Skip to main content
News

Cyber News Rundown: LockBit ransomware demands $60 million in latest attack

Cyber News Rundown: LockBit ransomware demands $60 million in latest attack
Forum|alt.badge.img+7
  • Threat Research Analyst
  • 4 replies

UK car dealer Pendragon Group faces a hefty $60 million ransom following an attack from the LockBit group. An investigation after the attack found that only 5% of the impacted database was leaked. In other cybersecurity news, Microsoft warned the education sector to brace for continued cyberattacks.

Indian power company has data leaked after ransomware attack

Following a Hive ransomware attack earlier this month, the Indian power company Tata Power has confirmed that the data stolen during the attack has been posted to a leak site. It is believed that the attack began on October 3rd, but Tata Power staff didn’t report any unusual activity for 11 more days, though it may impact a significant amount of sensitive employee data. The Hive ransomware group have been extremely active since their origination in Mid-2021, and their affiliates are known to attack upwards of three different companies every day.

Ticketing agent suffers multi-year data breach

Officials for the international ticket provider, See Tickets, have revealed that their internal systems were compromised at the beginning of 2021 but the investigation into the breach took nearly 2 years to determine that customer information had been leaked. The breach impacted all payment card information for users who purchased tickets on the site from June of 2019 to January of 2022, though the actual actor behind the attack has still not been verified.

Researchers track prevalent PoS malware campaigns

Recently, researchers have been monitoring the progress of two Point-of-Sale (PoS) malware campaigns that have been in use for many years but are seeing a rise in activity from both MajikPOS and Treasure Hunter. While the source code for both campaigns has been available for many years, the actors behind them remain a mystery, and with over 167,000 compromised payment cards between them, these campaigns have an estimated value of $3.34 million.

LockBit demands $60 million ransom from Pendragon Group

After a cyberattack by the LockBit ransomware group, which left the internal systems of UK car dealer Pendragon Group encrypted, the company has refused to pay the demanded $60 million ransom. In the month of investigation since the attack occurred, it has been revealed that only 5% of the impacted database was leaked and has not affected the daily operations of the 200+ dealerships that Pendragon owns.

Microsoft warns of continued attacks on education

A recent report by security researchers at Microsoft has put an emphasis on the continued cyberattacks that are being waged against educational sectors across the globe by the Vice Society ransomware group. The group alternates between a variety of different ransomware payloads and has been known to simply exfiltrate data from a victim system without encryption, for financial extortion purposes. Cyberattacks that target educational institutions have been steadily increasing over the past few years, as they tend to rely on outdated hardware to run legacy software, and often are not able to install patches against new malware campaigns and attack vectors.

Did this help you find an answer to your question?

21 replies

Jasper_The_Rasper
Moderator
Forum|alt.badge.img+54

Thank you Connor.


russell.harris
Popular Voice
Forum|alt.badge.img+5

Thanks for the summary


MajorHavoc
Bronze VIP
Forum|alt.badge.img+25
  • Bronze VIP
  • 1278 replies
  • October 28, 2022

Always great to read these updates and summaries. Thanks for the post. 


Jamesharris85
New Voice
Forum|alt.badge.img+4

Another great summary and bite sized to share with the team, thank you Connor.


tasystems
New Voice
Forum|alt.badge.img+8
  • New Voice
  • 156 replies
  • October 29, 2022

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!


russell.harris
Popular Voice
Forum|alt.badge.img+5
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

“Fluff features”. Love that!


MajorHavoc
Bronze VIP
Forum|alt.badge.img+25
  • Bronze VIP
  • 1278 replies
  • October 29, 2022
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

What is a fluff feature? Like changing colors or silly desktop themes?  Never heard it called that, but perhaps you make a good point. I would gladly give up the nonfunctional changes for a solid, secure system. 


Martin.1
Popular Voice
Forum|alt.badge.img+4
  • Popular Voice
  • 424 replies
  • October 30, 2022
MajorHavoc wrote:
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

What is a fluff feature? Like changing colors or silly desktop themes?  Never heard it called that, but perhaps you make a good point. I would gladly give up the nonfunctional changes for a solid, secure system. 

Security should be the nr1 priority of the day. If I have to try summarize “fluff” features, is the fancy bells and whistles they bring in and have in which are not secure. 


Martin.1
Popular Voice
Forum|alt.badge.img+4
  • Popular Voice
  • 424 replies
  • October 30, 2022

@ConnorM  thank you Sir. 


tmcmullen
Popular Voice
Forum|alt.badge.img+6
  • Popular Voice
  • 177 replies
  • October 30, 2022

Thanks for the update. These days the big question seems to be who is next? 


MajorHavoc
Bronze VIP
Forum|alt.badge.img+25
  • Bronze VIP
  • 1278 replies
  • October 30, 2022
Martin.1 wrote:
MajorHavoc wrote:
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

What is a fluff feature? Like changing colors or silly desktop themes?  Never heard it called that, but perhaps you make a good point. I would gladly give up the nonfunctional changes for a solid, secure system. 

Security should be the nr1 priority of the day. If I have to try summarize “fluff” features, is the fancy bells and whistles they bring in and have in which are not secure. 

It seems that while Apple is trying to make Privacy and security a top priority, I do not get that same feeling from Microsoft. I’m sure they are working on it all the time, but until they remove all that legacy code from Windows, we will have issues with security hacks. 


Jamesharris85
New Voice
Forum|alt.badge.img+4
MajorHavoc wrote:
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

What is a fluff feature? Like changing colors or silly desktop themes?  Never heard it called that, but perhaps you make a good point. I would gladly give up the nonfunctional changes for a solid, secure system. 

As long as it's not called a fluffer I think you’re safe (for the love of everything do not google fluffer)


MajorHavoc
Bronze VIP
Forum|alt.badge.img+25
  • Bronze VIP
  • 1278 replies
  • October 31, 2022

As yes, the english language that American’s do not really know about.  😄


MunkeyMan
New Voice
Forum|alt.badge.img+4
  • New Voice
  • 304 replies
  • October 31, 2022

Outdated hardware being the real issue here in the education sector. 


russell.harris
Popular Voice
Forum|alt.badge.img+5
MunkeyMan wrote:

Outdated hardware being the real issue here in the education sector. 

Massively. Here in the UK there is a right struggle for funds in state schools. IT ends up being the last to get anything in the budget


Forum|alt.badge.img+1
  • New Voice
  • 86 replies
  • October 31, 2022

Education is vulnerable because of the lack of security awareness of students and staff. Making IT more secure in schools requires a change in operations, which takes time, esp. in classes.


russell.harris
Popular Voice
Forum|alt.badge.img+5
Arjan wrote:

Education is vulnerable because of the lack of security awareness of students and staff. Making IT more secure in schools requires a change in operations, which takes time, esp. in classes.

Totally. Long process and needs the awareness and training before it can be implemented. There often isn't the time or willingness for it


kleinmat4103
Popular Voice
Forum|alt.badge.img+6
  • Popular Voice
  • 512 replies
  • October 31, 2022
MajorHavoc wrote:
Martin.1 wrote:
MajorHavoc wrote:
tasystems wrote:

Thanks for the info as usual, but you would think that Microsoft, of all companies, could get their act together and improve security over the fluff features they keep focussing on. It’s 2022 and their operating system can still be taken over with ease!

What is a fluff feature? Like changing colors or silly desktop themes?  Never heard it called that, but perhaps you make a good point. I would gladly give up the nonfunctional changes for a solid, secure system. 

Security should be the nr1 priority of the day. If I have to try summarize “fluff” features, is the fancy bells and whistles they bring in and have in which are not secure. 

It seems that while Apple is trying to make Privacy and security a top priority, I do not get that same feeling from Microsoft. I’m sure they are working on it all the time, but until they remove all that legacy code from Windows, we will have issues with security hacks. 

I think a big difference is Microsoft has to care about compatibility across a very large base of applications. Centralized management and compatibility is key to their business model, which makes security more difficult. They can’t really move past the legacy code until they have a viable option for those who rely on it. For better or worse.

 

Apple’s strategy is basically get on the bus or get run over. Having a walled garden makes security easier to implement, but makes management and support a lot more difficult. They are very aggressive in the security space, which is very much a good thing.

 

I think we just have two different business models at play.


kleinmat4103
Popular Voice
Forum|alt.badge.img+6
  • Popular Voice
  • 512 replies
  • October 31, 2022
MunkeyMan wrote:

Outdated hardware being the real issue here in the education sector. 

100% agree. Same in the US. Technology is outdated. Staff and students do not have great security awareness. Schools in general are underfunded, so just makes them low-hanging fruit for hackers.


russell.harris
Popular Voice
Forum|alt.badge.img+5

So Sad. Education is such a vital industry yet it’s underfunded.


Jamesharris85
New Voice
Forum|alt.badge.img+4

And under appreciated 😞


Reply