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Charl van der Walt on Cyber Extortion

What are the latest trends in the ransomware-as-a-service ecosystem? Since at least May 27, the CL0P ransomware gang has been exploiting a previously unknown vulnerability to exfiltrate data from financial services organizations, energy corporations, government agencies, and even universities. The group appears to be changing tactics—while it was previously known for its use of the “double extortion” tactic of stealing and encrypting victim data, it seems to now be relying mostly on data exfiltration instead.To discuss the latest changes in the ransomware ecosystem, Eugenia Lostri, Lawfare’s…

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