Ransomware has evolved from simple digital extortion into a structured, profit-driven criminal enterprise. Over time, it has led to the development of a complex ecosystem where stolen data is not only leveraged for ransom, but also sold to the highest bidder.
This trend first gained traction in 2020 when the Pinchy Spider group, better known as REvil, pioneered the practice of hosting data auctions on the dark web, opening a new chapter in the commercialization of cybercrime. In 2025, contemporary groups such as WarLock and Rhysida have embraced similar tactics, further normalizing data auctions as part of their extortion strategies. By opening additional profit streams and attracting more participants, these actors are amplifying both the frequency and impact of ransomware operations.
Read more…
Source: Rapid7
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- When checking the URL isn’t enough: a Device Code Phishing attack via a Microsoft website
July 6, 2026
One of the most common pieces of anti-phishing advice is to double-check the website’s domain name before providing your credentials. Typically, a fraudulent domain stands out to the trained eye, differing from the official URL by at least a few characters. Recently, however, Kaspersky encountered a campaign where attackers instruct victims to input data directly ...
- Canadian spy agency says it hacked drug traffickers, extremists, and a ransomware gang last year
July 6, 2026
Offering a rare glimpse at the priorities of a top spy organization, Canada’s Communications Security Establishment (CSE) said it conducted a handful of state-authorized hacks last year in order to disrupt the operations of drug traffickers, violent extremists, and a ransomware gang. The disclosures in the Canadian intelligence agency’s annual report underscore some of the main national security ...
- Fake IT bods on Microsoft Teams coax workers into installing malware
July 6, 2026
Cybercriminals are using fake IT support calls on Microsoft Teams to persuade employees to surrender control of their PCs before installing the EtherRAT remote access trojan, according to researchers at Palo Alto Networks’ Unit 42. Victims receive a phishing email disguised as an employee survey before a follow-up Microsoft Teams call from someone claiming to be IT ...
- NetNut cracked as Google and FBI target 2 million-device botnet
July 3, 2026
Tech companies working with US law enforcement “significantly degraded” the NetNut residential proxy network as part of an ongoing effort to disrupt the tools cybercriminals use to conceal their activity, say researchers. The work was carried out by Google, Lumen, Shadowserver, the FBI, and others, and marks a continuation of the IPIDEA proxy network disruption from January. According to Google Cloud, ...
- Verified X ad spreads Mac malware, while ConsentFix steals Microsoft accounts
July 3, 2026
Cybercriminals are finding new ways to trick people into compromising their own devices and accounts. One campaign used a sponsored ad on X to target Mac users, while another technique, dubbed ConsentFix, steals Microsoft 365 accounts without installing malware. Researchers have discovered a ClickFix-style attack running as a sponsored advertisement on X. The ad was posted from a ...
- AdaptHealth says attackers sweet-talked their way into cloud systems and stole patient data
July 3, 2026
AdaptHealth says attackers used social engineering to breach its systems and steal sensitive patient data, including passwords associated with insurance billing. The medical equipment company disclosed the attack to the Securities and Exchange Commission (SEC) on Thursday, noting that attackers accessed internal patient management systems, document storage platforms, and external electronic health record system portals. The attack targeted an ...
