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Black Basta ransomware gang hit BT Group

Security Affairs

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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HackerOne awarded over $300 million bug hunters

Security Affairs

Crypto and blockchain organizations continue to offer the highest average overall payouts for vulnerabilities in their platforms, this year’s top reward was $100,050. . “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats.

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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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Researchers released a free decryptor for Black Basta ransomware

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.

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Have board directors any liability for a cyberattack against their company?

Security Affairs

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

Insurance 355
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Black Basta gang claims the hack of the UK water utility Southern Water

Security Affairs

A joint research by Elliptic and Corvus Insurance revealed that the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group.