Security News > 2022 > June > Black Basta may be an all-star ransomware gang made up of former Conti and REvil members

Black Basta may be an all-star ransomware gang made up of former Conti and REvil members
2022-06-24 16:49

Black Basta may be an all-star ransomware gang made up of former Conti and REvil members.

Earlier this month, a report surfaced that former ransomware group Conti had split up, with many members of the collective joining or creating new adversary factions and why that made these former members more dangerous than ever.

A new ransomware group by the name of Black Basta has become notable in the ransomware game, having formed in April 2022 and believed to be made up of former Conti and REvil members.

"Due to their rapid ascension and the precision of their attacks, Black Basta is likely operated by former members of the defunct Conti and REvil gangs, the two most profitable ransomware gangs in 2021.".

Once any defense software has been disabled, Black Basta deploys the ransomware using an encoded PowerShell command that leverages Windows Management Instrumentation to push out the ransomware to IP addresses specified by the group.

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News URL

https://www.techrepublic.com/article/black-basta-may-be-an-all-star-ransomware-gang-made-up-of-former-conti-and-revil-members/