Researchers Demonstrate Ransomware for IoT Devices That Targets IT and OT Networks

The Hacker News

As ransomware infections have evolved from purely encrypting data to schemes such as double and triple extortion, a new attack vector is likely to set the stage for future campaigns.
Called Ransomware for IoT or R4IoT by Forescout, it’s a “novel, proof-of-concept ransomware that exploits an IoT device to gain access and move laterally in an IT [information technology] network and impact the OT [