Multiple suspects believed to be linked to the Clop ransomware cartel have been detained in Ukraine this week after a joint operation from law enforcement agencies from Ukraine, South Korea, and the US.
The source code of the Paradise ransomware has been leaked on hacking forums over the weekend, Tom Malka, a threat intelligence analyst for security firm Security Joes, has told The Record today.
In light of the recent wave of high-profile ransomware attacks that have caused havoc in the US and Europe, the member states of the G7 group have called on Russia and other countries to crack down on ransomware gangs operating within their borders.
The criminal group behind the Avaddon ransomware has shut down its operation today and released decryption keys for past victims.
Over the course of the last few months, cybercrime groups have increasingly targeted SonicWall devices in order to breach corporate networks and deploy ransomware.
In a video press conference today, US officials said they recovered the vast majority of the $4.3 million that Colonial Pipeline paid to a ransomware gang last month after the hackers encrypted its IT network in a security incident that disrupted fuel supply for the entire US East Coast.
The US Department of Justice has arraigned in court today a Latvian woman who was part of the Trickbot malware crew, where she served as a programmer and wrote code for controlling the malware and deploying ransomware on infected computers.
Nucleus Software Exports, an Indian company that provides lending software to banks and retail stores, has suffered a major ransomware attack that crippled some of its internal networks and encrypted sensitive business information.
Live streams for radio and TV stations owned by the Cox Media Group, one of the largest media conglomerates in the US, have gone down earlier today in what multiple sources have described as a ransomware attack.