A New Hacking Group has been Discovered Hitting Russian Firms with Ransomware

ransomware attacks

As ransomware attacks against crucial infrastructure continue to spike in recent months, cybersecurity researchers have discovered a new entrant that has been actively struggling to conduct multistage attacks on larger corporate networks of banks, manufacturers, medical labs, and software developers in Russia.

Read More: Ransomware Attacks – Demand Costs to Hit $1.4 Billion in 2020

This ransomware gang, codenamed as “OldGremlin,” is believed to be a Russian-speaking threat actor that is linked to a series of campaigns since March, including a successful attack aimed against a clinical diagnostics laboratory which occurred last month on 11 August.

Using Russia as a testing ground, such hacker groups switched to other geographies to distance themselves from the malicious actions of the victim.

Source: thehackernews