Ransomware Gang Seeks Million Dollar PayDay

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2020-06-24 04:54:32

A malware group called Evil Corp is reportedly back in action, having recently launched a new ransomware which asks its victims to pay a million dollar ransom. The group had previously gone quiet after the U.S. Department of Justice charged some of its members in December 2019.

According to a report published on June 23 by the cybersecurity firm Fox-IT, a division of NCC Group, Evil Corp has been active since 2007 — the group is considered to be one of the biggest cybercrime teams on the internet. They are known for using the Dridex malware and BitPaymet ransomware.

The study states that Evil Corp has developed a new ransomware, called WastedLocker, which it has been actively using to launch attacks since May 2020. There are reports that the group has asked for a combined total of $10 million from a number of U.S.-based companies.

The group had previously halted its operations until January 2020 due to the indictment of alleged members, Igor Olegovich Turashev and Maksim Viktorovich Yakubets.

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