Iranian-Backed Pay2Key Ransomware Resurfaces with 80% Profit Share for Cybercriminals
Briefly

Pay2Key, a ransomware group linked to Iranian interests, has resurfaced amid geopolitical tensions, offering increased profit shares to affiliates attacking Israel and the U.S. Now under the name Pay2Key.I2P, it has claimed over 51 ransom payouts amounting to over $4 million. The group is associated with the Fox Kitten hacking group and operates on the Invisible Internet Project infrastructure. Its activities reflect both financial incentives and a potential ideological agenda aimed at waging cyber warfare against specified targets.
"Officially, the group offers an 80% profit share (up from 70%) to affiliates supporting Iran or participating in attacks against the enemies of Iran, signaling their ideological commitment."
"Pay2Key.I2P appears to partner with or incorporate Mimic's capabilities, linking it to the notorious Fox Kitten APT group and closely tied to the well-known Mimic ransomware."
Read at The Hacker News
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