Renowned cybersecurity firm ‘Symantec’ has successfully blocked a ransomware attack by a group of hackers known for demanding payment in Bitcoin [BTC] directed at 30 United States – based firms and Fortune 500 firms.
In line with the announcement revealed by the cybersecurity firm claims that the Evil Group, the renowned malware group behind the attacks, targeted the IT infrastructures of the firms. Still, the businesses were alerted in time to stop deployment of the ransomware. The group used the ransomware WastedLocker and managed to breach the safety of the victims’ networks and unsuccessfully attempted to laying the basis for staging the attacks.
Huge Ransom Payments In Bitcoin
As reported earlier, a recent study published by the cybersecurity firm Fox-IT, a division of NCC Group, warned about the attack of an Evil Group’s cyber- criminal activities, after a brief period of going quiet.
The gang is well-known for asking its victims to pay huge ransom payments in crypto assets like Bitcoin [BTC]. There are certain reports that the group had been posing for a combined total of $10 USD from an anonymous number of United States firm’s that were recently attacked.
Symantec’s Targeted Attack Cloud Analytics team first detected the initial stages of WastedLocker attacks by counting on advanced machine learning to identify patterns of activity associated with recent targeted attacks.
Evil Group targeted 31 firms within the blocked attack, one among the firms is a United States – based subsidiary of a foreign multinational.
Manufacturing Sectors Most Affected
Symantec didn’t identify the intended victims but the cybersecurity firm’s report said the manufacturing sector was most affected, as the gang targeted five organizations associated with that industry.
In line with Symantec, had the attackers not been disrupted, “successful attacks could have led to several millions in damages, downtime, and a possible consequences on supply chains.”
Earlier also, Evil Group had halted its operations until January 2020 due to the indictment of alleged members, Igor Olegovich Turashev and Maksim Viktorovich Yakubets.