Navigating the Ransomware-Crypto Landscape – OneSafe Blog
It seems that in this ever-evolving landscape of digital assets, ransomware groups like Embargo are finding ways to capitalize on the chaos. With a staggering $34 million collected in crypto ransoms, this particular group is a case study in the new frontier of cybercrime. Let’s take a closer look at what banning ransom payments means, how cryptocurrencies are being weaponized, and what organizations can do to protect themselves.
Who is Embargo?
The Embargo ransomware group has taken the stage as a significant player, operating on a ransomware-as-a-service model. This means they essentially rent their malware out to partners who carry out the actual attacks. It’s a disturbing shift that has allowed them to target major U.S. healthcare…
