Fresh warning issued over encryption-less ransomware as notorious threat group shifts tactics

"This continues to be a major trend we have seen through 2024, where 94% of all ransomware now focuses on data exfiltration. This is not a surprise given the value of intellectual property, customer and personal data," he explained.

"Data exfiltration allows criminals to leverage multiple pathways to secure payment from direct extortion of the victim or the subject of the data themselves. Even if the victims pay there is considerable evidence this is never deleted, but rather traded on the Dark Web for years to come."

"Moving away from encryption saves hackers time and helps avoid detection," said Muhammad Yahya Patel, highlighting the tactical shift in ransomware operations.

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