Topic: double extortion

  • Qilin Ransomware Exposes 40+ Victims Monthly

    Qilin Ransomware Exposes 40+ Victims Monthly

    The Qilin ransomware group has intensified global attacks, listing over 40 new victims monthly and primarily targeting the manufacturing industry, along with professional services and wholesale trade. Qilin uses a double-extortion tactic, encrypting victims' data and stealing sensitive informatio...

    Read More »
  • Ransomware Profits Plummet as Victims Refuse to Pay

    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 to pay cybercriminals. Attackers are increasingly using "double extortion" tactics, with data theft involved in over 76% of incidents, though payment rates for such attac...

    Read More »
  • Ransomware Surge Intensifies the Battle for Cyber Defenders

    Ransomware Surge Intensifies the Battle for Cyber Defenders

    Ransomware attacks have surged dramatically, with a 20% increase in victims in the first half of the year, driven by the widespread Ransomware-as-a-Service model. The threat landscape is increasingly volatile, with 88 active groups and 35 new entities, making it difficult to track threats as atta...

    Read More »
  • Ransomware gang asked BBC reporter to hack media giant

    Ransomware gang asked BBC reporter to hack media giant

    A BBC cybersecurity journalist was targeted by the Medusa ransomware gang, which attempted to recruit him as an insider threat to gain network access in exchange for a share of a ransom payment. The Medusa gang is known for double-extortion tactics and has been linked to over 300 attacks on U.S. ...

    Read More »
  • 2025's Top Cyber Threats: Ransomware, Outages & AI Attacks

    2025's Top Cyber Threats: Ransomware, Outages & AI Attacks

    The 2025 digital threat landscape is dominated by sophisticated ransomware, third-party vendor disruptions, and AI-driven social engineering campaigns. AI is amplifying social engineering attacks, making them more convincing and accounting for over half of cyber claims and losses in early 2025. R...

    Read More »