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Ransomware are now being leased by hacker groups


Published : 08 Feb 2022 09:09 PM | Updated : 09 Feb 2022 03:29 PM

Ransomware are now being leased as a service to the bad actors by group of hackers. The report titled, Sophos 2022 Threat Report, shows how the gravitational force of ransomware’s black hole is pulling in other cyberthreats to form one massive, interconnected ransomware delivery system – with significant implications for IT security. 

The report, written by SophosLabs security researchers, Sophos Managed Threat Response threat hunters and rapid responders, and the Sophos AI team, provides a unique multi-dimensional perspective on security threats and trends facing organizations in 2022.

The Sophos 2022 Threat Report analyzes the following key trends. It states that, ver the coming year, the ransomware landscape will become both more modular and more uniform, with attack “specialists” offering different elements of an attack “as-a-service” and providing playbooks with tools and techniques that enable different adversary groups to implement very similar attacks. The report also predicts that established cyberthreats will continue to adapt to distribute and deliver ransomware.

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The use of multiple forms of extortion by ransomware attackers to pressure victims into paying the ransom is expected to continue and increase in range and intensity.Cryptocurrency will continue to fuel cybercrimes such as ransomware and malicious crypto-mining, and Sophos expects the trend will continue until global cryptocurrencies are better regulated. 

“Ransomware thrives because of its ability to adapt and innovate,” said Chester Wisniewski, principal research scientist at Sophos. “They’re now offloading to others the tasks of finding victims, installing and executing the malware, and laundering the pilfered cryptocurrencies. This is distorting the cyberthreat landscape, and common threats, such as loaders, droppers, and Initial Access Brokers that were around and causing disruption well before the ascendancy of ransomware, are being sucked into the seemingly all-consuming ‘black hole’ that is ransomware.

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