"BlackSuit/Royal Ransomware Group Has Demanded $500m"
"BlackSuit/Royal Ransomware Group Has Demanded $500m"
The US Cybersecurity and Infrastructure Security Agency (CISA) has recently discovered that a prolific ransomware group has demanded more than $500m from its victims in less than two years. The prolific ransomware group is BlackSuit, which rebranded from Royal in July 2023. CISA noted that the largest individual demand since the group rebranded was $60m, although the report adds that the group displays a “willingness to negotiate payment amounts,” so initial high asking prices are likely to be merely a negotiating tactic.