Data Privacy + Cybersecurity Insider - June 2022 - #3

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CYBERSECURITY -

Karakurt Extortion Group Auctions Data for Ransom -

On June 2, 2022, CISA (the Cybersecurity and Infrastructure Security Agency), the FBI, the Department of the Treasury and the Financial Crimes Enforcement Network issued a joint Cybersecurity Alert warning companies of the Karakurt Team/Karakurt Lair extortion group, which has “employed a variety of tactics, techniques, and procedures (TTPs), creating significant challenges for defense and mitigation.” According to the Alert, the group does not encrypt data for ransom, but instead steals data, then threatens to auction it off or release it to the public for ransoms ranging from $25,000 to $13,000,000 in Bitcoin.

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