The BlackSuit ransomware gang has demanded over $500 million since 2022

A infamous ransomware group has demanded greater than half a billion {dollars} from victims in lower than two years.

That staggering statistic has been made public in an replace to a joint advisory issued by the US Cybersecurity and Infrastructure Company (CISA) and the FBI, warning organisations in regards to the risk posed by the BlackSuit gang.

BlackSuit, confirms the advisory, is an evolution of the Royal ransomware which made headlines attacking victims starting from US healthcare organisations to telecoms companies.  Royal was itself born out of the stays of the notorious Russian Conti group.

BlackSuit, like many different ransomware threats, exfiltrates information from compromised corporations after which threatens to publish stolen recordsdata on leak websites if a ransom shouldn’t be paid.

That does not make BlackSuit uncommon.  What does make BlackSuit stand out in a crowded scene of rasnomware gangs is the sheer sum of money it has tried to extort from its many victims.

In accordance with the CISA/FBI joint advisory:

“Ransom calls for have usually ranged from roughly $1 million to $10 million USD, with fee demanded in Bitcoin. BlackSuit actors have demanded over $500 million USD in complete and the most important particular person ransom demand was $60 million.”

The quantity of ransom demanded shouldn’t be specified within the preliminary ransom observe delivered throughout an assault, however as a substitute is equipped when a sufferer makes direct contact with the attacker by way of a hyperlink on the darkish net.

The advisory notes that there was a rise not too long ago within the variety of incidents the place victims have obtained e mail communications and even telephone calls from their attackers whereas negotiating fee.

If BlackSuit feels their sufferer shouldn’t be going to conform to their calls for, or fails to barter, it would typically publish the sufferer’s information on its leak web site.

Though BlackSuit’s sizeable ransom calls for might strike comprehensible worry into many organisations, the CISA/FBI advisory notes that it has “exhibited a willingness to barter fee quantities.”

In fact, that does not imply that it’s essentially the proper factor to pay your extortionists if you end up the sufferer of a ransomware assault.

Paying a ransom encourages criminals to launch extra assaults sooner or later, and never paying could also be itself incur substantial bills by way of rebuilding buyer belief, model repute, and rebuilding relationships with companions.

Being the sufferer of a ransomware assault typically means there is no such thing as a good selection – solely a much less unhealthy one.

Previous victims of the BlackSuit ransomware gang have included East Central College, CDK World, universities, and even a zoo.

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