FunkSec: The Rising Yet Controversial Ransomware Threat Actor Dominating December 2024

Check Point Research

As 2024 ended, a new name surged to the top of the cyber threat charts: FunkSec. Emerging as a leading ransomware-as-a-service (RaaS) actor, FunkSec made waves in December by publishing over 85 victim profiles on its Data Leak Site (DLS). However, beneath its apparent dominance lies a more complex and controversial story, as uncovered in Check Point Research’s (CPR) Global Threat Index for December 2024. FunkSec’s rapid ascent highlights the evolving tactics of RaaS operators. Utilizing artificial intelligence to scale operations, the group appears to rely heavily on AI-powered tools to generate ransomware and manage its double-extortion campaigns. While this […]

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