Lockbit's Cyber Attacks and Potential Consequences

CISA and the FBI issue an update on Royal Ransomware. A look at Smash-and-grab ransomware attacks as well as Cloud vulnerabilities. A pre-Black Friday look at card skimmers. Fences, and their place in organized cybercrime. DP World Australia restores port operations. Joe Carrigan on scammers taking advantage of the Bitrex crypto market being shut down. In our Industry Voices segment, Usama Houlila from CrossRealms International shares his insights on the pivotal role of AI in cybersecurity. And LockBit may be drawing unwelcome attention to itself. 

For links to all of today's stories check out our CyberWire daily news briefing:

https://thecyberwire.com/newsletters/daily-briefing/12/217

Selected reading.

#StopRansomware: Royal Ransomware (Cybersecurity and Infrastructure Security Agency | CISA) 

FBI: Royal ransomware asked 350 victims to pay $275 million (BleepingComputer) 

The Song Remains the Same: The 2023 Active Adversary Report for Security Practitioners (Sophos)

Why 93% of Security Leaders Say Cloud Security Requires Zero Trust Segmentation (Illumio Cybersecurity Blog)

Malwarebytes Labs Reveals 50% Uptick in Credit Card Skimming in Advance of the Holiday Shopping Season (PR Newswire) 

Credit card skimming on the rise for the holiday shopping season (Malwarebytes)

The Fencers: The Lynchpin of Organized Retail Crime Enterprise (Nisos)

DP World cyberattack blocks thousands of containers in ports (BleepingComputer)

Operations at Major Australian Ports Significantly Disrupted by Cyberattack (SecurityWeek) 

Australian Ports Recover From Cyber Incident (Bank Info Security)

DP World: Australia sites back online after cyber-attack (BBC News)

Australian ports resume some operations after major cyberattack (CNN)

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports (Bloomberg) 

Hacking Gang Behind Attack on Largest Global Lender Says It Got Ransom Payment (Bloomberg)

Gang says ICBC paid ransom over hack that disrupted US Treasury market (Reuters) 

After a surprise cyberattack, the world's largest bank had to shuffle a USB stick around Manhattan to do business (PC Gamer)

WSJ News Exclusive | ICBC Hackers Used Methods Previously Flagged by U.S. Authorities (Wall Street Journal) 

Inside Wall Street's scramble after ICBC hack (Reuters) 

Did a ransomware gang mess up by attacking a U.S. arm of China’s biggest bank? (Washington Post)

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