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Stock impact report

RansomHub using FakeUpdates scheme to attack government sector [Yahoo! Finance]

TREND MICRO INC S/ADR (TMICY) 
NASDAQ:AMEX Investor Relations: marketwatch.com/investing/stock/tmicy
Company Research Source: Yahoo! Finance
RansomHub cyber threat actors have found a new way to deploy their ransomware, and they're using it to target U.S. government entities. According to Trend Micro, the prolific ransomware gang is using SocGholish, a longtime malware-as-a-service operation also known as FakeUpdates, to facilitate its attacks. RansomHub emerged in early 2024 and racked up more than 200 victims since that time, claiming responsibility for notable attacks against Change Healthcare and Rite Aid. In a blog post on Friday, Trend Micro researchers outlined how the SocGholish framework is delivering RansomHub ransomware in a multistage attack chain that features thousands of compromised websites. “As of the start of 2025, SocGholish detections have been highest in the United States, with government organizations among the most affected,” the researchers wrote, adding that banking and consulting organizations were also heavily targeted. Since first emerging in 2018, SocGholish's calling card has been the u Show less Read more
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