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US offers $10 million reward for info on Hive ransomware group leaders

Security Affairs

Government offers rewards of up to $10 million for information that could help locate, identify, or arrest members of the Hive ransomware group. Starting from the end of July 2022, the FBI infiltrated Hive’s computer networks. According to the announcement, the group targeted organizations in over 80 countries.

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French authorities arrested a Russian national for his role in the Hive ransomware operation

Security Affairs

The threat actors behind the Hive RaaS have extorted $100 million in ransom payments from over 1,300 companies worldwide as of November 2022, reported the U.S. According to a report published by blockchain analytics company Chainalysis, the Hive operation is one of the top 10 ransomware strains by revenue in 2021.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

billion in reported fraud in 2021 alone. PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. 52% of companies with more than $10 billion in revenue were hit with fraud. million in losses.

Analytics 111
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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

According to a recent study by IBM Security, the 2023 X-Force Threat Intelligence Index established the retail and wholesale industry as the fifth-most targeted industry in 2022, with cybercriminals increasingly looking to exploit the trove of data gathered from the billions of transactions sellers process online.

Retail 81
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FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked

Krebs on Security

10, 2022, the relatively new cybercrime forum Breached featured a bombshell new sales thread: The user database for InfraGard, including names and contact information for tens of thousands of InfraGard members. That InfraGard member, who is head of security at a major U.S. Department of Defense.

Sales 362
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Hive Ransomware Tor leak site apparently seized by law enforcement

Security Affairs

The Tor leak site used by Hive ransomware operators has been seized as part of an international operation conducted by law enforcement in 10 countries. The threat actors behind the Hive ransomware -as-a-service (RaaS) have extorted $100 million in ransom payments from over 1,300 companies worldwide as of November 2022, reported the U.S.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%). Companies with an annual revenue of US$250,000 to US$999,999 report feeling less prepared to deal with cyber risks in 2023 (76%) than they did in 2022 (70%). About Beazley.

Risk 189