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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

The experts observed a massive spike in activity associated with this threat actor between May and June 2023. The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. and Brazil.

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Experts warn of a spike in May and June of 8Base ransomware attacks

Security Affairs

Researchers warn of a massive spike in May and June 2023 of the activity associated with the ransomware group named 8Base. The experts observed a massive spike in activity associated with this threat actor between May and June 2023. and Brazil. and Brazil. and Brazil.

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Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

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Utilities Digital Journey Insights (Part 4): Utilities’ pursuit of new business models accelerates

CGI

Bloomberg NEF data indicates that worldwide, wind and solar can generate a whopping 1TW of electricity, with the second terawatt (expected in 2023) to cost 46% less. partners with Google to use their data for solar generation and cost saving simulations, and with German battery manufacturer SOLARWATT for energy storage.

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Operation Phobos Aetor: Police dismantled 8Base ransomware gang

Security Affairs

Source Nation Thailand The gang compromised at least 17 Swiss companies using the Phobos ransomware between April 2023 and October 2024. The 8Base ransomware group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT.