Black Basta Ransomware Strikes 500+ Entities Across North America, Europe, and Australia
13-May-24
Black Basta Ransomware has targeted over 500 entities worldwide, employing a double-extortion model and exploiting vulnerabilities like ZeroLogon and PrintNightmare. Its operators are linked to the cybercrime group FIN7, with recent ransomware activities showcasing a spike in Q1 2024. Meanwhile, the ransomware landscape is evolving, witnessing a decline in activity in Q1 2024 and the emergence of new groups like DarkVault and APT73, with victims increasingly refusing to pay the demanded ransom.
