Ransom hackers breached top financial firms with simple phone calls: report

Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleOperating under aliases such as Redact, Pink, Falcon, and Helix, these cybercriminals impersonate company help desks to trick employees into revealing passwords and multi-factor authentication codesRansom-seeking hackers have targeted dozens of prominent U.S. financial institutions and businesses over the past month, employing phone calls and sophisticated fake websites. Operating under aliases such as Redact, Pink, Falcon, and Helix, these cybercriminals impersonate company help desks to trick employees into revealing passwords and multi-factor authentication codes. Major private equity firms like Blackstone, Bridgewater Associates, and KKR, along with hedge funds and other companies including Uber and Zillow, were among the targets. Experts highlight that this low-tech social engineering tactic, despite advanced security measures, remains remarkably effective in breaching corporate defenses. The hackers strategically target industries with sensitive data, believing these firms are more likely to pay ransoms to prevent data exposure, with some unnamed companies already having done so. In fullRansom-seeking hackers set their sights on Wall Street’s trillion-dollar private equity firms: reportMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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