New Black Basta ransomware springs into action with a dozen breaches

Lawrence Abrams reports:

A new ransomware gang known as Black Basta has quickly catapulted into operation this month, breaching at least twelve companies in just a few weeks.

The first known Black Basta attacks occurred in the second week of April, as the operation quickly began attacking companies worldwide.

While ransom demands likely vary between victims, BleepingComputer is aware of one victim who received over a $2 million demand from the Black Basta gang to decrypt files and not leak data.

Read more at BleepingComputer.

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