CBS 60 minutes produced an interesting video about recent Cybersecurity attacks at this link.
Here are the 10 key takeaways from the report:
Ransomware attacks have been growing more costly and disruptive every year, paralyzing hospitals, pharmacies, tech companies, and major hotels and casinos.
Cybersecurity researchers fear ransomware attacks are about to get worse, with the emergence of a group of young criminal hackers from the U.S., U.K., and Canada called Scattered Spider.
Scattered Spider, a hacker group known for cyberattacks and ransomware activities has teamed up with Russia's most notorious ransomware gang, allowing them to share the profits from ransomware attacks.
Russian ransomware gangs are run like legitimate companies, with 24-hour service desks and HR to hire software developers.
There is high demand for people who specialize in developing malware and ransomware.
Ransomware attacks have disrupted critical infrastructure like the Colonial Pipeline and impacted pharmacies nationwide.
The U.S. State Department is offering a $15 million reward for information on Russia's BlackCat ransomware gang.
Ransomware gangs provide "easy-to-navigate online platforms" and "even human resources to hire software developers."
The profits from ransomware attacks are now being shared among the criminal networks, incentivizing further collaboration.
The integration of young, Western hackers with Russian ransomware gangs is a concerning trend that could lead to a worsening of the ransomware crisis.
Whitaker, B. (2024, April 14). Cybersecurity investigators worry ransomware attacks may worsen as young, Western hackers work with Russians—CBS News. https://www.cbsnews.com/news/cybersecurity-investigators-worry-ransomware-attacks-may-worsen-as-young-hackers-in-us-work-with-russians-60-minutes-transcript/
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