Before being shut down last month, the cybercrime gang responsible for the Royal and BlackSuit ransomware operations reportedly compromised hundreds of American businesses, according to the U.S. Department of Homeland Security (DHS).
The cybercriminals also seized more than $370 million from their victims, according to Homeland Security Investigations (HSI), DHS’s primary investigative division, which worked with foreign law enforcement partners to take down the group’s infrastructure.
According to a news release issued by the HSI on Thursday, the Royal and BlackSuit ransomware groups have infected more than 450 known victims in the United States since 2022, including organizations in the public safety, healthcare, education, energy, and government sectors.
Based on current bitcoin valuations, the groups have collectively received about $370 million in ransom payments. In order to further compel payment, the ransomware scams employed double-extortion techniques read more about Royal and BlackSuit ransomware gangs hit over 450 US companies.
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