OldGremlin Ransomware Targeted Over a Dozen Russian Entities in Multi-Million Scheme

Ransomware
OldGremlin-Ransomware-Targeted-Over-a-Dozen-Russian-Entities-in-Multi-Million-Scheme

A Russian-speaking ransomware group dubbed OldGremlin has been attributed to 16 malicious campaigns aimed at entities operating in the transcontinental Eurasian nation over the course of two and a half years.

Group-IB stated in a thorough report said that the group’s victims “include companies in sectors such as logistics, industry, insurance, retail, real estate, software development, and banking. OldGremlin (also known as TinyScouts) is one of the very few financially driven cybercrime gangs that primarily targets Russian companies, which is unusual in the ransomware landscape.

Dharma, Crylock, and Thanos are other notable groups that helped drive a 200% increase in ransomware attacks against businesses in the nation in 2021.

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