By MICHAEL RILE AND ALYZA SEBENIUS | Bloomberg | Published: May 12, 2021 When a new ransomware group popped up on the scene last year, the hackers did what s in vogue for digital extortion organizations these days: They issued a press release. The hackers had already made millions of dollars in profit working as affiliates for other groups when they decided to go out on their own, the announcement said. We created DarkSide because we didn t find the perfect product. Now we have it. That product essentially a set of hacking tools and related services was responsible for the shutdown last week of the biggest fuel pipeline in the U.S., raising gas prices on the Eastern Seaboard and turning DarkSide into a household name.
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Who precisely is behind the disruptive intrusion into Colonial Pipeline hasn’t been made officially known and digital attribution can be tricky, especially early on in an investigation. A former US official and two industry sources have told Reuters that the group DarkSide is among the suspects.
Holding tanks for Colonial Pipeline Company during Tropical Storm Harvey in Port Arthur, Texas in 2017.
Credit:AP
Cybersecurity experts who have tracked DarkSide said it appears to be composed of veteran cybercriminals who are focused on squeezing out as much money as they can from their targets.
“They’re very new but they’re very organised,” Lior Div, the chief executive of Boston-based security firm Cybereason, said on Sunday.
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The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis.
European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries
April 27, 2021 04:03 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
ResearchAndMarkets.com s offering.
The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis.