Risk and reward: Nefilim ransomware gang mainly targets fewer, richer companies and that strategy is paying off, warns Trend Micro

Risk and reward: Nefilim ransomware gang mainly targets fewer, richer companies and that strategy is paying off, warns Trend Micro

The Nefilim ransomware gang might not be the best known or most prolific online extortion crew but their penchant for attacking small numbers of $1bn+ turnover firms is paying off, according tot he latest research.


The crew has made comparatively fewer headlines next to better-known criminals such as Darkside, perpetrators of the infamous US Colonial Pipeline attack, but analysis from security shop Trend Micro has shown the crooks appear to be going for big companies in the hope of extracting correspondingly big payouts.


"Of the 16 ransomware groups studied from March 2020 to January 2021, Conti, Doppelpaymer, Egregor and REvil led the way in terms of number of victims exposed – and Cl0p had the most stolen data hosted online at 5TB. However, with its ruthless focus on organizations posting more than $1bn in revenue, Nefilim ex ..

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