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08/02/2021

BlackMatter rises from the ashes of notorious cybercrime gangs to pose new ransomware threat

State of Security

A new ransomware gang that calls itself BlackMatter has launched itself on the dark web, and is actively attempting to recruit criminal partners and affiliates to attack large organisations in the United States, UK, Canada, and Australia.

As experts at Recorded Future describe, the BlackMatter gang is advertising for “initial access brokers” – individuals who can gain unauthorised access to enterprise networks, which can then be infected by ransomware.

For such access, BlackMatter is prepared to pay up to $100,000 for exclusive access to an organisation’s network upon which they can deploy ransomware and exfiltrate data.

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