Forbes August 31, 2024
Davey Winder

Update, Aug. 31, 2024: This story, originally published Aug. 30, includes new details of attack mitigation from the FBI regarding password best practice.

Organizations have been warned that a new ransomware gang has been responsible for hundreds of successful cyberattacks since February 2024. In an urgent joint advisory published August 29, the U.S. Federal Bureau of Investigation along with the Cybersecurity and Infrastructure Security Agency confirmed that organizations across almost every conceivable industry sector have been targeted by the RansomHub ransomware-as-a-service actors.

RansomHub Has Absorbed High-Profile Cybercriminals From Other Groups

The joint cybersecurity advisory, AA24-242A, considers the RansomHub ransomware operations to be both efficient and successful, despite only establishing itself in February. Formerly known by names such as Cyclops and...

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