CyberNews Briefs

Post GandCrab, Cybercriminals Scouring the Dark Web for the Next Top Ransomware

A recent study by Recorded Future found that the retirement of the GandCrab ransomware group earlier this year has created a ransomware demand vacuum on underground forums. The study indicates that around half of posts on underground forums are from cybercriminals looking for an alternative to the GandCrab ransomware-as-a-service solution. At the same time, malware developers are trying to meet the demand by distributing new ransomware strains.

Winnona DeSombre of Recorded Future told Threatpost that a large number of threat actors are interested in ransomware, but they “don’t know where to look,” especially because “since GandCrab has retired… there’s not really a vendor that has reached that level of popularity yet.” DeSombre is worried about “what vendor will emerge as the new primary ransomware vendor.”

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