Tag: Ransomware
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BlackByte Ransomware Returns: Introducing the New Technology (NT) Variant
Emerging around July 2021, BlackByte is a fully featured Ransomware-as-a-Service (RaaS) group that infiltrates organizations and demands hefty ransoms. They employ a strategy known as double extortion, stealing files from the targeted organization and publicly leaking them if the ransom goes unpaid. BlackByte is known for continuously updating and distributing homonymous malware in various versions.… Read more
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Babuk Ransomware-as-a-Service (RaaS) Gaining Popularity
In early 2021, the Babuk ransomware operation emerged, targeting businesses through double-extortion attacks. Multiple large enterprises were attacked, with one victim having to pay $85,000 after negotiations. However, the group faced a setback when their ransomware source code and various encryptors and decryptors were leaked on a Russian-speaking hacking forum in September 2021. Their activities… Read more
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Akira Ransomware: Targeted Attacks, Data Breaches, and Million-Dollar Ransoms
A new ransomware strain named Akira has emerged, causing significant disruption to corporate networks worldwide. It targets industries such as finance, real estate, and manufacturing. Akira has quickly gained notoriety since its launch in March 2023. Upon execution, Akira deletes Windows Shadow Volume Copies, making file restoration challenging. It selectively encrypts files using various extensions,… Read more
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San Bernardino County Pays Over $1M in Ransomware Attack
According to the San Bernardino Sun, San Bernardino County in California paid a ransom of $1.1 million to a hacker who had compromised the computer system of the county’s sheriff department. However, the county’s financial losses were partially mitigated by an insurance policy specifically designed to cover events of this nature, resulting in a payout… Read more