Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Security

Security

Everest Ransomware Gang’s Leak Site Hacked

Everest-Ransomware-Gangs-Leak-Site-Hacked
Bryce Durbin / TechCrunch Bryce Durbin / TechCrunch
Everest-Ransomware-Gangs-Leak-Site-Hacked
Bryce Durbin / TechCrunch Bryce Durbin / TechCrunch

Listen to the article now

Hackers Strike Back: Everest Ransomware Gang’s Leak Site Defaced

A recent cyber twist has unfolded as the leak site used by the notorious Everest ransomware gang was hacked and defaced over the weekend. According to TechCrunch, the breach replaced the site with a simple yet striking message: “Don’t do crime CRIME IS BAD xoxo from Prague.” This bold act of digital defiance highlights the ongoing cat-and-mouse game within the cybersecurity landscape.

The defacement remains active at the time of writing, leaving questions about whether the hack also led to a data breach for the ransomware group. While details remain scarce, the incident underscores the vulnerabilities even within criminal organizations operating in the shadows of the internet.

Understanding the Everest Ransomware Gang

Everest, a Russia-linked ransomware syndicate, has earned notoriety since its emergence in 2020. The group specializes in stealing sensitive data from victims and leveraging it for extortion, demanding hefty ransoms in exchange for not publishing or selling the stolen information. Among its high-profile attacks was the theft of data belonging to over 420,000 customers of Stiiizy, a well-known cannabis retail chain.

In addition to targeting private enterprises, Everest has also been linked to breaches affecting government entities. The U.S. government has attributed several significant hacks to the group, including incidents involving NASA and the Brazilian government. These attacks demonstrate the far-reaching impact of ransomware gangs on both public and private sectors.

The Rising Threat of Ransomware Attacks

Ransomware attacks continue to surge globally, posing a persistent threat to businesses, governments, and individuals alike. However, recent trends reveal an interesting shift. Despite the growing number of attacks, the frequency of victim payments to hackers has declined during 2024. This decline reflects a growing resistance among organizations to meet ransom demands, often encouraged by stricter regulations and improved cybersecurity strategies.

Law enforcement agencies have played a pivotal role in combating ransomware threats. High-profile operations have successfully disrupted major hacking groups like LockBit and Radar, sending a clear message to cybercriminals. Yet, these efforts are only part of the equation. Internal sabotage and leaks, such as the one witnessed with Everest, also contribute to undermining the operational integrity of ransomware gangs.

Why Sabotage Matters in the Cybersecurity Landscape

The defacement of Everest’s leak site is more than just an act of rebellion; it symbolizes the internal and external pressures faced by ransomware gangs. Cybercriminals, despite their technical prowess, are not immune to counterattacks from rival hackers, vigilante groups, or even disgruntled insiders.

Such acts of sabotage can serve multiple purposes. They can expose vulnerabilities within criminal networks, disrupt ongoing extortion schemes, and deter potential collaborators. Additionally, they send a powerful message that even those who operate outside the law are not untouchable.

The Broader Implications for Cybersecurity

This incident highlights the evolving dynamics of cybersecurity, where attackers and defenders constantly adapt to outmaneuver one another. For organizations, the takeaway is clear: investing in robust cybersecurity measures is no longer optional. Proactive strategies, such as regular system updates, employee training, and incident response planning, are essential to mitigate risks.

Furthermore, collaboration between private companies and law enforcement agencies remains crucial. Sharing intelligence and resources can help dismantle criminal networks and prevent future attacks. As seen with the takedowns of LockBit and Radar, coordinated efforts can yield tangible results.

Looking Ahead: A Continuous Battle

As the digital landscape evolves, so too will the tactics employed by both cybercriminals and those who oppose them. The defacement of Everest’s leak site serves as a reminder that no entity, regardless of intent, is invincible. In the fight against ransomware and other cyber threats, resilience and vigilance are key.

For businesses and governments alike, staying informed about emerging threats and adopting best practices in cybersecurity will be critical. By fostering a culture of security and accountability, stakeholders can work together to create a safer digital environment for everyone.


Comment Template

You May Also Like

Politics

Senator Ron Wyden Blocks Nomination Over Telecom Security Concerns Democratic Senator Ron Wyden has placed a hold on the nomination of Sean Plankey to...

Finances

One gathering is changing cash destiny in a quickly computerized society. Fire blocks, the inventive tech organization disturbing robotized finance Because of its creative...

Business

Climate Activists’ Attempted Siege: Protesters and police clashed at a Tesla plant outside Berlin, drawing widespread media attention and prompting important discussions about corporate...

crime

Cybercrime Shock: Zambia Exposes ‘Sophisticated’ Chinese Syndicate In Zambia, a major crackdown on internet fraud has led to the arrest of 77 individuals, including...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok