From The Hacker News – EncryptHub Deploys Ransomware and Stealer via Trojanized Apps, PPI Services, and Phishing

From The Hacker News – EncryptHub Deploys Ransomware and Stealer via Trojanized Apps, PPI Services, and Phishing

The financially motivated threat actor known as EncryptHub has been observed orchestrating sophisticated phishing campaigns to deploy information stealers and ransomware, while also working on a new product called EncryptRAT. "EncryptHub has been observed targeting users of popular applications, by distributing trojanized versions," Outpost24 KrakenLabs said in a new report shared with The
From The Hacker News – Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023

From The Hacker News – Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023

Ransomware attacks netted cybercrime groups a total of $813.5 million in 2024, a decline from $1.25 billion in 2023. The total amount extorted during the first half of 2024 stood at $459.8 million, blockchain intelligence firm Chainalysis said, adding payment activity slumped after July 2024 by about 3.94%. "The number of ransomware events increased into H2, but on-chain payments declined,