"Under Increasing Federal Scrutiny, BlackCat Ransomware Gang Pulls Exit Scam on Its Way Out"

The ALPHV/BlackCat ransomware gang has committed a scam on its way out. BlackCat affiliates complained on dark web forums that they had successfully breached victims, but the ransomware gang had not paid their share, becoming unresponsive. This was quickly followed by the closure of affiliate accounts and a law enforcement seizure notice posted on its dark web site, which does not appear to be legitimate. The ransomware gang's unusual behavior is likely due to international law enforcement taking down its data leak site in December. Following the takedown, BlackCat continued to operate and claimed numerous new victims throughout January and February. The exit scam appears to have begun on March 1. This article continues to discuss the BlackCat ransomware gang's exit scam and unclear future.

CPO Magazine reports "Under Increasing Federal Scrutiny, BlackCat Ransomware Gang Pulls Exit Scam on Its Way Out"

Submitted by grigby1