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Ransomware Economics Collapse as Victim Payments Hit Record Low

Ransomware Economics Collapse as Victim Payments Hit Record Low

Ransomware profits have plummeted to unprecedented levels with only 23% of breached organizations paying attackers in Q3 2025. This six-year downward trend reflects improved cyber defenses and a strategic shift toward data exfiltration by threat actors. Security teams now face evolved tactics targeting mid-sized businesses through social engineering and software vulnerabilities.
Inside Crimson Collective's AWS Cloud Heist: Exploiting Credentials for Data Theft and Extortion

Inside Crimson Collective's AWS Cloud Heist: Exploiting Credentials for Data Theft and Extortion

The Crimson Collective hacker group is actively targeting AWS environments, compromising exposed credentials to escalate privileges, exfiltrate sensitive data, and extort victims like Red Hat. Researchers from Rapid7 detail a sophisticated attack flow involving API manipulation and cloud service abuse, underscoring critical vulnerabilities in cloud security practices. This incident highlights the urgent need for organizations to overhaul access management and mitigate risks from leaked secrets.
Co-operative Group's $107M Cyberattack Loss Exposes Scattered Spider's Financial Toll

Co-operative Group's $107M Cyberattack Loss Exposes Scattered Spider's Financial Toll

The UK's Co-operative Group reveals an £80 million ($107M) operating profit loss following an April cyberattack by Scattered Spider affiliates, highlighting catastrophic financial impacts beyond ransomware encryption. With 6.5 million members' data stolen and systems paralyzed for weeks, the incident underscores the escalating cost of modern cyber threats.