Ransom

Researchers claim LockBit ransom gang responsible for widespread exploitation of Citrix vulnerability, according to CyberNews.com

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Researchers have recently uncovered that the LockBit ransomware gang is behind the exploitation of a massive Citrix bug. This revelation comes as a result of an investigation conducted by CyberNews.com. The researchers identified a connection between the ransomware gang and the exploitation of the vulnerability in Citrix, a software company that provides server, networking, and … Read more

UnitedHealth CEO Takes Responsibility for Decision to Pay Ransom

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UnitedHealth CEO Takes Responsibility for Decision to Pay Ransom

UnitedHealth CEO Andrew Witty is set to testify before US lawmakers, revealing that cybercriminals used stolen credentials to access Change Healthcare’s system through a Citrix portal lacking multi-factor authentication. This breach allowed the malicious actors to navigate through the network, steal sensitive data, and deploy ransomware. Witty will also acknowledge paying a ransom to prevent … Read more

Broadcom slammed by cloud trade group amid claims it’s “holding the sector to ransom” with VMware license changes

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Broadcom slammed by cloud trade group amid claims it’s “holding the sector to ransom” with VMware license changes

A European cloud trade body has called for an investigation Broadcom amid concerns over changes it has made to VMware licensing structures. The Cloud Infrastructure Service Providers in Europe (CISPE) consortium called on regulatory and legislative bodies across Europe to investigate the changes Broadcom has made to the VMware operating model, which it says will … Read more