Security News > 2020 > September > REvil ransomware crew dangles $1,000,000 cybercrime carrot

As we'll explain below, the curiously mangled phrase "To increase the quality and quantity of waste material" doesn't just refer to the ruined files that a ransomware attack leaves behind after they've been scrambled with a cryptographic key known only to the crooks.

Even though the twisted history of ransomware groups can be hard to follow - at least, those who haven't been caught and prosecuted - it looked as right away as though the report of the gang's demise was a scam all of its own, and that they almost immediately returned with a ransomware strain known as Sodinokibi.

Ransomware gangs, including the REvil crew, have taken to setting up attacks on one or just a few networks at a time, rather than trying to scramble thousands of computers individually in a widespread attack.

As we mentioned above, ransomware attacks are now routinely preceded by a data-stealing binge by the attackers, so that victims are faced with two-pronged extortion demands.

Suddenly, and rather shockingly, that million-dollar "Investment" by rhe REvil crew sounds like up-front money that the gang can easily afford and expect to recoup quickly, possibly even in a single well-planned attack.

News URL

https://nakedsecurity.sophos.com/2020/09/28/revil-ransomware-crew-dangles-1000000-cybercrime-carrot/