Ransomware-as-a-Service (RaaS) stories

ReliaQuest's Q2 2024 report reveals a 20% surge in ransomware attacks. With 1,237 organisations hit, new players like RansomHub rise amid the RaaS disruption.

The takedown of Qakbot offers a brief respite for cybersecurity teams but highlights the persistent, evolving threat landscape and the complexity of combating cybercrime.

Trend Micro excelled in the latest MITRE Engenuity ATT&CK Evaluations, achieving 100% visibility in threat detection and an 86% actionability rating.

A recent ransomware attack on Southern Water by Black Basta highlights the mounting threat to U.K. critical infrastructure, prompting urgent calls for robust cybersecurity measures.

Over a third of US critical infrastructure entities have illegally paid ransoms, facing grave legal and financial fallout, Bridewell study finds.

Kaspersky's 2023 report reveals ransomware now accounts for a third of all cyber incidents, with a 71% rise in known victims and sophisticated attacks on key sectors.

African nations are becoming testing grounds for sophisticated ransomware attacks, becoming primary targets before developed nations, according to cybersecurity firm Performanta.

Cybersecurity firm Kaspersky uncovers advanced methods used by ransomware group LockBit, highlighting the use of custom, easy-to-use tools for frequent, damaging cyber attacks.

Group-IB reveals a 39% surge in ransomware attacks across APAC, with the region named as a prime target for advanced cyber threats.

Ransomware gangs increase pressure on victims by implementing ruthless extortion techniques enabled by the proliferation of cryptocurrencies and AI.

Cybersecurity firm Darktrace reports a major shift in cybercrime, with increasing reliance on 'as-a-service' tools like Malware-as-a-Service and Ransomware-as-a-Service,.

Lockbit3 leads ransomware surge in the year's first half, while unconventional targets surface amid new attack patterns.

Cybercriminals are now looking to leverage new ransomware-as-a-service (RaaS) models for profit-sharing in exchange for ransomware tools.

Ransomware threats remain at peak levels with no evidence of slowing down globally with new variants enabled by Ransomware-as-a-Service (RaaS).

Ransomware is not a new phenomenon, but the scale of attacks has accelerated both in sophistication and frequency.

Geopolitical uncertainty, rapid Internet of Things (IoT) adoption, and accelerated digitalisation will continue to fuel cyberattacks in the years to come.

Paessler continues to grow in APAC with new hires Jim Lee, Business Development Manager, and Tommy Lok, Director of Technical Services.

The free tool helps victims encrypted by MegaCortex ransomware restore their files and recover following a successful attack.

Analysis from NCC Group’s Global Threat Intelligence team credits the increase to returning threat actor groups resurfacing and taking the lead in November.

New research predicts the convergence of advanced persistent threat methods with cybercrime, enabling a new wave of destructive attacks at scale.