X-Industry

Considering the sensitive information it holds, it is no wonder that the financial services industry continues to be one of the most targeted critical infrastructure sectors by current cyber-criminals.  Recent societal and technological changes during 2021 have made matters worse.

The ongoing COVID-19 pandemic has created a ripe target field for cyberthreats as industries and individuals alike became vulnerable as they wrestled with remote working practices, mass digital disruption, and widening

Ransomware is now a primary threat for businesses, and with the past year or so considered the "golden era" for operators, cybersecurity experts believe this criminal enterprise will reach new heights in the future.  These are only a handful of 2021's high-profile victims of threat groups including DarkSide, REvil, and BlackMatter.  According to Kela's analysis of dark web forum activity, the "perfect" prospective ransomware victim in the US will have a minimum annual revenue of $100 million and

An Illinois man was found guilty on 16 September 2021 by a US federal court jury for running websites that allowed paying users to launch powerful distributed denial of service, or DDoS, attacks that flood targeted computers with information and prevent them from being able to access the Internet.

A 32 man from St. Charles, Illinois, was found guilty of three felonies: one count of conspiracy to commit unauthorized impairment of a protected computer, one count of conspiracy to commit wire fraud,

At a time when ever escalating ransomware campaigns are making international headlines, it is interesting to see cyber adversaries demanding ransom before launching an attack.  The bad actors are now using marketing techniques to better message their crimes.  Researchers at ProofPoint explain a new and improved DDoS attack demonstrates how bad actors are consistently seeking more means of achieving their goals.  "DDoS attacks have become increasingly easier to launch and have a potentially subst

Cybercriminals had a busy year in 2020, with rapidly increasing numbers of distributed denial of service (DDoS) weapons, widespread botnet activity, and some of the largest DDoS attacks ever recorded. As COVID-19 drove an urgent shift online for everything from education and healthcare, to consumer shopping, to office work, hackers had more targets available than ever -- many of them under protected due to the difficulty of maintaining security best practices in an emergency scenario.

At the sam

Distributed denial-of-service attacks target websites and online services. The aim is to overwhelm them with more traffic than the server or network can accommodate. The goal is to render the website or service inoperable.  The traffic can consist of incoming messages, requests for connections, or fake packets. In some cases, the targeted victims are threatened with a DDoS attack or attacked at a low level.

DDoS attacks have not been in the spotlight this year, due the onslaught of high dollar a

Previously, Red Sky Alliance reported on Fancy Bear imposters demanding Bitcoin ransom from a Florida election information website.  These actors send various ransom/scam demands using coronavirus-themed domains covidpapers[.]org and coronaxy[.]com.  In some cases, they threaten with exposure of allegedly hacked personal files, in other cases, with DDoS attack.  They often claim to be Russian government hackers, pretending to be Fancy Bear, Cozy Bear, or Venomous Bear.   Their ransom emails typi

They say, “Common Sense is Instinct; Enough of it - Genius.”  Let us prove a path toward cyber brilliance.  Cybersecurity hygiene has never been as important as it is today.  At home workers are now doing business remotely, putting in more hours and dealing with new situations they have never experienced.  For many, this change is both stressful and distracting.  These changes have upended the traditional workday and, in many cases, our concentration, which introduces risk.  Even the most securi

Red Sky Alliance analysts detected Fancy Bear impersonators targeting a US county election information website. Their DDoS ransom note claims they will take the site down one day before the election if not paid in Bitcoin. This year we see an uptick of similar impersonation emails claiming to be from Fancy Bear, Lazarus Group, or Armada Collective hackers.

Details: Florida Vote Case

Election support infrastructure being vulnerable to ransomware attacks is widely discussed.  But sites going dow