article thumbnail

Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. Winter was the least active time (14.6%

article thumbnail

Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

The Black Basta ransomware gang infected over 300 victims accumulating ransom payments exceeding $100 million since early 2022. The Black Basta ransomware group has been active since April 2022, like other ransomware operations, it implements a double-extortion attack model. ” reads the Elliptic’s report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 161
article thumbnail

Automotive parts giant AutoZone disclosed data breach after MOVEit hack

Security Affairs

American retailer and distributor of automotive parts and accessories AutoZone discloses a data breach after a MOVEit attack. AutoZone is an American retailer and distributor of automotive parts and accessories. The company is one of the largest aftermarket automotive parts and accessories retailers in the United States.

article thumbnail

Hunton Publishes Retail Year in Review

Hunton Privacy

On January 18, 2018, Hunton & Williams LLP’s retail industry lawyers, composed of more than 100 lawyers across practices, released their annual Retail Year in Review publication.

Retail 42
article thumbnail

Security Affairs newsletter Round 453 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4

article thumbnail

VF Corp December data breach impacts 35 million customers

Security Affairs

In December 2023, VF Corp announced it was the victim of a ransomware attack and was forced to take some systems down to contain the threat. The incident interrupted retail store inventory replenishment and delayed order fulfillment. In 2015, the company controlled 55% of the U.S. million customers. ” concludes the Form 8-K.