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BlackMatter Claims to Shut Ops; Experts Suspect Rebranding

Ransomware-as-a-service provider BlackMatter has ceased operations due to pressure from local authorities, researchers say. Cybersecurity expert: “This looks like a classic rebranding or splintering” Cybersecurity analyst: RaaS groups are likely to see them reappear in the near future. Experts suspect an affiliate of the group uses a custom data exfiltration tool for its attacks. The group is believed to be a reincarnation of the defunct DarkSide ransomware gang, which targeted Colonial Pipeline Co. in May.”]

Source: https://www.cuinfosecurity.com/blackmatter-claims-to-shut-ops-experts-suspect-rebranding-a-17848

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