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WE VALUE YOUR PRIVACY We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products. With your permission we and our partners may use precise geolocation data and identification through device scanning. You may click to consent to our and our partners’ processing as described above. Alternatively you may access more detailed information and change your preferences before consenting or to refuse consenting. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Your preferences will apply to this website only. You can change your preferences at any time by returning to this site or visit our privacy policy. MORE OPTIONSAGREE Skip to content TECHREPUBLIC Search Close Search * Top Products * AI * Developer * Payroll * Security * Project Management * TechRepublic Academy * Innovation * Cheat Sheets * Big Data * Tech Jobs Toggle TechRepublic mobile menu More * TechRepublic Premium * Top Products * AI * Developer * Payroll * Security * Project Management * TechRepublic Academy * Innovation * Cheat Sheets * Big Data * Tech Jobs * See All Topics * Sponsored * Newsletters * Forums * Resource Library TechRepublic Premium Join / Sign In ACCOUNT INFORMATION TechRepublic close modal Image: nicescene/Adobe Stock 4 MOST DANGEROUS AND DESTRUCTIVE RANSOMWARE GROUPS OF 2022 * * * * * ACCOUNT INFORMATION TechRepublic close modal SHARE WITH YOUR FRIENDS 4 Most Dangerous and Destructive Ransomware Groups of 2022 Check out this article I found on TechRepublic. Your email has been sent by Lance Whitney in Security on July 27, 2023, 9:50 AM EDT 4 MOST DANGEROUS AND DESTRUCTIVE RANSOMWARE GROUPS OF 2022 As ransomware attacks continue, a few key groups have inflicted some of the greatest damage to their victims. Use this guide to learn about their targets and tactics as well as how to safeguard against their attacks. Image: nicescene/Adobe Stock 2022 marked another year in which ransomware proved to be one of the most pernicious cyberthreats around the world. Targeting victims both large and small, ransomware gangs showed that they could still wreak havoc despite efforts by law enforcement and governments to crack down on them. SEE: Use this security incident response policy from TechRepublic Premium. Though a variety of these criminal groups litter the cyberspace landscape, a few were especially dangerous and destructive in their ransomware attacks throughout the year. Here are four of those ransomware groups. Jump to: * ALPHV (BlackCat) * Black Basta * Hive * LockBit * Why are these ransomware groups so dangerous? * How can organizations protect themselves from ransomware attacks? ALPHV (BLACKCAT) ALPHV, a.k.a. BlackCat, specializes in ransomware as a service, through which it offers the necessary malware and infrastructure to affiliates who then carry out the actual attacks. Though seemingly new to the ransomware landscape, having surfaced in 2021, ALPHV is reportedly connected to the BlackMatter/DarkSide group responsible for the infamous ransomware attack against Colonial Pipeline in 2021. HOW DOES ALPHV CARRY OUT RANSOMWARE ATTACKS? Infiltrating its victims by exploiting known security flaws or vulnerable account credentials, ALPHV pressures organizations to pay the ransom by launching distributed denial-of-service attacks against them. The group also likes to expose stolen files publicly through a search engine for the data leaks of its victims. MUST-READ SECURITY COVERAGE * Best SIEM Tools and Software for 2023 * Atlas VPN Review (2023): Features, Pricing, Alternatives * Australia, New Zealand Enterprises Spend Big on Security — But Will It Be Enough? * Quick Glossary: Cybersecurity Attacks WHO DOES ALPHV TARGET? ALPHV targets public and nonprofit organizations as well as large corporations, according to Brad Crompton, director of intelligence at cyber threat intelligence provider Intel 471. During the third quarter of 2022, this ransomware variant hit 30 organizations, impacting real estate businesses, professional services and consulting firms, consumer and industrial product makers, and technology companies. In September, ALPHV took credit for attacking airports, fuel pipeline operators, gas stations, oil refineries and other critical infrastructure providers. BLACK BASTA Appearing in April 2022, RaaS group Black Basta reportedly comprises former members of the Conti and REvil ransomware gangs, with which it shares similar tactics, techniques and procedures. Boasting highly skilled and experienced group and affiliate members, Black Basta increasingly gains access to organizations by exploiting unpatched security vulnerabilities and publicly available source code, Crompton said. HOW DOES BLACK BASTA CARRY OUT RANSOMWARE ATTACKS? Black Basta often relies on double extortion techniques, threatening to publicly leak the stolen data unless the ransom is paid. The group also deploys DDoS attacks to convince its victims to pay the ransom. In some cases, Black Basta members have demanded millions of dollars from their victims to keep the stolen data private. WHO DOES BLACK BASTA TARGET? Ransomware attacks stemming from Black Basta hit 50 organizations in the third quarter of 2022, according to Intel 471. The sectors most impacted by these ransomware attacks included consumer and industrial products, professional services and consulting, technology and media, and life sciences and healthcare. Among different countries, the U.S. was the group’s biggest target for the quarter, with 62% of all reported attacks. HIVE Springing up in early 2022, Hive quickly earned a name for itself as one of the most active ransomware groups. The number of attacks from this gang alone jumped by 188% from February to March in 2022, according to NCC’s March Cyber Threat Pulse report. This ransomware variant was also one of the top four most observed during the third quarter of the year, Intel 471 said. HOW DOES HIVE CARRY OUT RANSOMWARE ATTACKS? The group is fast, allegedly encrypting anywhere from hundreds of megabytes to more than four gigabytes of data per minute. To help carry out its attacks, Hive hires penetration testers, access brokers and threat actors, Crompton said. In August 2022, an alleged operator of the Hive ransomware reported using phishing emails as the initial attack vector. WHO DOES HIVE TARGET? Traditionally focused on the industrial sector, Hive has also targeted academic and educational services as well as sciences and healthcare companies, along with energy, resources and agriculture businesses. In the third quarter of 2022, the Hive ransomware hit 15 countries, with the U.S. and the U.K. as the top two targets, respectively. LOCKBIT With 192 attacks in the third quarter of 2022, the LockBit 3.0 ransomware continued its reign as the most prominent variant of the year, according to Intel 471. First announced in the second quarter of 2022, the LockBit 3.0 variant reportedly included an updated data leak blog, a bug bounty program and new features in the ransomware itself. The bug bounty concept was a first for ransomware groups, with LockBit offering as much as $1 million for anyone who discovered vulnerabilities in the gang’s malware, its victim shaming sites, its Tor network and its messaging service, Intel 471 reported. HOW DOES LOCKBIT CARRY OUT RANSOMWARE ATTACKS? Unlike other ransomware groups, LockBit reportedly prefers low-profile attacks and tries to avoid generating headlines, Crompton said. The gang is always evolving and adapting its TTPs and software. LockBit also runs a proprietary information stealer called StealBit. Instead of acting as a typical information stealer that grabs data from browsers, StealBit is a file grabber that quickly clones files from the victim’s network to LockBit-controlled infrastructure in a short period of time. WHO DOES LOCKBIT TARGET? The LockBit 3.0 variant has impacted 41 countries, with the U.S. as the top target, followed by France, Italy, Taiwan and Canada. The sectors most impacted by LockBit were professional services and consulting, manufacturing, consumer and industrial products and real estate. WHY ARE THESE RANSOMWARE GROUPS SO DANGEROUS? “There are numerous reasons why these ransomware groups are dangerous in their own right,” Crompton told TechRepublic. “Generally speaking, these groups have good malware with good infrastructure, experienced negotiation teams and custom-made tools that make ransomware attacks more straightforward, in turn attracting more affiliates to their groups.” HOW CAN ORGANIZATIONS PROTECT THEMSELVES FROM RANSOMWARE ATTACKS? To help organizations better protect themselves, Crompton shares the following tips: * Make sure that multifactor authentication is in place. * Adopt a strong password policy that prevents the reuse of old or similar passwords. * Monitor for insider threats and any type of compromised access to your own organization and third parties. * Conduct frequent security audits. * Keep an eye on all privileged accounts to guard against compromise. * Conduct phishing awareness training for all employees. * Don’t prioritize productivity over security as this makes your organization more vulnerable to ransomware attacks, creating a far worse scenario than less productivity. SEE: Learn more about how to protect your organization from ransomware attacks. SUBSCRIBE TO THE CYBERSECURITY INSIDER NEWSLETTER Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Delivered Tuesdays and Thursdays Email Address By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at any time. Subscribe Lance Whitney Published: July 27, 2023, 9:50 AM EDT Modified: July 27, 2023, 4:24 PM EDT See more Security articles ALSO SEE * 9 tips to protect your organization against ransomware (TechRepublic) * How to become a cybersecurity pro: A cheat sheet (TechRepublic) * The 10 best antivirus products you should consider for your business (TechRepublic) * How to recruit and hire a Security Analyst (TechRepublic Premium) * Cybersecurity: More must-read coverage (TechRepublic on Flipboard) WHITE PAPERS, WEBCASTS, AND DOWNLOADS THE ULTIMATE LEARN TO CODE TRAINING (5 COURSES) Training from TechRepublic Academy View This Now INTRODUCTION TO CHATGPT Training from TechRepublic Academy Learn More ISCANNER APP: LIFETIME SUBSCRIPTION Tools & Templates from TechRepublic Academy Find Out More THE LINUX & DOCKER CODING BUNDLE Training from TechRepublic Academy Learn More LIFETIME LICENSE: MICROSOFT OFFICE HOME & BUSINESS FOR MAC Tools & Templates from TechRepublic Academy Learn More * * * * * ACCOUNT INFORMATION TechRepublic close modal SHARE WITH YOUR FRIENDS 4 Most Dangerous and Destructive Ransomware Groups of 2022 Check out this article I found on TechRepublic. Your email has been sent Share: 4 Most Dangerous and Destructive Ransomware Groups of 2022 By Lance Whitney Lance Whitney is a freelance technology writer and trainer and a former IT professional. He's written for Time, CNET, PCMag, and several other publications. He's the author of two tech books--one on Windows and another on LinkedIn. * | * See all of Lance's content * International * Security EDITOR'S PICKS * Abstract polygonal lamp on digital background. Idea and innovation concept. 3D Rendering TechRepublic Premium TECHREPUBLIC PREMIUM EDITORIAL CALENDAR: POLICIES, CHECKLISTS, HIRING KITS AND GLOSSARIES FOR DOWNLOAD TechRepublic Premium content helps you solve your toughest IT issues and jump-start your career or next project. TechRepublic Staff Published: November 1, 2023, 4:30 AM EDT Modified: November 1, 2023, 5:27 AM EDT Read More See more TechRepublic Premium articles * Image: 2ragon/Adobe Stock Artificial Intelligence 7 BEST AI ART GENERATORS OF 2023 This is a comprehensive list of the best AI art generators. Explore the advanced technology that transforms imagination into stunning artworks. Madeline Clarke Published: September 13, 2023, 8:10 AM EDT Modified: October 26, 2023, 3:38 PM EDT Read More See more Artificial Intelligence articles * Image: fullempty/Adobe Stock Payroll THE BEST CHEAP PAYROLL SERVICES FOR 2023 Find the perfect payroll service for your business without breaking the bank. Discover the top cheap payroll services, features, pricing and pros and cons. Kylie McQuarrie Published: October 3, 2023, 10:47 PM EDT Modified: November 21, 2023, 4:18 PM EST Read More See more Payroll articles * Image: NordVPN Cloud Security NORDVPN REVIEW (2023): PRICING, SECURITY & PERFORMANCE Is NordVPN worth it? How much does it cost and is it safe to use? Read our NordVPN review to learn about pricing, features, security, and more. Luis Millares Published: September 28, 2023, 12:17 PM EDT Modified: October 19, 2023, 11:09 AM EDT Read More See more Cloud Security articles * Image: Nuthawut/Adobe Stock Project Management 10 BEST FREE PROJECT MANAGEMENT SOFTWARE & TOOLS FOR 2023 Free project management software provides flexibility for managing projects without paying a cent. Check out our list of the top free project management tools. Ali Azhar Published: October 5, 2023, 7:56 AM EDT Modified: November 21, 2023, 5:04 PM EST Read More See more Project Management articles * Image: ArtemisDiana/Adobe Stock Cloud CLOUD STRATEGIES ARE FACING A NEW ERA OF STRAIN IN AUSTRALIA, NEW ZEALAND Australian and New Zealand enterprises in the public cloud are facing pressure to optimize cloud strategies due to a growth in usage and expected future demand, including for artificial intelligence use cases. Ben Abbott Published: September 12, 2023, 11:21 AM EDT Modified: October 26, 2023, 2:32 PM EDT Read More See more Cloud articles TECHREPUBLIC PREMIUM * TechRepublic Premium SECURITY RISK ASSESSMENT CHECKLIST Organizations, regardless of size, face ever-increasing information technology and data security threats. Everything from physical sites to data, applications, networks and systems are under attack. Worse, neither an organization nor its managers need to prove prominent or controversial to prove a target. A security risk assessment should be performed annually, if not quarterly. Consider using ... Published: November 23, 2023, 4:00 PM EST Modified: November 24, 2023, 10:00 AM EST Read More See more TechRepublic Premium articles * TechRepublic Premium CLOUD STORAGE MANAGEMENT CHECKLIST Whether your organization uses Amazon S3, Dropbox, iCloud, OneDrive or another option, cloud data storage services enable collaboration, simplified governance and compliance responsibilities and provide built-in off-site backup advantages. Cloud storage accounts require regular administration and maintenance. As a best practice, someone should regularly review the organization’s file storage accounts. There’s much to remember. Periodic ... Published: November 22, 2023, 4:00 PM EST Modified: November 23, 2023, 9:00 AM EST Read More See more TechRepublic Premium articles * TechRepublic Premium HIRING KIT: VIDEO GAME PROGRAMMER Coding a digital video game not only requires a thorough knowledge of programming language, it also requires a deep understanding of the game engine, the APIs and the creative assets that will eventually inhabit the game being produced. Successfully applying all of these skills requires exceptional attention to detail and an inherent ability to collaborate ... Published: November 22, 2023, 4:00 PM EST Modified: November 23, 2023, 9:00 AM EST Read More See more TechRepublic Premium articles * TechRepublic Premium QUICK GLOSSARY: BLOCKCHAIN Blockchain systems are part of a trend that is moving the internet-of-information era into an internet-of-value era, where assets — and asset ownership — can be transferred instantly and with absolute confidence. Whether you’re a recent hire at an IT department help desk or the CEO of a Fortune 100 company, you need to know ... Published: November 22, 2023, 4:00 PM EST Modified: November 23, 2023, 9:00 AM EST Read More See more TechRepublic Premium articles SERVICES * About Us * Newsletters * RSS Feeds * Site Map * Site Help & Feedback * FAQ * Advertise * Do Not Sell My Information * Careers EXPLORE * Downloads * TechRepublic Forums * Meet the Team * TechRepublic Academy * TechRepublic Premium * Resource Library * Photos * Videos * Editorial Policy * TechRepublic * TechRepublic on Twitter * TechRepublic on Facebook * TechRepublic on LinkedIn * TechRepublic on Flipboard © 2023 TechnologyAdvice. All rights reserved. * Privacy Policy * Terms of Use * Property of TechnologyAdvice CLOSE CREATE A TECHREPUBLIC ACCOUNT Get the web's best business technology news, tutorials, reviews, trends, and analysis—in your inbox. Let's start with the basics. Already registered? 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