Tag: Ransomware

Gangs Shift Ransomware Attack Tactics
Technology

Gangs Shift Ransomware Attack Tactics

[ad_1] Ransomware gangs increasingly use their own or stolen computer code, moving away from a leasing model that made their activities easier to monitor, new research shows. Ransomware gangs increasingly use their own or stolen computer code, moving away from a leasing model that made their activities easier to monitor, new research shows.Numerous prominent hacking groups in recent years have functioned by leasing their malicious software and computing infrastructure to other bad actors, in what's known as ransomware-as-a-service. That model, which experts say turbocharged the number of ransomware attacks, was offered by infamous groups such as Conti, which shuttered Irish health systems, and REvil, deemed responsible for a 2021 intrusion at the IT management firm Kaseya Ltd.  But no...
US Warns Ransomware Attacks Are Outpacing Ability to Stop Them
Technology

US Warns Ransomware Attacks Are Outpacing Ability to Stop Them

[ad_1] The pace and sophistication of ransomware attacks is increasing faster than the US’s ability keep up with efforts to disrupt and recover from them. The pace and sophistication of ransomware attacks is increasing faster than the US's ability keep up with efforts to disrupt and recover from them, a senior Biden administration official said Sunday. In the face of continued attacks against governments and the private sector, the US is hosting the International Counter Ransomware Summit that begins Monday. The summit brings together nearly three dozen countries to tackle the pernicious rise of one of the most challenging cybersecurity threats, which can paralyze hospitals and shut down major gas pipelines. Firms like CrowdStrike Holdings Inc., Mandiant Inc. and Microsoft Corp. ...