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New Ransomware Actor 8Base Rivals LockBit in Extortion

Data Breach Today

The group's top targets include business services, finance, manufacturing and IT industries.

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Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

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Experts warn of a spike in May and June of 8Base ransomware attacks

Security Affairs

The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. “8Base has an opportunistic pattern of compromise with recent victims spanning across varied industries.” and Brazil.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. The experts observed a massive spike in activity associated with this threat actor between May and June 2023. and Brazil.

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TinyNuke banking malware targets French organizations

Security Affairs

The TinyNuke malware is back and now was used in attacks aimed at French users working in manufacturing, technology, construction, and business services. The attackers used invoice-themed lures targeting entities in manufacturing, industry, technology, finance, and other verticals. . .”

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UNC2529, a new sophisticated cybercrime gang that targets U.S. orgs with 3 malware

Security Affairs

. “For example, UNC2529 used a unique username, masquerading as an account executive for a small California-based electronics manufacturing company, which Mandiant identified through a simple Internet search.” The identified wide-ranging targets, across geography and industry suggests a financial crime motive.”

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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry. Securities and Exchange Commission (SEC).