Latest Breaking News On - Major ransomware groups truly forma cartel - Page 1 : comparemela.com

Did 4 Major Ransomware Groups Truly Form a Cartel? An analysis of well-known extortion groups and their cryptocurrency transactions reveals the answer. A collection of ransomware groups that banded together to create a cartel rarely collaborate and don t share profits, suggesting that concerns over a sprawling cybercriminal organization are overblown, according to Analyst1. The four cybercriminal groups Twisted Spider, Viking Spider, Wizard Spider, and the Lockbit Gang announced at different times throughout summer 2020 that they would be working together but gave few other details. By November, when Twisted Spider also known as the Maze group closed down, it denied there had ever been a cartel.

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