Ragnar Locker Ransomware strikes a cybersecurity firm

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Ragnar Locker Ransomware, notorious hacking group that spreads file encrypting malware to large-scale organizations, has hit a security firm this time and stole data to prove it’s worth.

The said ransomware group also published on the dark web that it has siphoned some critical data related to the Broomfield based company, a business unit of Subex, and has provided a link to the stolen data assets only accessible via TOR browser.

Subex, a telecom analytics firm, remained silent on the cyber attack and divulged details only after a thorough investigation gets concluded.

Meanwhile, a source holding a high level position in Sectrio- a company that promotes itself as an IoT and 5G network protector stated the incident crippled a portion of its servers working in admin division and hasn’t affected its day-to-day operations, R&D and customer related services.

NOTE- Ragnar Locker is a malware that is found targeting only Windows machines as of now. Recently, it twisted its targeting tactics by warning its victims that they will publish sensitive content on Google if they contact authorities like FBI and will contact their partners and customers if they fail to pay a ransom. Since 2021, the said hacking group that is indulging in double extortion tactics is seen publishing the stolen information on an exclusive blog meant to sell the data of victims who deny/fail to pay the ransom in cryptocurrency within a stipulated time frame.

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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