Meow ransomware group has quickly risen to become the second most active cybercrime gang, capturing nine percent of global ransomware attacks due to a strategic shift in operations.
Initially a ransomware-as-a-service operation, Meow has transitioned to pure data theft, offering victims a choice between non-exclusive and exclusive payment for data access.
Victims pay either lower prices for shared access to stolen data or significantly higher for 'exclusive' rights, a tactic that raises questions about trust in the operational structure of these cybercriminals.
The shift from traditional extortion to a focus on selling stolen data signals a growing trend among ransomware groups, with Meow’s methods reflecting a broader evolution in cybercrime strategies.
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