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BlackMatter ransomware moves victims to LockBit after shutdown

The BlackMatter ransomware gang is shutting down after members have gone missing and increased pressure by law enforcement. Ransomware operators are allowing affiliates to receive decryptors for existing negotiations so that they can continue extorting victims. Affiliate affiliates are moving existing victims to the competing LockBit ransomware site for continued extortion. The gang has also been deleting their presence from Russian-speaking hacking forums and deactivating accounts on hacking forums. With the shutdown, LockBit has become one of the largest and most successful ransomware operations running today.”]

Source: https://www.bleepingcomputer.com/news/security/blackmatter-ransomware-moves-victims-to-lockbit-after-shutdown/

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