Tagged: ransomware

January 2, 2026 @ 4:33 pm By Omar Faridi  |  

In 2025, the blockchain industry navigated a turbulent landscape marked by sophisticated cyber threats, regulatory advancements, and substantial financial losses. SlowMist‘s annual report highlights a year of professionalized attacks and maturing anti-money laundering (AML) efforts, underscoring the need for adequate security measures amid technological advancements…. Read More

December 28, 2025 @ 1:10 pm By Omar Faridi  |  

Kaspersky released new findings on a sophisticated cyber espionage campaign by the Evasive Panda threat actor. The attackers have reportedly executed malware by injecting it into legitimate system processes and “maintained a stealthy presence in compromised systems.” The operation, reportedly being active from November 2022… Read More

December 4, 2025 @ 10:21 pm By Omar Faridi  |  

Ransomware is now said to be growing beyond more traditional hotspots and in emerging economies, including Latin America, the Middle East, Asia, other regions, according to CyberCube’s research. The report, titled “Applying Analytics and Threat Intelligence to Grow in a Soft Market”, states these trends… Read More

November 23, 2025 @ 11:55 am By Omar Faridi  |  

Kaspersky in collaboration with VDC Research have announced recently that during the first three quarters of this year, ransomware attacks on various manufacturing organizations could have generated more than $18 billion in losses. This figure is now said to reflect only the so-called “direct cost”… Read More

October 8, 2025 @ 1:51 am By Omar Faridi  |  

Nine new ransomware groups have been identified in a key update shared by TRM Labs. And all of them are said to be a part of one evolving ecosystem. In their latest blog post, the team at TRM Labs examines the operations behind these emerging… Read More

August 29, 2025 @ 3:22 pm By Omar Faridi  |  

In an increasingly digital environment, cyber threats are evolving at an alarming pace, targeting vulnerabilities across platforms and regions. Kaspersky, a global enabler of cybersecurity, has recently released reports highlighting a surge in exploits affecting Linux and Windows users, the resurgence of the Russian-speaking ransomware… Read More

August 15, 2025 @ 9:00 am By JD Alois  |  

Recently, the UK government announced plans to tackle rampant ransomware, proposing a solution that bans certain entities from paying the perpetrators. Ransomware costs the UK economy millions of pounds each year due to cyber extortionists. According to Chainalysis, the total value of payments made to… Read More

August 9, 2025 @ 10:07 am By Omar Faridi  |  

In the cybercrime, ransomware space, there remains a persistent and growing threat, with new groups emerging to exploit vulnerabilities and extort organizations worldwide. A report from TRM Labs provides a detailed analysis of the Embargo ransomware group, its sophisticated tactics, techniques, and procedures (TTPs), and… Read More

June 8, 2025 @ 4:33 pm By Omar Faridi  |  

In a case showcasing the power of blockchain intelligence in combating cybercrime, Chainalysis, a blockchain analytics firm, played a pivotal role in assisting the FBI to trace and freeze millions of dollars in cryptocurrency linked to a 2023 ransomware attack on Caesars Entertainment. The attack,… Read More

May 30, 2025 @ 8:24 am By Omar Faridi  |  

The majority of industrial organizations estimate their financial losses caused by cyberattacks at “over $1,000,000, while almost one in four report losses exceeding $5,000,000, and for some, it surpasses $10,000,000.” These findings were revealed in a joint study “conducted by Kaspersky and VDC Research.” A… Read More

April 28, 2025 @ 6:03 pm By Omar Faridi  |  

Kaspersky’s GReAT team has uncovered a new Lazarus campaign, combining a watering hole attack with the “exploitation of vulnerabilities in third-party software to target organizations in South Korea.” During the research, company experts have also “discovered a zero-day vulnerability in the widely used South Korean… Read More

February 25, 2025 @ 7:33 am By Omar Faridi  |  

Kaspersky Global Research & Analysis Team (GReAT) discovered hundreds of open source repositories with multistaged malware targeting gamers and crypto investors within a new campaign that was dubbed by Kaspersky as GitVenom. The infected projects include an automation instrument for “interacting with Instagram accounts, a… Read More

September 27, 2024 @ 9:34 am By Omar Faridi  |  

On September 26, 2024, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russia-based exchange Cryptex and Sergey Sergeevich Ivanov (a.k.a. UAPS a.k.a TALEON), who facilitated laundering “for fraud shops, ransomware payments, darknet markets, and other criminal actors.” Following these developments,… Read More

August 5, 2024 @ 8:31 am By Omar Faridi  |  

With a vast array of tools and samples at their disposal, organized ransomware cybercriminal groups often have proprietary ransomware samples, while standalone criminals frequently rely on leaked DIY variants to launch their attacks. Latest research by Kaspersky reveals the recent ransomware attacks “using the leaked… Read More

February 2, 2024 @ 2:31 pm By Omar Faridi  |  

Corvus Insurance, the cyber underwriter powered by a proprietary AI-driven cyber risk platform, today released its Q4 2023 Ransomware Report. Featuring data collected from ransomware leak sites, the report shows “that while Q4 attacks were down slightly from Q3 2023, ransomware activity for the year… Read More

January 12, 2024 @ 8:31 am By Omar Faridi  |  

Ransomware incidents reported to UK financial regulators doubled in 2023, according to an extensive update shared with CI. A Picus Security FOI analysis of cyber incidents reported “to the Financial Conduct Authority reveals an increase in ransomware incidents in the first half of 2023.” Picus… Read More

November 4, 2023 @ 2:10 pm By Omar Faridi  |  

On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national Ekaterina Zhdanova for using cryptocurrency “to launder money on behalf of Russian elites, ransomware groups, and other bad actors.” Chainalysis has examined the three Bitcoin… Read More

October 1, 2023 @ 9:51 pm By Omar Faridi  |  

Organizations in the United Kingdom reportedly suffered a record number of ransomware attacks last year, according to analysis of a dataset published by the Information Commissioner’s Office (ICO). In its data security incident trends – which “are reported to the data protection regulator – the… Read More

August 29, 2023 @ 11:49 pm By Omar Faridi  |  

In recent weeks, cybersecurity firms have issued “a dozen ransomware reports, most of which show a considerable increase in attacks,” according to an update shared with CI. As noted in an NCC Group’s July 2023 cyber threat intelligence report, the business saw over 500 attacks… Read More

July 13, 2023 @ 7:46 am By Omar Faridi  |  

2023 so far has been a year of “recovery” for cryptocurrency after a chaotic 2022, with prices of digital assets like Bitcoin up over 80% on the year as of June 30, the team at Chainalysis noted. And that’s not the only “good news” for… Read More