HC3: Analyst Note: Royal Ransomware

December 07, 2022 TLP:CLEAR
Report: 202212071400

Executive Summary
Royal is a human-operated ransomware that was first observed in 2022 and has increased in appearance. It has demanded ransoms up to millions of dollars. Since its appearance, HC3 is aware of attacks against the Healthcare and Public Healthcare (HPH) sector. Due to the historical nature of ransomware victimizing the healthcare community, Royal should be considered a threat to the HPH sector.

Royal ransomware was first observed in September 2022. Once infected, the requested demand for payment has been seen to range anywhere from $250,000 U.S. Dollars (USD) to over $2 million USD.

Royal is an operation that appears to consist of experienced actors from other groups, as there have been observed elements from previous ransomware operations. While most of the known ransomware operators have performed Ransomware-as-a-Service, Royal appears to be a private group without any affiliates while maintaining financial motivation as their goal. The group does claim to steal data for double-extortion attacks, where they will also exfiltrate sensitive data.

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