Chinese Volt Typhoon hackers exploited Versa zero-day to breach ISPs, MSPs

By Lawrence Abrams The Chinese state-backed hacking group Volt Typhoon is behind attacks that exploited a zero-day flaw in Versa Director to upload a custom webshell to steal credentials and breach corporate networks. Versa Director is a management platform ISPs and MSPs use to manage virtual WAN connections created using SD-WAN services. The vulnerability is tracked as CVE-2024-39717 and resides in a feature allowing admins to upload custom icons to […]

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How security experts unravel ransomware

Katie Malone Senior Reporter It’s usually law enforcement, or a mistake by the ransomware gang, that lets them reverse the process. Hackers use ransomware to go after every industry, charging as much money as they can to return access to a victim’s files. It’s a lucrative business to be in. In the first six months of 2023, ransomware gangs bilked $449 million from their targets, even though most governments advise against paying ransoms. Increasingly, […]

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The ransomware business is booming, even as enforcers shut down some major players

By Lauren Feiner,  Palo Alto Networks’ Unit 42 found a 49 percent bump in victims reported by ransomware leak sites in 2023. 2023 was a big year for ransomware groups, even as law enforcement around the world continued to crack down on attackers. Palo Alto Networks’ Unit 42, the threat intelligence firm, found a 49 percent bump in victims reported by ransomware leak sites, totaling nearly 4,000 posts to those sites […]

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