NetWalker and the rise of RaaS

Ransomware-as-a-service, or RaaS, is a business model in which developers sell ransomware to a network of affiliates who may lack the resources or experience to create their own malware. Profits are then split between the two groups. Although such services are typically accessed via the dark web, they operate similarly to legitimate software services, with …

Conti Ransomware gang hit with data leak

Conti, a well-known ransomware organization, declared support for Russia when it attacked Ukraine on February 25. It turned out to be a terrible idea: a vast collection of the gang’s secrets was disclosed just days later. The data includes information on hacking activities, the gang’s Bitcoin wallets, and speculation on the future of cryptocurrency as …

Ransomware attack on Toyota Motors, halts production across Japan

Toyota Motor Company suspended all factories in Japan on Tuesday, March 1,  after a critical supplier suffered ransomware that disrupted the automaker’s parts supply management system. The Japanese automobile giant had to suspend 28 production lines at 14 factories across Japan for 24 hours.1 In a statement on March 1, 2022, Toyota said: “We would like …