The development comes amid a sharp uptick in ransomware incidents, in part fueled by the pandemic, with the average ransom payment witnessing a massive 171% gain year-over-year from $115,123 in 2019 to $312,493 in 2020. Law enforcement agencies also announced a reward of up to $5 million for providing information that could lead to their arrest. authorities sanctioned the hacking group and filed charges against Evil Corp's alleged leaders Maksim Yakubets and Igor Turashev for developing and distributing the Dridex banking Trojan to plunder more than $100 million over a period of 10 years. entities, including Garmin, and deploying JabberZeus, Bugat and Dridex to siphon banking credentials.
The attack has been attributed to a new ransomware called 'Phoenix CryptoLocker,' according to a March report from Bleeping Computer, with the strain believed to be an offshoot of WastedLocker and Hades, both of which have been utilized by Evil Corp, a Russian cybercrime network notorious for launching ransomware attacks against several U.S.
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