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ToyMaker Uses LAGTOY to Sell Access to CACTUS Ransomware Gangs for Double Extortion

CACTUS Ransomware
April 26, 2025
by Ady DeeJay
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Apr 26, 2025Ravie LakshmananMalware / Vulnerability Cybersecurity researchers have detailed the activities of an initial access broker (IAB) dubbed ToyMaker that has been observed handing over access to double extortion ransomware gangs like CACTUS. The IAB has been assessed with medium confidence to be a financially motivated threat actor, scanning

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Globe Life Faces Extortion After Hackers Steal Customer Data

Globe Life Faces Extortion After Hackers Steal Customer Data
October 18, 2024
by Ady DeeJay
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American insurance giant Globe Life is facing extortion demands from hackers who stole data on over 5,000 individuals from one of its subsidiaries. The insurance company informed the U.S. Securities and Exchange Commission (SEC) that it alerted federal law enforcement about the cyber incident. The company’s response is ongoing. “Based

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Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Ransomware
July 12, 2023
by Ady DeeJay
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Jul 12, 2023THNRansomware / Cyber Threat Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. “Ransomware attackers are on pace for their second-biggest year ever, having extorted at least

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Former Ubiquiti Employee Gets 6 Years in Jail for $2 Million Crypto Extortion Case

May 15, 2023
by Ady DeeJay
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May 15, 2023Ravie LakshmananCyber Crime / Network Security A former employee of Ubiquiti has been sentenced to six years in jail after he pleaded guilty to posing as an anonymous hacker and a whistleblower in an attempt to extort almost $2 million worth of cryptocurrency while working at the company.

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