Blog | G5 Cyber Security

Mount Locker Ransomware Offering Double Extortion Scheme to Other Hackers

MountLocker has developed new capabilities that allow it to broaden the scope of its targeting and evade security software. Ransomware-as-a-Service (RaaS) has gained notoriety for stealing files before encryption and demanding ransom amounts in the millions to prevent public disclosure of stolen data, a tactic known as double extortion. To date, the ransomware has claimed five victims, although the researchers suspect the number could be “far greater” A new variant of the ransomware goes further by dropping the list of extensions to be included for encryption in favor of a lean exclusion list.

Source: https://thehackernews.com/2020/12/mount-locker-ransomware-offering-double.html

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