Double Extortion Ransomware Groups Make Headlines

In the ever-evolving landscape of cyber threats, the number of ransomware groups adopting double extortion is a concerning trend. This rising wave of ransomware attacks has taken the form of not only locking away valuable corporate data but also threatening to expose it to the world unless their demands are met.

In the past week alone, more than three newly identified ransomware strains have come to light, causing distress for over 200 victims worldwide. Additionally, within the last month, approximately 10 new ransomware groups have emerged, employing double extortion. A few of these groups are:

• CrossLock

• Akira

• BlackSuit

• Rancoz

• CryptNet

• RA Group

Notably, the MalasLocker ransomware takes an unconventional approach by demanding that victims make a donation instead of requesting a traditional ransom, highlighting the involvement of hacktivists. Additionally, Rhysida ransomware stands out for its unique method of delivering the ransom note in PDF format.

For more information: Cyble — New Ransomware Wave Engulfs over 200 Corporate Victims