Subj : ALPHV ransomware says it was behind attacks on loanDepot, Prudent
To   : All
From : TechnologyDaily
Date : Mon Feb 19 2024 14:30:05

ALPHV ransomware says it was behind attacks on loanDepot, Prudential Financial

Date:
Mon, 19 Feb 2024 14:27:46 +0000

Description:
One database to be sold to the highest bidder and the other one to be given 
away.

FULL STORY
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The infamous ALPHV ransomware operator (also known as BlackCat) has added two 
companies to its data leak site - Prudential Financial, and loanDepot, in a 
seeming admission it was behind the attacks on both companies. 

So far, the group has only added the names to its site, with the actual data 
not yet available. 

Apparently, the negotiations with Prudential Financial broke down, so the 
group will publish its database for free. As for loanDepot, the group plans 
on selling it to the highest bidder, BleepingComputer reported. Large bounty 
for ALPHV 

For loanDepot, news of a data breach first emerged in early January 2023, 
when the company said it experienced a cyber incident without revealing its 
nature or origin. Later that month, it confirmed more than 16 million people 
being affected by what was confirmed to be a ransomware assault. 

Prudential Financial filed an 8-K form with the U.S. Securities and Exchange 
Commission (SEC) last week detailing the attack . The company is still 
investigating the incident, but its latest conclusion was that no sensitive 
customer or client data were taken. Prudential is one of the worlds largest 
financial services companies, with more than 40,000 employees and more than 
$50 billion in annual revenue. 

The news comes shortly after the U.S. State Department offered up to $10 
million in information that could lead to the identification or location of 
ALPHV leaders - with an additional $5 million for information on those who 
participated (or tried to) in ALPHV ransomware attacks. 

ALPHV is one of the most active, and most popular, ransomware groups, next to 
the likes of LockBit, or Cl0p. It was first observed in late 2021, possibly 
after the merging of DarkSide and BlackMatter. It is believed that during its 
lifetime, ALPHV and its affiliates extorted hundreds of millions of dollars 
from its victims. More from TechRadar Pro Ransomware remains the most 
pressing security issue worldwide Here's a list of the best firewalls around 
today These are the best endpoint security tools right now



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Link to news story:
https://www.techradar.com/pro/security/alphv-ransomware-says-it-was-behind-att
acks-on-loandepot-prudential-financial


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