Security News > 2023 > November > Russian-speaking threat actor "farnetwork" linked to 5 ransomware gangs

Russian-speaking threat actor "farnetwork" linked to 5 ransomware gangs
2023-11-08 09:32

In interactions with threat intelligence analysts, farnetwork shared valuable details that link them to ransomware operations starting 2019 and a botnet with access to multiple corporate networks.

According to a report Group-IB shared with BleepingComputer, the threat actor has several usernames and has been active on multiple Russian-speaking hacker forums trying to recruit affiliates for various ransomware operations.

Based on Group-IB's findings, farnetwork is suspected to have been involved in developing or at least in the evolution and management of the mentioned ransomware strains.

Group-IB managed to connect the different usernames to the same threat actor, showing that ransomware operations can come and go but behind them are seasoned individuals that keep the business going under new names.

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News URL

https://www.bleepingcomputer.com/news/security/russian-speaking-threat-actor-farnetwork-linked-to-5-ransomware-gangs/