'Prometheus' is the latest example of how the ransomware-as-a-service model is letting new gangs scale up operations quickly.
A new ransomware group that claims to have impacted some 30 organizations since earlier this year is the latest example of how quickly criminal gangs are able to scale up new operations using ransomware-as-a-service offerings.
The group, Prometheus, first surfaced in February. Researchers from Palo Alto Networks (PAN) who have been tracking the gang this week described it as using double-extortion tactics — data encryption and data theft — to try and extract money from victims. The group hosts a leak site that it has been using to name new victims and post stolen data for purchase when a victim refuses or is unable to pay the demanded ransom.
According to PAN, Prometheus claims it has breached at least 30 organizations across multiple sectors, including government, manufacturing, financial services, logistics, insurance, and health care ...
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