in light of the escalating frequency and complexity of ransomware attacks, are security leaders confident in their organization’s defenses? According to Group-IB’s Hi-Tech Crime Trends 2023/2024 Report, ransomware will have an increasingly significant impact in 2024 and beyond. Key trends driving this include the expansion of the Ransomware-as-a-Service (RaaS) market, the proliferation of stolen data on Dedicated Leak Sites (DLS), and a rise in affiliate programs.
Veteran cybercriminals appear to be reducing their dependence on ransomware-as-a-service platforms — a sign that law enforcement raids are having an impact. Experts say the market for digital extortion tools has plenty of room to adapt, though.
Uptycs threat research team discovered a new ransomware Linux binary attributed to the RTM group Locker, a known Ransomware-as-a-Service (RaaS) provider.
Ransomware attacks are becoming more frequent and costlier—breaches caused by ransomware grew 41 percent in the last year, the average cost of a destructive attack rising to $5.12 milllion. What’s more, a good chunk of the cyber criminals doing these attacks operate on a ransomware-as-a-service (RaaS) model.
New version of Exmatter, and Eamfo malware, used by attackers deploying the Rust-based ransomware.
Microsoft coined the term “human-operated ransomware” to clearly define a class of attack driven by expert humane intelligence at every step of the attack chain and culminate in intentional business disruption and extortion. In this blog, we explain the ransomware-as-a-service affiliate model and disambiguate between the attacker tools and the various threat actors at play during a security incident.
