New Ransomware gang steals about 200GB of data from Game Developer

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    A newly emerging ransomware group named Mogilevich has purportedly breached the servers of Epic Games, an American game developer, making off with approximately 200GB of data. Reports indicate that the cybercriminal outfit has set a deadline of March 4th for the victim to meet their ransom demands.

    Failure to comply will result in Mogilevich threatening to publicly disclose the pilfered 189GB of data, which includes sensitive information such as emails, passwords, full names, payment details, and source code related to the company’s products, on the dark web for a price of 50BTC.

    Adding to the intrigue, a spokesperson purportedly representing the Mogilevich Ransomware group has taken to social media channels, advocating for ransomware-for-hire operations to bolster their illicit business endeavors.

    Epic Games, renowned for its popular title Fortnite, finds itself as the fourth target of this particular ransomware syndicate, following the recent cyber-attack on Infinity USA, a subsidiary of Nissan, on February 20, 2024. Allegedly operating in Russian-speaking circles, Mogilevich is believed to have connections to the Rhysida Ransomware group, implicated in the 2023 hack of Insomniac Games.

    The unscrupulous nature of ransomware actors underscores their singular pursuit of financial gain, displaying little regard for ethical considerations. Their indiscriminate targeting spans across various sectors such as healthcare, defense, manufacturing, and finance, causing significant disruptions to companies for whom data serves as a vital asset.

    Of late, these cybercriminal groups, particularly those fluent in the Russian language, have shifted their focus towards cloud-based enterprises and entities involved in gaming and software development. Such entities are seen as lucrative targets, with the infiltration of their systems promising substantial monetary returns.

    This incident unfolds amidst Disney’s announcement of a hefty $1.5 billion investment in the game development and distribution company. Epic Games had previously pledged to re-enter the iOS market in Europe by September 2024.

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    Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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