Video, Ransomware
ESET research has uncovered CosmicBeetle’s exploitation of the LockBit ransomware gang’s reputation for its own gain
13 Sep 2024
This week, ESET researchers delved deep into the recent actions of the CosmicBeetle cybercrime group. Notably, CosmicBeetle has been leveraging the notoriety of the LockBit ransomware gang to further its own objectives. The analysis also suggests that CosmicBeetle may be a new affiliate of the ransomware-as-a-service entity RansomHub, and it has been targeting SMBs worldwide with its new ScRansom ransomware. However, this ransomware has decryption challenges, rendering it impossible to recover some encrypted files.
Curious about how CosmicBeetle carries out its attacks and want to learn more about their recent campaigns? Watch the video below and check out the full report: CosmicBeetle steps up: Probation period at RansomHub.
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