Security News > 2020 > April > How ransomware attackers are doubling their extortion tactics

How ransomware attackers are doubling their extortion tactics
2020-04-16 14:47

To amp up the threat, attackers are now doubling their extortion tactics by also threatening to release the sensitive information publicly unless the victims pay up.

A report published Thursday by Check Point Research illustrates how these ransomware attacks work.

In one such case from November 2019, attackers used the Maze ransomware to steal sensitive data from American security staffing company Allied Universal and then demanded 300 Bitcoins to decrypt it.

"Double extortion is a clear and growing ransomware attack trend," Loten Finkelsteen, Check Point's manager of threat intelligence, said in a press release.

Addressing a ransomware attack on one user system may be a hassle, but the implications of a network-wide attack are dramatically greater.


News URL

https://www.techrepublic.com/article/how-ransomware-attackers-are-doubling-their-extortion-tactics/#ftag=RSS56d97e7