Wizard Spider hackers hire cold callers to scare ransomware victims into paying up

Researchers have exposed the inner workings of Wizard Spider, a hacking group that pours its illicit proceeds back into the criminal enterprise.

On Wednesday, PRODAFT published the results of an investigation into Wizard Spider, believed to either be or be associated with the Grim Spider and Lunar Spider hacking groups.

According to the cybersecurity firm, Wizard Spider, likely Russian in origin, runs an infrastructure made up of a “complex set of sub-teams and groups, [..] has huge numbers of compromised devices at its command and employs a highly distributed professional workflow to maintain security and a high operational tempo.”

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Source: ZDNet