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A flaw in the encryption algorithm of Hive Ransomware allows retrieving encrypted files

Security Affairs

Researchers discovered a flaw in the encryption algorithm used by Hive ransomware that allowed them to decrypt data. Researchers discovered a flaw in the encryption algorithm used by Hive ransomware that allowed them to decrypt data without knowing the private key used by the gang to encrypt files.

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New Hive ransomware variant is written in Rust and use improved encryption method

Security Affairs

Hive ransomware operators have improved their file-encrypting module by migrating to Rust language and adopting a more sophisticated encryption method. According to a report published by blockchain analytics company Chainalysis, the Hive ransomware is one of the top 10 ransomware strains by revenue in 2021.

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FRANCE: CNIL publishes initial analysis on Blockchain and GDPR

DLA Piper Privacy Matters

The French Data Protection Supervisory Authority (the CNIL) has recently published its initial thoughts on this topic, providing some responses and practical recommendations on how the usage of a blockchain may be compatible with GDPR and more generally Data Protection Law, taking into account the “constraints” imposed by such technology. .

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4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management. Blockchain Information is an invaluable business asset. Blockchain technology ensures that it’s stored, accessed and shared quickly, accurately and transparently.

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Researchers released a free decryptor for Black Basta ransomware

Security Affairs

A team of researchers released a suite of tools that could help victims to decrypt data encrypted with by the Black Basta ransomware. Independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor.

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Black Basta gang claims the hack of the UK water utility Southern Water

Security Affairs

In early January, independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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Korean cybersecurity agency released a free decryptor for Hive ransomware

Security Affairs

The agency released an executable along with a user manual that provides step-by-step instructions to recover encrypted data for free. According to a report published by blockchain analytics company Chainalysis, the Hive ransomware is one of the top 10 ransomware strains by revenue in 2021.