Security News > 2020 > October > Maze ransomware is shutting down its cybercrime operation
2020-10-29 00:31
The Maze cybercrime gang is shutting down its operations after rising to become one of the most prominent players performing ransomware attacks.
Maze continued to evolve ransomware operations by forming a ransomware cartel with Ragnar Locker and LockBit, to share information and tactics.
Early last month, BleepingComputer began hearing rumors that Maze was getting ready to shut down their ransomware operation in a similar manner as GandCrab did in 2019.
BleepingComputer has learned that many Maze affiliates have switched over to a new ransomware operation called Egregor.
Egregor began operating in the middle of September, just as Maze started shutting down their encryption operation.