• FBI claims success in taking down another major ransomware group

    From TechnologyDaily@1337:1/100 to All on Tue Aug 13 14:15:05 2024
    FBI claims success in taking down another major ransomware group

    Date:
    Tue, 13 Aug 2024 14:03:06 +0000

    Description:
    Law enforcement seized dozens of servers belonging to Radar, but no one was arrested.

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    The FBI has announced taking down the infrastructure belonging to a notorious ransomware operation known as Radar (AKA Dispossessor).

    Even though the group doesnt enjoy the same level of fame as the likes of LockBit or Black Basta, Radar was still a fairly formidable organization -
    the FBIs announcement claimed it had hit 43 victim organizations located all over the world, including the US, UK, Germany, and many others.

    As a result of the FBIs operation, the organization took down Radars website, and seized a number of servers. The website now features an FBI message stating This website has been seized. In total, three servers in the US,
    three in the UK, and 18 in Germany, were confiscated. Furthermore, the FBI took eight criminal domains in the US, and one in Germany. Exploiting flaws

    Radars modus operandi does not differ much from what were used to in the ransomware scene.

    The group, operated by a ringleader named Brain, employs the double-extortion tactic, by first stealing sensitive information from the victim organization, and then deploying the encryptor which renders the entire IT infrastructure useless. It then demands a ransom payment, usually in bitcoin or Monero, in exchange for the decryption key.

    If the company refuses, and instead reloads its systems from a backup, it
    will threaten to release the stolen files online. From time to time, the
    group would also reach out to its victims via phone, it was said.

    To access their targets systems, Radar looks for vulnerabilities, weak passwords, and a lack of multi-factor authentication (MFA), the FBI
    confirmed.

    This is not the first time law enforcement has recently seized IT infrastructure belonging to ransomware operations, as a few months ago,
    police hit the LockBit cybercrime gang .

    While commendable, it will probably make little difference in the long run,
    as without any arrests, the perpetrators can just rebuild and continue their operations. More from TechRadar Pro Cyber attacks against key US infrastructure continue, but this time its China Here's a list of the best malware removal tools around today These are the best endpoint security tools right now



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    Link to news story: https://www.techradar.com/pro/security/fbi-claims-success-in-taking-down-anoth er-major-ransomware-group


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