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August 15, 2024

FBI Issues Warning As ‘Men In Black’ Hackers Demand $60 Million Ransom

Forbes
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Contributed by: Drex DeFord
Summary
The FBI and Cybersecurity and Infrastructure Security Agency (CISA) have issued an updated advisory warning about the rebranded BlackSuit ransomware group, formerly known as Royal Ransomware. This group has extorted victims for as much as $60 million, with total demands reaching $500 million. The advisory provides updated tactics, techniques, procedures, and indicators of compromise to help cybersecurity defenders. BlackSuit primarily gains access through phishing and disables security protections to exfiltrate data before deploying ransomware. Notably, their ransom demands involve direct dark web contact and aggressive extortion tactics. The FBI recommends mitigation measures including strong password policies, timely patching, multi-factor authentication, and network segmentation.

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