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Threat spotlight: Phobos ransomware lives up to its name

Ransomware has struck dead on organizations since it became a mainstream tool in cybercriminals’ belts years ago. From massive WannaCry outbreaks in 2017 to industry-focused attacks by Ryuk in 2019, ransomware’s got its hooks in global businesses and shows no signs of stopping. That includes a malware family known as Phobos ransomware, named after the Greek god of fear. Phobos is … [Read more...]

Threat Spotlight: Sodinokibi ransomware attempts to fill GandCrab void

Sodinokibi, also known as Sodin and REvil, is hardly six months old, yet it has quickly become a topic of discussion among cybersecurity professionals because of its apparent connection with the infamous-but-now-defunct GandCrab ransomware. On May 31, the threat actors behind GandCrab formally announced their retirement, detailing their plan to cease selling and advertising GandCrab in a dark … [Read more...]