Data Breach Leads to Extortion Attempts A recent cyberattack targeting users of Snowflake, a cloud-based data analytics company, has entered a critical phase. Hackers are demanding ransom payments ranging from $300,000 to a staggering $5 million from affected companies. This information comes from a security firm, Mandiant, which is assisting Snowflake in its investigation. Exploiting […]
The world of cybercrime continues to evolve, and a recent development involving the INC Ransomware operation highlights this ongoing trend. According to threat intelligence experts at KELA, a cybercriminal using the alias “salfetka” has allegedly posted an offer on Exploit and XSS hacking forums to sell the source code for both the Windows and Linux/ESXi […]
The global ransomware crisis is deepening, with incidents of ransomware and extortion soaring by 67% in 2023, as reported in NTT Security Holdings’ 2024 Global Threat Intelligence Report. After a relatively subdued 2022, the year 2023 witnessed a notable uptick in ransomware and extortion cases. Over 5,000 victims fell prey to ransomware attacks, a significant […]