Cyber Criminals Gone Wild: Royal Ransomware’s $370M Heist Ends in Chaos
The Royal and BlackSuit ransomware gangs, responsible for over $370 million in ransom from 450 U.S. companies, have been taken down by Homeland Security Investigations. However, like a villain in a bad action sequel, the BlackSuit gang is rumored to be rebranding as Chaos ransomware. Stay tuned for more cyber mayhem!
Hot Take:
Well, well, well, the Royal and BlackSuit gang thought they could play a game of cyber hopscotch, but it looks like the DHS had them cornered like a cat with a laser pointer. With a record of infiltrating over 450 U.S. companies and pocketing a cool $370 million, they might have thought they were invincible. But the DHS, with their international buddies, said “not so fast,” and pulled a sneaky Operation Checkmate to shut down their dark web shenanigans. Now, with their infrastructure in ruins, the cybercriminals are planning a comeback, but don’t worry, they’re just going through a “Chaos” phase. Stay tuned for the next episode of “As the Malware Turns.”
Key Points:
- The Royal and BlackSuit ransomware gangs breached over 450 U.S. companies.
- They extorted more than $370 million using double-extortion tactics.
- Operation Checkmate dismantled their dark web domains.
- Royal ransomware rebranded as BlackSuit, targeting numerous organizations.
- The gang is likely rebranding again as Chaos ransomware.