Davey Winder is a technology journalist who covers cybersecurity news and research. He’s covered everything from the true story behind the hacking of Donald Trump’s nude photos to a record-breaking ransomware payment of $75 million.
Update, Aug. 31, 2024: This story, originally published Aug. 30, includes new details of attack mitigation from the FBI regarding password best practice. Organizations have been warned that a new ransomware gang has been responsible for hundreds of successful cyberattacks since February 2024.
In an urgent joint advisory published August 29, the U.S. Federal Bureau of Investigation along with the, considers the RansomHub ransomware operations to be both efficient and successful, despite only establishing itself in February. Formerly known by names such as Cyclops and Knight, RansomHub appears to have hit the ground running thanks to attracting criminal talent from well-known ransomware groups such as “Whilst there are rumors that they might be linked,” said Raj Samani, chief scientist at Rapid7, “we have to acknowledge the fact that ALPHV ransomware is written in the Rust language, whereas RansomHub is written in GoLang.” However, Samani added, the rise of RansomHub “also coincided with law enforcement making decryption keys available to keep LockBit at bay. It again shows that once you deal with one criminal enterprise,The FBI said that RansomHub, which adopts the now-standard double-extortion methodology of encrypting and exfiltrating data, has successfully targeted at least 210 organizations. Victims of the cybercriminals cover industry sectors such as information technology, government services, healthcare, finance, transportation and even emergency services. The group is believed to be responsible for both theToday’s NYT Mini Crossword Clues And Answers For Saturday, August 31“The ransom note dropped during encryption does not generally include an initial ransom demand or payment instructions,” the advisory stated, but rather gives the victim a unique dark web address to contact the attackers. Victims generally have between three and 90 days to pay the ransom, the FBI said, before data is published to the RansomHub leak site accessible using the Tor web browser.All organizations should take the RansomHub attack threat very seriously, and the FBI advised taking the following three mitigating strategies immediately:While not making the headline list of the top three ransomware mitigations that the FBI warns should be carried out with immediate effect, the joint advisory has some password best practice recommendations to improve cybersecurity posture based on RansomHub’s known activity. These additional mitigations support theThere has been a lot of conflicting advice across the years regarding password hygiene for organizations, much of it coming from cybersecurity vendors with different agendas. The CISA CPG advice, however, is the most up-to-date and sensible advice and, as such, should be regarded as the gold standard.Store these passwords in a hashed format using a password manager, adding salts to shared credentials. A hash is a one-way data-to-value function while salting adds another value to alter the produced hash value.Do not require frequent password changes, especially those that are less than 12 months old, as doing so encourages the use of password patterns that weaken the credential.Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.Insults, profanity, incoherent, obscene or inflammatory language or threats of any kindContinuous attempts to re-post comments that have been previously moderated/rejectedAttempts or tactics that put the site security at riskProtect your community.
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