Pay-or-Get-Breached Ransomware Schemes Take Off
Pay-or-Get-Breached Ransomware Schemes Take Off In 2020, ransomware attackers moved quickly to adopt so-called "double extortion" schemes, with more than 550 incidents in the fourth quarter alone. The "pay or get breached" ransomware trend — also known as the "double extortion" scheme — took off in 2020, despite the prolific Maze Team's Nov. 1 announcement that it would be discontinuing operations. Using data collected by automated feeds, cyber-risk firm Digital Shadows documented 550 double-extortion postings on data leak sites maintained by more than a score of ransomware groups. By fa...
Source: darkreading.com