News about Facebook Data Breach and FBI alert on Akira Ransomware

Facebook Faces Data Breach Concerns

Facebook, the social media giant founded by Mark Zuckerberg, has once again found itself under scrutiny due to reports of a significant data breach. A recent disclosure by the India-based non-profit organization known as the ‘CyberPeace Team’ revealed that data belonging to over 100,000 users has surfaced on an information-sharing forum.

The leaked data comprises sensitive user information including names, profiles, email addresses, contact details, and locations. Such a breach raises serious concerns regarding potential phishing scams and other social engineering attacks that exploit this information.

The exact origin of the data breach remains unclear, as does the geographic distribution of the affected users. However, speculations regarding these aspects often prompt government investigations and can tarnish the company’s reputation. Notably, in 2021, the Ireland Data Protection Commission imposed a significant penalty on Facebook‘s parent company, Meta, for a massive data leak affecting over 533 million users.

Akira Ransomware Emerges, Prompts FBI Alert

The emergence of a new ransomware variant known as Akira Ransomware has sent shockwaves across the cybersecurity landscape, particularly in Singapore, where businesses have become targets. The Singaporean government has responded by issuing advisories urging local businesses not to entertain ransom demands from hackers.

Authorities stress that paying a ransom does not guarantee the provision of decryption keys or prevent the public disclosure of stolen data. Moreover, hackers may exploit the situation by repeatedly extorting organizations, as exemplified by the recent case involving Change Healthcare, which paid a staggering $22 million to the ALPHV or BlackCat ransomware group, only to face renewed threats from another group known as RansomHub.

In response to the escalating threat, the FBI has issued a public warning regarding the Akira ransomware gang’s modus operandi. Instead of directly contacting victims after encrypting their databases, the gang leaves a contact email address in a pop-up note displayed post-encryption, adding another layer of complexity to the ransomware landscape.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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