FBI: Ransomware targets companies during mergers and acquisitions


The Federal Bureau of Investigation (FBI) warns that ransomware gangs are targeting companies involved in “time-sensitive financial events” such as corporate mergers and acquisitions to make it easier to extort their victims.

In a private industry notification published on Monday, the FBI said ransomware operators would use the financial information collected before attacks as leverage to force victims to comply with ransom demands.

“The FBI assesses ransomware actors are very likely using significant financial events, such as mergers and acquisitions, to target and leverage victim companies for ransomware infections,” the federal law enforcement agency said.

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Source: Bleeping Computer