extortion

Fancy Bear imposters are on a hacking extortion spree

Enlarge Ransomware attacks that tear through corporate networks can bring massive organizations to their knees. But even as these hacks reach new popularity highs—and new ethical lows—among attackers, it’s not the only technique criminals are using to shake down corporate victims. A new wave of attacks relies instead on digital extortion—with a side of impersonation. …

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LockBit, the new ransomware for hire: a sad and cautionary tale

Enlarge Getty Images Ransomware has emerged as one of the top threats facing large organizations over the past few years, with researchers reporting a more than a fourfold increase in detections last year. A recent infection by a fairly new strain called LockBit explains why: after it ransacked one company’s poorly secured network in a …

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