/PRNewswire/ Resilience, the next-generation cyber risk company on a mission to help make the world cyber resilient, is proud to announce Chief Claims.
Threat Actor Update: IRIDUIM Attributed to Prestige Ransomware Campaign A ransomware campaign targeting transportation and logistics organizations in Ukraine and Poland has been attributed to a group called IRIDIUM. The ransomware campaign used a previously unidentified ransomware payload called ‘Prestige’ which was observed deployed on October 11th, 2022. The objective of the campaign was to cause disruption not financial gain. IRIDUIM is a Russia-based actor that overlaps with Sandworm and has been consistently active in Ukraine with IRIDIUM being linked to activity in March 2022 (1). The Ukraine war continues to highlight the increased use of ransomware for non-financial means. Ransomware has been used for non-financial means before (2); however, many ransomware incidents have historically been financially driven. For example, the HermacticRansom malware used in Ukraine is suspected to be a smokescreen for destructive attacks (3). Hacktivist group FRwL has used ransomware during
Australia considers banning ransom payment There has long been a spirited debate about whether to pay a ransom. Some legitimately make the case that making these payments encourages and funds the ransomware industry. Others point out that not everyone gets their full data back. Others still emphasize that those companies that do pay are often
In recognition of Resilience's leadership, CEO Vishaal "V8" Hariprasad leads panel on combating global cyber crime initiatives in Geneva, and joining world leaders at the Annual Forum in Davos SAN