Eastern

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    Ransomware attack cost IKEA operator in Eastern Europe $23 million

    Fourlis Group, the operator of IKEA stores in Greece, Cyprus, Romania, and Bulgaria, has informed that the ransomware attack it suffered just before Black Friday on November 27, 2024, caused losses estimated to €20 million ($22.8 million). The security incident became public on December 3, 2024, when the group admitted that the technical problems IKEA online shops were facing were due to “malicious…

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    Eagerbee backdoor deployed against Middle Eastern govt orgs, ISPs

    New variants of the Eagerbee malware framework are being deployed against government organizations and internet service providers (ISPs) in the Middle East. Previously, the malware was seen in attacks conducted by Chinese state-backed threat actors who Sophos tracked as ‘Crimson Palace.’ According to a new report by Kaspersky researchers, there’s a potential connection to a threat group they call ‘CoughingDown,’ based…

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