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Search Results for: ransomware

CL0P Ransomware Gang’s Exploitation of MOVEit Vulnerability: What It Means for Companies

June 12, 2023 By Kim Peretti, Alysa Austin and Lance Taubin

On June 7, 2023, the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) released a Joint Cybersecurity Advisory in connection with a recent zero-day (or previously undetected) vulnerability in Progress Software’s managed file transfer software (MOVEit Transfer), exploited by the CL0P ransomware group. CL0P publicly claimed responsibility for exploiting the […]

Filed Under: Cybercrime, Cybersecurity, Data Breach, Uncategorized

UK Information Commissioner’s Office Issues Warning on Ransomware Payments

July 13, 2022 By Paul Greaves

On July 8, 2022, the UK Information Commissioner’s Office (UK ICO) together with the UK National Cyber Security Centre (NCSC), published a joint letter asking the Law Society of England & Wales to remind its members that they should not advise clients to pay ransomware demands should they fall victim to a cyber-attack. The Law […]

Filed Under: Cybersecurity, Data Breach, Data Protection, Data Security, Enforcement, Privacy, Regulation Tagged With: cybersecurity, Data Breach Notification, ransomware, Regulatory Enforcement, UK data protection, UK GDPR

US, UK, and Australia Issue Joint Cybersecurity Advisory on Ransomware Threat to Critical Infrastructure

February 18, 2022 By Kim Peretti and Kristen Bartolotta

On February 9, 2022 the United States, United Kingdom, and Australia issued a joint Cybersecurity Advisory on the “Increased Globalized Threat of Ransomware” against critical infrastructure sectors (“Advisory”).  The Advisory lists trends in cyber-criminal activity from the last year and also provides mitigation strategies and recommendations to reduce the risk of compromise and the impact […]

Filed Under: Uncategorized

Russia Arrests Suspected Members of REvil Ransomware Gang

January 19, 2022 By Kellen Dwyer and Kim Peretti

Russia’s Federal Security Service (“FSB”) issued a press release on January 14, 2022 claiming that it dismantled the REvil ransomware gang by arresting 14 suspected members and seizing computer equipment, luxury vehicles, bitcoin, and fiat currency valued at over $1 million. REvil is a notorious cybercriminal organization that claimed responsibility for a ransomware attack last […]

Filed Under: Cybercrime, Enforcement, International, Russia Tagged With: Cross-border, enforcement, ransomware, Russia

Treasury FinCEN Releases Financial Trend Analysis of Ransomware Trends in 2021

October 19, 2021 By Kim Peretti and Kristen Bartolotta

By Kim Peretti, Brian Frey, and Kristen Bartolotta On October 15, 2021 the Financial Crimes Enforcement Network (FinCen) of the Treasury Department issued a financial trend analysis on ransomware relating to Bank Secrecy Act (BSA) reporting filed in the first half of this year. FinCEN examined ransomware-related Suspicious Activity Reports (SARs) filed between January 1 […]

Filed Under: Crypto, Cyber Risk, Cybercrime, Cybersecurity, Digital Crimes, Enforcement, Ransomware, Virtual Currency

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