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cyber extortion

Ransomware Double-Dip: Re-Victimization in Cyber Extortion

Between crossovers – Do threat actors play dirty or desperate? In our dataset of over 11,000 victim organizations that have experienced a Cyber Extortion / Ransomware attack, we noticed that some victims re-occur. Consequently, the question arises why we observe a re-victimization and whether or not this is an actual second attack, an affiliate crossover […]

LockBit Ransomware Hacker Ordered to Pay $860,000 After Guilty Plea in Canada

A 34-year-old Russian-Canadian national has been sentenced to nearly four years in jail in Canada for his participation in the LockBit global ransomware operation. Mikhail Vasiliev, an Ontario resident, was originally arrested in November 2022 and charged by the U.S. Department of Justice (DoJ) with “conspiring with others to intentionally damage protected computers and to […]

British LAPSUS$ Teen Members Sentenced for High-Profile Attacks

Two British teens part of the LAPSUS$ cyber crime and extortion gang have been sentenced for their roles in orchestrating a string of high-profile attacks against a number of companies. Arion Kurtaj, an 18-year-old from Oxford, has been sentenced to an indefinite hospital order due to his intent to get back to cybercrime “as soon […]