‘Junk gun’ ransomware: Peashooters can still pack a punch

Credit to Author: Matt Wixey| Date: Wed, 17 Apr 2024 10:00:08 +0000

A Sophos X-Ops investigation finds that a wave of crude, cheap ransomware could spell trouble for small businesses and individuals – but also provide insights into threat actor career development and the wider threat landscape

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BlackCat Ransomware Group Implodes After Apparent $22M Payment by Change Healthcare

Credit to Author: BrianKrebs| Date: Wed, 06 Mar 2024 00:22:56 +0000

There are indications that U.S. healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. “ALPHV”) as the company struggles to bring services back online amid a cyberattack that has disrupted prescription drug services nationwide for weeks. However, the cybercriminal who claims to have given BlackCat access to Change’s network says the crime gang cheated them out of their share of the ransom, and that they still have the sensitive data that Change reportedly paid the group to destroy. Meanwhile, the affiliate’s disclosure appears to have prompted BlackCat to cease operations entirely. 

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