Displaying items by tag: Avaddon

GUEST OPINION: Cybercrime flourished in 2021, and there are no signs of a slowdown in 2022. There are several factors behind this high-confidence prediction.

The NSW branch of the Labor Party appears to have suffered a Windows ransomware attack, with the Avaddon strain having been used to attack the party's network.

A Telstra dealer, Melbourne-based Schepisi Communications, has been hit by the Avaddon Windows ransomware and its site has gone offline as a result.

Ransomware operators are catholic in their approach to breaking into businesses, and the size of a business really appears to be of no import. A good example of this is the compromise last week of a small businessman from Ohio whose annual turnover is barely US$150,000 (A$194,687).

Premier aircraft leasing asset manager SKY Leasing has been hit by a gang of cyber criminals using the Windows Avaddon ransomware and the attackers have leaked 20 files of the company's data on the dark web.

The actors behind the various Windows ransomware packages changed their tactics to prise money out of their victims' hands in October last year, but it remains to be seen whether their use of social pressure will be more profitable than methods used earlier, a researcher from global security firm Sophos has observed.