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LockBit Ransomware Moves Quietly On The Network, Strikes Fast LockBit ransomware takes as little as five minutes to deploy the encryption routine on target systems once it lands on the victim network. Joining the ransomware-as-a-service (RaaS) business in September 2019, LockBit is atypical in that it’s driven by automated processes for quick spreading across the victim network,
Lightning Network Discloses “Concerning” Crypto Vulnerabilities The team behind Lightning Network has released extensive details on the vulnerabilities that were discovered in the cryptocurrency protocol and its software implementations. Attackers could have exploited these vulnerabilities to cause DoS and to disrupt crypto transactions by intercepting “smart contracts” made between two parties. Lightning Network is a payment protocol that runs on top
Montreal’s STM Public Transport System Hit By Ransomware Attack Montreal’s Société de transport de Montréal (STM) public transport system was hit with a RansomExx ransomware attack that has impacted services and online systems. On October 19th, STM suffered an outage that affected its IT systems, website, and customer support. While these outages did not affect the operation
TrickBot Malware Under Siege From All Sides, And It’s Working The Trickbot malware operation is on the brink of completely shutting down following efforts from an alliance of cybersecurity and hosting providers targeting the botnet’s command and control servers. Initial disruption actions seemed to leave the botnet unphased as its operators were able to rebuild