Ransomware Attack on Phone Repair and Insurance Company Cause Millions in Damage
The sudden emergence of the Royal ransomware in early 2023 marked a significant escalation in cyber threats targeting service providers across Europe. Exploiting unpatched VPN and remote-desktop gateways, attackers initiated brute-force and credential-stuffing campaigns to breach perimeter defenses. Once inside, the malware deployed a custom encryption engine that leveraged AES-256 for file encryption and RSA-4096 […]
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