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Conti ransomware was first discovered in December of 2019 and has become one of the most prominent ransomware platforms to date. The Conti Ransomware as a Service (RaaS) platform gained international attention in May of 2021 when it was used to shutdown Ireland’s Health Service Executive (HSE).  The group has shown no signs of slowing down with notable attacks reported in the United States, Australia, United Kingdom, Taiwan, and Indonesia in the past two and a half months.

The most recent attack

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

Every few months, enterprising cyber criminals are offering new services to enable cybercrimes, thefts and paid ransoms.  These new “services” make crime easier for lower skilled criminals and increase profits for all members of the ransomware supply chain. TM: General Mills

Cyber threat actors who want to take down bigger targets more easily and quickly, ransomware gangs are increasingly tapping initial access brokers, who sell ready access to high-value networks.  On average, such access is so

A report published today by blockchain investigations firm Chainalysis confirms that cybercrime groups engaging in ransomware attacks don't operate in their own bubbles but often switch ransomware suppliers (RaaS services) in a search for better profits. The report analyzed how Bitcoin funds were transferred from victims to criminal groups, and how the money was divided among different parties involved in the ransomware attack, and how it was eventually laundered.

In today’s world, the ransomwar

In a recent study by CrowdStrike regarding cyber threat activity show more intrusion attempts in the first six months of this year than in all of 2019.  The pandemic-related shift to remote work and the growing availability of Ransomware-as-a-Service (RaaS) were two major drivers.  Red Sky Alliance has reported on many of these ransomware groups and actors in detail in 2020.  These reports can be found at no charge at https://redskyalliance.org.

The security vendor's threat-hunting team blocked

Ransomware-as-a-Service (RaaS) is increasing around the world due to the ease of use, and the increasing success that attackers are having in their cyber-attacks. Recently, researchers have observed an increase in the use of a specific piece of malware known as Thanos ransomware.  This malware is unique in that it is the first to advertise the use of the RIPlace tactic.  This tactic allows attackers to evade detection by altering files without being detected by common Anti-Virus engines such as

Ransomware as a Service (RaaS) has a nice ring to its name, yet it spells big trouble for all businesses and government alike.  Targeted ransomware attacks are likely to increase in 2020 as RaaS continues to evolve into an even more profitable business model for cyber criminals.  This is one of the opinions expressed by numerous cyber security experts interviewed at RSA 2020.[1]  Dark web researchers are noticing a spike in demand for RaaS applications in hacker forums.  The ease of availability