The Ransomware Group Behind The Colonial Pipeline Hack Says It Is Disbanding

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The hackers say police have seized their servers and cryptocurrency as Biden pressures Russia to act.

model provides malware to cybercriminals who hack into targets. The group has provided other services allowing hackers to communicate with victims and demand payment, a service for which DarkSide took up to a quarter of any ransom paid.that the message in which DarkSide announced its intention to shut down appeared to be authentic and the people behind the group would likely follow through on promises to honor its financial obligations to clients.

The ransomware game is certainly not slowing down. On Friday, data from cryptocurrency tracker Chainalysis indicated payments to ransomware attackers rose 337% from 2019 to 2020, hitting $400 million worth of cryptocurrency. In 2021 alone, they’ve accrued more than $81 million from ransoms.leaked 250GB of data from Washington D.C.’s Metropolitan Police Department

I'm associate editor for Forbes, covering security, surveillance and privacy. I'm also the editor of The Wiretap newsletter, which has exclusive stories on real-worldI'm associate editor for Forbes, covering security, surveillance and privacy. I'm also the editor of The Wiretap newsletter, which has exclusive stories on real-world surveillance and all the biggest cybersecurity stories of the week. It goes out every Monday and you can sign up here: https://www.forbes.

 

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