20 Sep, 2024

Two Russians Convicted for Role in LockBit Attacks

Two Russian nationals have pleaded guilty to their participation in the notorious LockBit ransomware gang, the US Department of Justice (DoJ) has announced. Ruslan Magomedovich Astamirov, aged 34, and Mikhail Vasiliev, aged 34, pleaded guilty to a range of charges related to their involvement as affiliates to the ransomware-as-a-service (RaaS) group. Astamirov pleaded guilty to […]

4 mins read

CyberSecurity Alert: $5.2 Million Ransomware Demand Hits New High in 2024

In the first half of 2024, ransomware attacks continued to wreak havoc globally, with a startling average extortion demand exceeding $5.2 million (£4.1 million) per incident, as revealed by a comprehensive study from Comparitech. This unsettling statistic stems from an analysis of 56 documented ransom demands issued by cyber threat actors between January and June […]

3 mins read