Cryptocurrency-fuelled ransomware constitutes 79% of the global cybersecurity incidents. Conti and REvil led the attacks, a new report said.
Better regulations
Cryptocurrency will fuel cybercrimes like ransomware and malicious cryptomining. The trend will continue until global crypto currencies are better regulated, according to researchers from global cyber security firm Sophos.
Cyberattack via RaaS groups
A recent high-profile ransomware attack involved ransomware-as-a-service. It included an attack against Colonial Pipeline in the US by a ‘DarkSide’ affiliate. The Conti RaaS group has been one of the most prolific in the industry. It was originally observed in 2020. A recent insider leak identified a manual for Conti affiliates.
The leak found out the information on pre-attack reconnaissance and the types of information that actors should focus on. It also included a list of suggested passwords that the threat actors could use to break into accounts within a system.
