Russia’s FSB ‘shuts down’ notorious REvil ransomware gang

The Russian Federal Security Service (FSB) announced on Friday that it has raided and shut down the operations of the notorious REvil ransomware gang. The unprecedented move — which will undoubtedly send a message to other ransomware groups operating out of the country — saw the Russian authorities conduct raids at 25 addresses across the […]

The year the tide turned on ransomware

This year was rife with ransomware. 2021 witnessed the attack on IT software company Kaseya that knocked 1,500 organizations offline, the CD Projekt Red hack that saw threat actors make off with source code for games including Cyberpunk 2077 and The Witcher 3, and several high-profile attacks targeting big-name tech companies, from Olympus to Fujitsu and […]

US charges Kaseya hacker and seizes $6M from REvil ransomware gang

The U.S. Department of Justice (DOJ) has charged a 22-year-old Ukrainian citizen linked to the REvil ransomware gang for orchestrating the July ransomware attack against U.S. technology firm Kaseya. It has also seized more than $6 million in ransom tied to another member of the notorious ransomware group. During a news conference on Monday, U.S. […]

Technology giant Olympus hit by BlackMatter ransomware

Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized response team including forensics experts, and we are currently working with the highest priority to resolve this issue. As part […]