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The financially motivated group is combining vishing, IT impersonation, and in-person office intrusions to steal data and extort victims.
The group warned that law-enforcement crackdowns are imminent in the wake of the takedown, but its extortion threats against Salesforce victims remain active.
The cybercrime group, named after Japanese ghosts but believed to be from Morocco, uses a modified version of the Prince-Ransomware binary that includes a flaw allowing for partial data recovery. However, an extortion threat remains.
The emerging group has already gotten its teeth into 16 victims since May with its double extortion tactics, claiming victims in 11 countries, including the US, Thailand, and Taiwan.
Though the group initially stuck to classic ransomware TTPs before demanding the ransom, it went off script when it began threatening the group and detailing potential consequences the victim would face.
The threat group has a variety of tactics in its toolbox, including double extortion and ransomware-as-a-service.
In addition to his prison sentence, he will have to pay more than $1 million in restitution to his victims.
Since at least February, a threat actor has been attempting to extort victims by stealing or wiping data in their GitHub repositories.
Ransomware group BlackCat/ALPHV files SEC complaint against its latest victim, putting an audacious new twist on cyber extortion tactics.
The ransomware group has already claimed 116 victim organizations so far on its site, and it continues to mature as a thriving cybercriminal business, researchers said.
Two gang members are being charged for allegedly threatening to release personal information and impersonating law enforcement in an effort to dox victims.
Luna Moth is relying solely on call-back phishing, as well as legitimate tools, to steal data and extract ransoms from victims of all stripes in an expanding cyberattack effort.
Titaniam’s ‘State of Data Exfiltration & Extortion Report’ also finds that while over 70% of organizations had heavy investments in prevention, detection, and backup solutions, the majority of victims ended up giving into attackers' demands.