logo
New $1 Trillion DOGE-Trolling Ransomware Attacks Confirmed

New $1 Trillion DOGE-Trolling Ransomware Attacks Confirmed

Forbes09-05-2025

New DOGE Big Balls ransomware attacks spotted.
Just as you were hoping the ransomware threat might have started to ebb, the bad news keeps flowing in. From government warnings as hackers target passwords and 2FA codes to use in their extortion attacks, one ransomware campaign dropping zero-days, and researchers indicating a 5,365 ransomware attack rampage. There has been some good news, such as the notorious LockBit group being hacked and details of their crypto wallets being leaked. But the good news is in the minority, as this latest report has confirmed: the DOGE Big Balls ransomware attackers are back with a new payload alongside that by now infamous Elon Musk-trolling $1 trillion ransom demand.
In case you missed it the first time around, the strange tale of the DOGE Big Balls ransomware attack is quite the oddball, even for the world of cybersecurity, where threats often border on the bizarre. It all started on April 15 when I reported how a ransomware group was weaving political conspiracy theory into malware code in an apparent attempt to throw cyber-defenders and law enforcement off the scent. That ransomware was given the name of DOGE Big Balls because it referenced software engineer and DOGE worker, who has an online nickname of Big Balls, and even included his home address and telephone number in the ransomware note.
Fast forward to April 23, and things started getting even more outlandish as the ransomware attackers upped the ante by including a $1 trillion demand in the ransomware note. This appeared, once again, to be a direct DOGE-trolling exercise, aimed at Elon Musk as much as anyone. 'Give me five bullet points on what you accomplished for work last week, or you owe me a TRILLION dollars,' the note demanded.
It would be too easy to suggest you can't take this bunch of cybercriminals seriously, but that would be a mistake, as threat intelligence has just landed regarding another twist and turn in the DOGE ransomware campaign, including dangerous new payloads and tools being used in ongoing attacks.
The Netskope report describes new scripts and binaries, as well as custom and open-source tools, and new ransomware payloads. 'During our investigation,' Fróes said, 'we noticed that both the payloads and the URLs used to download the payloads were updated quite often.' That there was a large number of payloads, and these were updated at an alarming frequency, Fróes said, it only goes to reinforce how
'complex and dangerous attacks involving this ransomware can be, using many different tools to cover phases like lateral movement, privilege escalation, credential dumping, and more.' So, regardless of the DOGE-trolling and the frankly ridiculous $1 trillion demand, take note when Fróes concluded the report by stressing the 'significant negative impact' that a successful DOGE Big Balls ransomware attack can have on a business. At the end of the day, no matter the bizarreness of the attacker, ransomware is no joke.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why QuantumScape Stock Is Plummeting Today
Why QuantumScape Stock Is Plummeting Today

Yahoo

time26 minutes ago

  • Yahoo

Why QuantumScape Stock Is Plummeting Today

QuantumScape stock is falling today as investors sell shares to take profits. The stock rocketed higher earlier this week after the company announced a major manufacturing breakthrough. QuantumScape could post huge gains if the company's solid-state battery tech is adopted by auto companies, but it's still a high-risk stock. 10 stocks we like better than QuantumScape › On the heels of explosive gains this week, QuantumScape (NYSE: QS) stock is seeing a big sell-off on Friday. The company's share price was down 15.7% as of 3 p.m. ET. QuantumScape's valuation is falling today as investors move to take profits following big gains kicked off by the announcement of major manufacturing progress earlier this week. Even with today's pullback, the stock is up roughly 50% over the last week of trading as of this writing. QuantumScape announced on Tuesday that it had made big progress with its manufacturing process. The company's Cobra separator process has now entered early production stages. The technology is designed to allow for faster and more energy-efficient production and is said to be roughly 25 times better when it comes to heat-treatment speed. The setup is also much smaller than previous technologies, and the smaller footprint should help the company improve its production capabilities. The Cobra news kicked off huge gains for the stock this week, but shares are taking a breather. Investors and analysts are seeing some valuation concerns following the recent rally and are selling shares to take profits. Despite explosive gains this week, QuantumScape stock is still down roughly 95% from the lifetime high it hit after going public through a merger with a special purpose acquisition company (SPAC) in November 2020. While the stock has posted an impressive rally this week thanks to news about its Cobra separator technology, long-term investors are likely still looking at a binary outcome. If the company's solid-state battery technologies deliver on their promise and wind up seeing meaningful adoption in the automotive market, the stock is poised to skyrocket. If the technology comes up short and fails to find a place in the market, shareholders will likely lose most of their investment. Before you buy stock in QuantumScape, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and QuantumScape wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why QuantumScape Stock Is Plummeting Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Snowflake Inc. (SNOW) Has A 'Terrific AI Story,' Says Jim Cramer
Snowflake Inc. (SNOW) Has A 'Terrific AI Story,' Says Jim Cramer

Yahoo

time40 minutes ago

  • Yahoo

Snowflake Inc. (SNOW) Has A 'Terrific AI Story,' Says Jim Cramer

Snowflake Inc. (NYSE:SNOW) is one of the . Snowflake Inc. (NYSE:SNOW) is another frequently discussed Jim Cramer stock. The firm's shares have 40.6% year-to-date on the back of several catalysts such as strong quarterly and full-year revenue guidance along with significant exposure to the AI industry. Cramer's previous comments about the firm have praised the firm's CEO and speculated that perhaps Snowflake Inc. (NYSE:SNOW) was on the cusp of a breakout. Cramer believes CEO Ramaswamy has momentum and is an expert at closing deals. Given his positive views about the executive, it's unsurprising that Cramer's recent remarks about Snowflake Inc. (NYSE:SNOW) also revolved around its CEO: 'Ramaswamy came on and raised numbers on the show, Mad Money, stock was at 140, it's going to 240. And I don't know where it goes after that. But that has a terrific AI story. Really great.' A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform. Here's what he said earlier about the firm: 'Oh, Snowflake…. I mean, it is just, you know, I was thinking about this, but Ramaswamy first comes in, not sure, then he takes off, and why? Because the guy is cerebral, and he's got a real good closing sense. And man, does he ever have momentum? He is project momentum.' While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

International Business Machines Corporation (IBM) Outperforms with AI-Driven Growth in 2025
International Business Machines Corporation (IBM) Outperforms with AI-Driven Growth in 2025

Yahoo

time43 minutes ago

  • Yahoo

International Business Machines Corporation (IBM) Outperforms with AI-Driven Growth in 2025

International Business Machines Corporation (NYSE:IBM) is one of the Best Dividend Stocks of 2025 as it has surged by over 32% since the start of the year. A closeup of a woman's hands typing rapidly on a laptop in a corporate office setting. The company has positioned itself as a major force in enterprise-focused artificial intelligence. The company has been strategically preparing for this pivotal moment in the evolution of computing, and the continued rise of AI is expected to be a major growth driver for IBM's stock in the coming years. When OpenAI introduced ChatGPT in November 2022, International Business Machines Corporation (NYSE:IBM) quickly followed with its own offering. Just six months later, it launched Watsonx, a suite of generative AI tools tailored specifically for business clients, setting itself apart from consumer-oriented large language models. Although initial adoption was modest, momentum picked up quickly. In the first quarter of 2024, International Business Machines Corporation (NYSE:IBM) reported over $1 billion in contracts tied to Watsonx. That figure doubled to $2 billion in the following quarter, rose to $3 billion in the third quarter, and surpassed $5 billion by year-end, reflecting rapidly growing demand for its enterprise AI solutions. International Business Machines Corporation (NYSE:IBM)'s dividend history also makes it a solid investment. The company has been rewarding shareholders with growing dividends for the past 30 years. Currently, it offers a quarterly dividend of $1.68 per share and has a dividend yield of 2.30%, as of June 26. While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store