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“The ALPHV/BlackCat ransomware operation has taken extortion to a new level by filing a U.S. Securities and Exchange Commission complaint against one of their alleged victims for not complying with the four-day rule to disclose a cyberattack.”

“Most of the attacks were possible because the companies had not updated their firewalls, said SektorCERT. It said several companies opted out of the software update because there was a charge for installation. Some companies mistakenly assumed the relatively new Zyxel firewalls already featured the latest updates, and others wrongly believed the vendor was responsible […]

“It’s worth pointing out that organizations may say a cyberattack is not a ransomware attack if it does not involve file-encrypting malware. Several major ransomware operations now only steal valuable data from victims to convince them to pay a ransom.”