US Bank investigates LockBit's claims as ransomware crims set pay-or-leak deadline
Follow the money
DeadLock is an emerging financially motivated ransomware operation that leverages Rust-based encryption alongside decentralized infrastructure to manage victim communications, negotiations, and data leak operations. The group employs double extortion tactics to pressure victims into paying ransom demands, combining encryption with threats of public data disclosure.
Read full article at Microsoft Security Blog ↗Follow the money
Because apparently even ransomware gangs can't trust the people they do business with
These companies often have the hardest time balancing their roles as suppliers and customers, according to the risk management firm Black Kite.
The FBI warned that the RaaS operation has significantly enhanced its tactics, techniques and procedures, making it harder for defenders to counter