Tag financial sector ransomware

From The Hacker News – Medusa Ransomware Hits 40+ Victims in 2025, Demands $100K–$15M Ransom

From The Hacker News – Medusa Ransomware Hits 40+ Victims in 2025, Demands $100K–$15M Ransom

The threat actors behind the Medusa ransomware have claimed nearly 400 victims since it first emerged in January 2023, with the financially motivated attacks witnessing a 42% increase between 2023 and 2024.
In the first two months of 2025 alone, the group has claimed over 40 attacks, according to data from the Symantec Threat Hunter Team said in a report shared with The Hacker News. The

From The Hacker News – Top 3 Ransomware Threats Active in 2025

From The Hacker News – Top 3 Ransomware Threats Active in 2025

You arrive at the office, power up your system, and panic sets in. Every file is locked, and every system is frozen. A ransom demand flashes on your screen: "Pay $2 million in Bitcoin within 48 hours or lose everything."
And the worst part is that even after paying, there’s no guarantee you’ll get your data back. Many victims hand over the money, only to receive nothing in return, or worse, get