Security News > 2022 > June > Conti ransomware hacking spree breaches over 40 orgs in a month
The Conti cybercrime syndicate runs one of the most aggressive ransomware operations and has grown highly organized, to the point that affiliates were able to hack more than 40 companies in a little over a month.
During the campaign, Conti affiliates managed to compromise more than 40 organizations in various sectors of activity operating across wide geography but with a focus on companies based in the U.S. A Group-IB spokesperson told BleepingComputer that ARMattack was very swift and explained that the company's report refers to organizations that had their networks compromised.
"Conti's increased activity and the data leak suggest that ransomware is no longer a game between average malware developers, but an illicit RaaS industry that gives jobs to thousands of cybercriminals worldwide with various specializations" - Ivan Pisarev, Head of Dynamic Malware Analysis Team at Group-IB's Threat Intelligence team.
Conti is currently one of the top three ransomware gangs in terms of attack frequency, falling second after LockBit this year, as per data collected from the first quarter of 2022.
Since the gang came into the public light, the list of victims attacked with Conti ransomware that did not pay the threat actor increased to 859, although the real number is likely significantly higher since the count is only based on data published on the group's leak site.
The first Conti ransomware attacks that BleepingComputer learned of date from late December 2019.