The threat of ransomware attacks continues to strike organizations, government institutions, individuals, and businesses across the globe. These attacks have skyrocketed in frequency and sophistication, leaving a trail of disrupted operations, financial loss, and compromised data. Statistics reveal that there will be a new ransomware attack after every two seconds by 2031 while the companies lose between $1 and $10 million because of these attacks.

The rapid and widespread adoption of artificial intelligence (AI) has ushered in a new era of technological advancement, revolutionizing various industries and becoming immensely popular worldwide. AI-driven applications and solutions have streamlined processes, improved efficiency, and enhanced the overall user experience. However, this surge in AI’s popularity also comes with a dark side.

The Amadey Trojan Stealer, an active and prominent malware, first emerged on the cybersecurity landscape in 2018 and has maintained a persistent botnet infrastructure ever since. Several campaigns have used this malware, like the previous Splunk Threat Research blog related to RedLine loader, the multi-stage attack distribution article from McAfee in May 2023 and the campaign where it uses N-day vulnerabilities to deliver Amadey malware noted in March 2023 by DarkTrace.

In today’s interconnected world, the reliance on secure file transfer software is paramount for businesses dealing with sensitive data. Among these tools, MOVEit Transfer software has been a popular choice worldwide, especially in the US, to ensure secure file transfers. However, recent events have exposed its vulnerabilities, leading to the active exploitation by the CI0p ransomware group.

USB-based malware attacks spike during the first half of 2023, ransomware payments skyrocket, and Big Head ransomware accelerates.

CyberWire wrote: "Researchers at SlashNext describe a generative AI cybercrime tool called “WormGPT,” which is being advertised on underground forums as “a blackhat alternative to GPT models, designed specifically for malicious activities.” The tool can generate output that legitimate AI models try to prevent, such as malware code or phishing templates.