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Did 4 Major Ransomware Groups Truly Form a Cartel?

Did 4 Major Ransomware Groups Truly Form a Cartel? An analysis of well-known extortion groups and their cryptocurrency transactions reveals the answer. A collection of ransomware groups that banded together to create a cartel rarely collaborate and don t share profits, suggesting that concerns over a sprawling cybercriminal organization are overblown, according to Analyst1. The four cybercriminal groups Twisted Spider, Viking Spider, Wizard Spider, and the Lockbit Gang announced at different times throughout summer 2020 that they would be working together but gave few other details. By November, when Twisted Spider also known as the Maze group closed down, it denied there had ever been a cartel.

Enterprises Remain Riddled With Overprivileged

Enterprises Remain Riddled With Overprivileged Users and Attackers Know It Attackers commonly focus on finding users with too much privileged access as their ticket to network compromise. What can companies do? Recent breaches have underscored the dangers of overprivileged user accounts and software processes, highlighting the need for companies to discover and mitigate the privileged accounts that could be used by attackers to further compromise important systems and applications.  Last month, the breach of an administrative account at video service provider Verkada left the firm s customers among them, Tesla and Cloudflare open to surveillance by online intruders. Verkada s cloud video service appears to have allowed super users unrestricted access to customer video streams and cameras, allowing a single breach to have massive impact. Similarly, through the compromise of the update process for SolarWind s Orion remote management software, attackers gained complete access

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