Ransomware continues to be a significant concern for individuals and organizations alike. One particular ransomware group, Babuk, made headlines in 2021 due to the leakage of its source code. This event has led to the emergence of new… Continue Reading
Ransomware has been one of the most glaring threats against organizations in recent years. Since 2021 SOCRadar has detected around 5,600 ransomware attacks. There was a rise from 2021 to 2022 in the number of attacks… Continue Reading
Fraud refers to transactions made using card information without the knowledge of cardholders in the card payment sector in cybersecurity or purchases made by using fake or stolen credit cards. Today, with the advantages of the rapid digitalization… Continue Reading
In time, the hacker underworld creates a similar model of Software-as-a-Service (SaaS). Malware as a service and SaaS have a similar duty with one main difference; MaaS is an unlawful version of SaaS. MaaS gives… Continue Reading
By SOCRadar Research Ransomware attacks have become a potential threat to all enterprises, regardless of industry or size. Ransomware can target any individual or business that processes sensitive data as long as the threat actors… Continue Reading
As we enter March 2023, the world continues to face a surge in cyberattacks that threaten individuals, businesses, and government agencies. The last month has already witnessed some of the most significant cyber incidents, including data… Continue Reading
[February 9, 2023] Update: Ransomware is updated to prevent recovery solutions. Added the subheading “New Version of ESXiArgs Ransomware Prevents Recovery.” The vulnerability, tracked as CVE-2021-21974, is caused by a stack overflow issue in the OpenSLP service that… Continue Reading
by SOCRadar Research Cyber-attacks are rising worldwide, and the financial industry is among the most targeted ones. Cyber threats and attacks have become one of the sources of systemic risk for the financial industry. The… Continue Reading
What is Account Takeover? Account takeover occurs when fraudsters use stolen credentials to gain unauthorized access to a valid account. ATO attacks are used by fraudsters to move payments, steal information, and take advantage of… Continue Reading
Today's world has many cyberattack targets, including large organizations, small businesses, and individuals. Any action, no matter how small, can put you in danger. Most of the cyber incidents from last month involved situations in… Continue Reading
A new phishing attempt with the codename Ducktail is in progress and targets LinkedIn users who work in the field to hijack Facebook business accounts that control the firm's advertising. It has been reported that… Continue Reading
BEC attack is a type of social engineering attack that takes place over email and the attacker aims for financial gain. Often, attackers aim to trick employees into sending money or valuable personal data (PII)… Continue Reading
Ransomware attacks marked 2021 and continue to make a splash in 2022. We've compiled some interesting information about this type of attack that has frightened financial institutions, government agencies, and even NGOs worldwide. We know how… Continue Reading
Attacks such as phishing, business e-mail compromise (BEC), and malware infection, which are among the fraud activities, increasingly pose a serious threat to organizations. The numbers in the "Phishing Activity Trends Reports" of the last quarter… Continue Reading
Along with Russia’s physical invasion of Ukraine on February 24th, 2022, Russia has targeted and attacked Ukraine in cyberspace. There has been a massive spike in cyberattacks parallel to physical aggression, affecting many Ukrainian organizations… Continue Reading
On January 14, 2022, the Russian Federal Security Service (FSB) arrested members of the REvilransomware gang at the request of US authorities. According to a statement from the FSB, a combined operation with the Russian… Continue Reading
Ransomware attacks have been increasing in recent years. In October, more than thirty countries came together at a summit on how to take action in this regard. This article has compiled different legal methods used… Continue Reading
Since the start of the Covid-19 Pandemic, how we do business has dramatically changed. The stocks of big online retailers like Amazon, Costco, Walmart are soaring to new heights. Firms with no online presence got… Continue Reading
Thirty-one countries and European Union's representatives involved in a two-day "ransomware summit" led by the US have released a joint statement pledging to make systems more resilient against the attack and outline measures taken to… Continue Reading
Babuk, also known internally as Babyk, initially "Vasa Locker," is a pretty new ransomware threat discovered at the beginning of 2021. The gang, defining itself as a non-malicious group created to reveal the security issues… Continue Reading
