Black Basta, a Russian-speaking ransomware group, has faced significant setbacks due to law enforcement actions and an internal data leak but is expected to resurface. Since its emergence in April 2022, it has extorted hundreds of millions from diverse corporate victims by employing double extortion tactics. Although it has gone dormant recently, experts predict that the group will evolve and continue its operations in different forms due to the lucrative nature of ransomware activities.
We haven't seen the leaders of Black Basta regroup, but they're going to continue to work, they're going to continue to operate. There's still too much money in it not to.
The pecking order of ransomware gangs is always shifting and evolving, with the most aggressive groups netting big payouts from vulnerable targets but often flaming out.
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