The Secureworks’ State of the Threat report has revealed a 30% YoY increase in active ransomware groups employing double extortion tactics from July 2023 to end of June 2024. It also noted that 31 new groups arose during this period, while many old ones discontinued or changed their brand. The report attributes these changes to law enforcement’s disruption of key ransomware outfits such as ALPHV/BlackCat and LockBit, leading to the fragmentation of the ransomware-as-a-service (RaaS) ecosystem and the redistribution of affiliates among various new and old double extortion groups.
Federal firings and office closures create concerns for miners
Sweeping layoffs and federal office closures in the US are raising concerns about miner safety and health. Notably, 873 staff cuts are expected from the
