A “massive spike in activity” in May and June 2023 has been attributed to the 8Base ransomware threat, which has been active covertly for over a year.
According to researchers at VMware Carbon Black Deborah Snyder and Fae Carlisle, “the group uses encryption combined with ‘name-and-shame’ techniques to compel their victims to pay their ransoms.” “8Base has a pattern of opportunistic compromise with recent victims spanning across various industries,” the report states.
As of May 2023, 8Base had been connected to 67 attacks, according to data obtained by Malwarebytes and NCC Group, with about 50% of the victims working in the commercial services, manufacturing, and construction sectors read more 8Base Ransomware Threatens U.S. and Brazilian Businesses.
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