Cyber Risks · Krebs on Security

Ransomware Gangs and the Name Game Distraction

Summary: Krebs on Security traces how major ransomware groups reinvent themselves under new names rather than disbanding, citing DarkSide's $5 million Colonial Pipeline extortion followed by the emergence of BlackMatter using the same encryption methods, and REvil's Kaseya attack that deployed ransomware to as many as 1,500 organizations with a $70 million universal decryptor demand. The piece links REvil to GandCrab, which claimed over $2 billion in extortion before closing in June 2019, and ties Grief, DoppelPaymer and BitPaymer to the Evil Corp group known as TA505 and Indrik Spider, formed in 2014 by former GameOver Zeus affiliates.

What you should know: Security leaders are often tracking a name, not a crew: the same operators behind a $2 billion extortion run reappear as a new brand, and paying one incarnation can put a victim on the wrong side of OFAC sanctions tied to Evil Corp.

Read the original at Krebs on Security ↗

Topics
OT / ICS & Critical Infrastructure
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