Ransomware

A 28-year-old Ukranian man admitted to being the mastermind behind one of the most notorious pieces of malware on the internet.

Fidelity maintains that there’s no indication of a ransomware incident – and that no funds were stolen.

The ransomware ecosystem continues to fragment, with 31 new “name-and-shame” groups emerging in a year’s time.

Phishing attacks are become more prevalent as threat actors are arming themselves with potent new tools.

The “BabyLockerKZ” variant has been in use by an unnamed threat actor since late 2023.

Security pros says while Star Blizzard will most likely regroup, it does degrade their operations and gives defenders some time to deploy AI-powered tools.

While it not has been successful on its first wave of attacks, security pros warn that Stonefly intends to extort U.S. companies via ransomware.