Security News > 2020 > March > Ransomware Gangs Hit Larger Targets, Seeking Bigger Paydays

Targeted ransomware attacks continue to increase as gangs seek to obtain bigger ransom payoffs from larger targets, security experts warn.

Some underground actors provide purpose-built tools that have been widely adopted by ransomware gangs.

Driven by the promise of a bigger payday, more gangs have been availing themselves of such tools, which help give them easier access to tactics that might previously have been the domain of nation-state advanced persistent threat gangs.

Spurred on by the tactics being practiced by other ransomware gangs - starting with Maze, before expanding to many others, including DoppelPaymer and Nemty - the operators of the Sodinokibi ransomware-as-a-service operation, aka REvil, have finalized a site to allow affiliates to name victims and dump their stolen data, unless they promptly pay a ransom.

From a cybercrime business standpoint But Fokker says it's still not clear that ransomware gangs' threat to dump data, or following through and actually leaking it, will lead to more reliable or larger ransom payments by victims.

News URL

https://www.inforisktoday.com/ransomware-gangs-hit-larger-targets-seeking-bigger-paydays-a-13911