In an escalating battle against global cybercrime, the US State Department has recently announced a bounty of $10 million. This reward is being offered for information leading to the arrest or conviction of a notorious Russian hacker, Mikhail Matveev. Matveev is accused of masterminding a significant ransomware attack on theContinue Reading
Ferrari S.p.A., the renowned Italian luxury sports car manufacturer headquartered in Maranello, has recently suffered a significant data breach. According to reports, a threat actor gained access to a limited number of systems in the company’s IT environment and demanded a ransom for access to specific client contact information. TheContinue Reading
In today’s digital age, securing the supply chain has become more critical than ever. Cyber attackers are constantly looking for ways to breach the supply chain and steal sensitive data, manipulate transactions, and cause disruptions. Therefore, businesses must take proactive measures to protect their supply chain. In this article, weContinue Reading
Ransomware attacks have become one of the most significant threats to individuals, businesses, and governments around the world. Cybercriminals use ransomware to encrypt victims’ files and demand payment in exchange for the decryption key. In recent years, the frequency and sophistication of these attacks have increased, resulting in significant financialContinue Reading
Ransomware attacks are a growing threat to organizations around the world, with cybercriminals using increasingly sophisticated tactics to infiltrate computer systems and hold valuable data hostage. In the aftermath of an attack, businesses and organizations are often left with a difficult decision: should they pay the ransom demanded by theContinue Reading
Cybersecurity is a top priority for businesses of all sizes in today’s digital age. With the ever-increasing number of cyber threats, it is becoming more important than ever to protect your business from potential attacks. One of the most significant threats facing businesses today is ransomware, a type of malwareContinue Reading
On February 13, 2023, the Technion – Israel Institute of Technology was breached by a new anti-Israel threat actor calling itself DarkBit. The DarkBit group is demanding 80 Bitcoin for decryption, but experts pointed out that the hacker crew appears to be politically motivated. The group is threatening to raiseContinue Reading
In may, we announced that The Department of State is offering a reward of up to $10M for information leading to the identification and/or location of any leaders of the Conti ransomware group. Additional $5M reward for any information conspiring Conti. On 25th of July, The Department of State increasedContinue Reading
Proofpoint announced that they have discovered a vulnerability in Office 365 that allow attacker to encrypt files stored on SharePoint and OneDrive. Proofpoint also has identified the attack chain as initial access, account takeover & discovery, collection & exfiltration, and monetization. “Once executed, the attack encrypts the files in theContinue Reading
Ransomware is a growing danger day by day and unfortunately, no permanent measures can be taken against these attacks. It seems like for now, the USA seems to apply the most correct non-technical method against Ransomware attacks. The Department of State is offering a reward of up to $10M forContinue Reading