Cyber thieves are hitting top brands. They don’t only want money
The English-speaking, trash-talking Scattered Spider ransomware gang that cost Marks & Spencer millions of dollars last month is also into bragging rights.
Marks & Spencer was plunged into crisis, with a $626 million hit to operating profits. Bloomberg
The hacking group that pierced the online defences of UK retailer Marks and Spencer has spent months this year laying digital traps designed to trick employees at the world’s biggest brands into giving up their passwords.
Scattered Spider – which cybersecurity experts describe as a criminal gang of male trash-talking, English-speaking fraudsters – was observed registering websites with nearly identical company names and sharpening their malware tool kits.
