicated leak site (DLS). DragonForce operates as a Ransomware-as-a-Service (RaaS) group, equipping cybercriminals with attack tools in exchange for a share of ransom payments. Their leak platform also employs advanced CAPTCHA mechanisms to evade security firms.
New ransomware threat emerges in 2025
A new and unusually dangerous and sophisticated gang of cybercriminals, named BlackLock, has emerged as a major ransomware threat in 2025. Cybersecurity company Reliaquest observed a staggering 1,425 percent increase in the gang’s activities in the last quarter of 2024. Its ransomware is built to target Windows, VMWare ESXi, and Linux environments and is designed as a double-extortion attack, which involves not only locking the target organization’s critical data by encrypting it, but also by identifying sensitive information and threatening to expose it. “BlackLock’s rise has been both swift and strategic, targeting organizations across a wide range of sectors and geographies,” reports Reliaquest.
H2 2023 Dominated by AI Malicious Activity and Android Spyware Threats – December 28th
According to an ESET report, the threat landscape of the second half of 2023 was dominated by AI-generated malicious activity and newly emerged Android spyware. Coming from ESET's "Threat Report: H2 2023," based on the firm's recorded incidents, the report also states that a new economy has arisen from OpenAI API keys, especially for cybercriminals.