Security News > 2021 > November > BlackMatter ransomware claims to be shutting down due to police pressure
The BlackMatter ransomware is allegedly shutting down its operation due to pressure from the authorities and recent law enforcement operations.
This post warns affiliates that the ransomware operation was shutting down in 48 hours.
If this post is legitimate and BlackMatter is shutting down its operation, it does not mean that the threat actors will no longer extort existing victims.
Even if BlackMatter shuts down its operation, we will likely see them return as a different group in the future.
When ransomware gangs feel pressure from law enforcement or target a highly sensitive organization, it is common that they shut down their operation and relaunch under a new name.
BlackMatter is already a rebrand of the DarkSide operation, which shut down after attacking the Colonial Pipeline and feeling the full pressure of international law enforcement.