Attack campaigns conducted against Ukrainian government agencies and businesses have been linked to an initial access broker that appears to be staffed with former members of the Conti ransomware gang.
Conti is able to breeze through ransomware attacks in as little as three days thanks to a polished setup that has been years in the making: custom ransomware and tools, a disciplined working schedule and a business-like structure.
Analysis of leaked chats shows that the Russian Conti ransomware gang had developed proof-of-concept code for stealthy firmware attacks targeting Intel's Management Engine.
Conti ransomware group has transformed from lone wolves into a globe-spanning pack of well-organized criminals disrupting and casting into disarray government entities, private organizations, and small and medium-sized businesses.
Security researcher claims that the Conti ransomware attack on Costa Rica was an intentional smokescreen to cover a reorganization into smaller ransomware groups.
The threat of a coup from the Conti ransomware gang is almost certainly hollow, but it showcases the boldness with which these groups are operating even after international law enforcement operations took out previous line-crossers.
The newly sworn-in President of Costa Rica began his administration by declaring a national emergency due to the extensive damage done by a spate of Conti ransomware attacks.
Panasonic's Canadian operation suffered a targeted cyber attack with the Conti Ransomware gang taking responsibility and claiming to have stolen 2.8 GB of corporate documents.
A considerable chunk of the Conti ransomware gang's internal communications is now available due to a data leak, and may threaten the future of the group.
After spending $48 million, Irish government officials say the national healthcare system requires more than $100 million to address the impact of the Conti ransomware attack.