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LockBit gang demands a $70 million ransom to the semiconductor manufacturing giant TSMC

Security Affairs

The LockBit ransomware gang claims to have hacked Taiwan Semiconductor Manufacturing Company (TSMC). The LockBit ransomware group this week claimed to have hacked the Taiwan Semiconductor Manufacturing Company ( TSMC ) and $70 million ransom. ” reads the announcement published by Lockbit operators on their leak site.

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Global Optics Provider Hit with Ransomware Attack and a $10M Ransom

KnowBe4

Global optics manufacturer Hoya had business operations at its headquarters and several business divisions impacted and is now facing a “No Negotiation / No Discount Policy” $10 million ransom decision to make.

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CISA, NSA, FBI, and MS-ISAC Release Phishing Prevention Guidance

KnowBe4

October 18, 2023, the Cybersecurity Infrastructure and Security Agency (CISA), the National Security Agency (NSA), the Federal Bureau of Investigation (FBI), and the Multi-State Information Sharing and Analysis Center (MS-ISAC) released a joint guide, Phishing Guidance: Stopping the Attack Cycle at Phase One.

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Key Developments in IoT Security

Thales Cloud Protection & Licensing

Key Developments in IoT Security. The rush to market for consumers to enjoy the modern conveniences offered by these devices shocked the security community. Security experts were concerned that these devices were built with no security in mind. Has the security of these devices gotten better, or remained the same?

IoT 100
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Experts link Raspberry Robin Malware to Evil Corp cybercrime gang

Security Affairs

IBM Security X-Force researchers discovered similarities between a component used in the Raspberry Robin malware and a Dridex malware loader, which was part of the malicious operations of the cybercrime gang Evil Corp. IBM shared the following tips to prevent Raspberry Robin infections: Implement security awareness training.

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CyberheistNews Vol 13 #21 [Double Trouble] 78% of Ransomware Victims Face Multiple Extortions in Scary Trend

KnowBe4

CyberheistNews Vol 13 #21 | May 23rd, 2023 [Double Trouble] 78% of Ransomware Victims Face Multiple Extortions in Scary Trend New data sheds light on how likely your organization will succumb to a ransomware attack, whether you can recover your data, and what's inhibiting a proper security posture. This puts your network in jeopardy!

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Avoslocker ransomware gang targets US critical infrastructure

Security Affairs

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Focus on cyber security awareness and training.