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FBI leads Alphv/BlackCat takedown, decrypts victims’ data

Law enforcement agencies, led by the FBI and including Europol and several other international authorities, have disrupted the operations of ransomware gang Alphv/BlackCat. Using a confidential informant and a bespoke decryption tool, the authorities seized BlackCat’s websites and collected evidence of their activities. The decryption tool, offered to over 500 victims globally, is estimated to have saved $68 million in ransom payments. Despite the gang claiming to have resumed operations, its reputation has been damaged, potentially affecting its criminal activities.

Source: www.techtarget.com –

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