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BlackCat (ALPHV) ransomware linked to BlackMatter, DarkSide gangs

Ransomware-as-a-Service (RaaS) operations are run as a RaaS, where core developers are in charge of developing the infection and managing servers. Core developers earn between 10-30% of a ransom payment, while affiliates are recruited to breach corporate networks and conduct attacks. ALPHV/BlackCat/ALPHV is a feature-rich ransomware operation launched in November 2021 and developed in the Rust programming language. BlackCat is highly customizable, with different encryption methods and options for attacks on a wide range of corporate environments.”]

Source: https://www.bleepingcomputer.com/news/security/blackcat-alphv-ransomware-linked-to-blackmatter-darkside-gangs/

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