Wednesday, July 10, 2024

Latest Ransomware news trending on Google

Recent developments in the world of cybersecurity highlight significant incidents involving ransomware attacks across various sectors.

One notable event involves Avast, a prominent antivirus software provider, stepping forward to offer free decryption keys to victims of the DoNex ransomware. Collaborating with law enforcement agencies, Avast aims to provide more decryption tools to assist ransomware victims in the future. Previously known as Muse ransomware, DoNex has rebranded itself as LockBit 3.0 or DarkRace and has been targeting public and private entities in the United States, Netherlands, and Italy.

In another incident, Monroe County faced a severe ransomware attack by the Russian hacking group BlackSuit. This attack has led to the lockdown of computer networks belonging to local courts and government offices for over a week. BlackSuit gained notoriety earlier for crippling the automotive sales industry in the United States by encrypting operational files of CDK Group, resulting in substantial financial losses.

Meanwhile, Veeam Backup & Replication software has become a new target for ransomware attacks, specifically by the Estate ransomware. Cybersecurity firm GroupIB discovered that hackers are exploiting vulnerabilities in Veeam software, notably CVE-2023-27532, to infiltrate user networks.

Lastly, Eldorado ransomware has emerged targeting both Windows and Linux systems. This group, purportedly linked to the Russian-speaking cybercriminal group LockBit, utilizes the Golang operating system for its malicious activities.

These incidents underscore the escalating threat posed by ransomware attacks globally, prompting increased vigilance and proactive measures among organizations and cybersecurity experts.

Lastly, any business that unfortunately becomes a victim to a cyber attack must report the incident to the law enforcement and related agencies. As this information share allows the authorities issued a cyber alert to other firms and organizations that can bolster their defenses against such ransomware attacks.

The post Latest Ransomware news trending on Google appeared first on Cybersecurity Insiders.


July 10, 2024 at 08:29PM

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