double extortion

Business

New “Vect” RaaS Variant Poses Critical Threat, Researchers Warn

A new, highly sophisticated ransomware-as-a-service operation named **Vect** is rapidly emerging, posing a critical threat by targeting organizations and actively…

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Business

Kraken Ransomware Scans Systems for Fastest Encryption

Kraken ransomware uniquely tests a machine's performance to choose the most efficient encryption method, allowing it to encrypt data quickly…

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Business

Ransomware Profits Plummet as Victims Refuse to Pay

Ransomware payment rates have hit a record low of 23%, driven by improved corporate defenses and pressure from authorities not…

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Business

The Economics Fueling Global Ransomware

Ransomware has evolved into a sophisticated criminal business model, projected to cause $10.5 trillion in global economic losses by 2025,…

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Artificial Intelligence

Embargo Ransomware Gang Rakes in $34.2M from Cyberattacks

The Embargo ransomware group has stolen over $34 million since launching, using sophisticated financial maneuvers to obscure funds and evade…

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Cybersecurity

BlackSuit Ransomware’s Dark Web Sites Shut Down by Authorities

Authorities dismantled the BlackSuit ransomware group's dark web infrastructure in a global operation, with a seizure notice displayed on their…

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Cybersecurity

Chaos Ransomware Strikes: New Wave of Cyberattacks

The ransomware group Chaos employs aggressive double extortion tactics and psychological pressure, offering rewards for compliance while escalating threats like…

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Cybersecurity

US Warns of Widespread Interlock Cyberattacks

The US government warns of escalating cyber threats from the Interlock ransomware group, which targets businesses and critical infrastructure with…

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Cybersecurity

FBI & CISA Alert: Rising Threat of Interlock Ransomware Attacks

The FBI and CISA warn of escalating Interlock ransomware attacks using double extortion, targeting critical infrastructure and businesses, with defensive…

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