CySecurity News – Latest Information Security and Hacking Incidents
Last year in December, malware researchers from Recorded Future and MalwareHunterTeam unearthed ALPHV (aka BlackCat), the first professional ransomware strain that was designed in the Rust programming language. In this post, we will explore some of the methodologies employed by ransomware developers to target organizations.
According to an analysis published last month by Varonis, BlackCat was observed recruiting operators from multiple ransomware organizations, offering to allow affiliates to leverage the ransomware and keep 80-90% of the ransom payment.
“The group’s leak site, active since early December 2021, has named over twenty victim organizations as of late January 2022, though the total number of victims, including those that have paid a ransom to avoid exposure, is likely greater,” Varonis’s Jason Hill explained.
The attackers leveraging BlackCat, often referred to as the “BlackCat gang,” employ multiple tactics that are becoming increasingly commonplace in the ransomware space. Notably, they use several extortion techniques in some cases, including the siphoning of victim data before ransomware deployment, threats to release data if the ransom is not paid, and distributed den
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