Ransomware on the Rise

Ransomware is on the rise again. A recent industry report found that ransomware attacks increased by 150% in the last year, while blockchain research firm Chainalysis saw a 311% increase, year on year, to the end of 2020 in the number of actual ransomware attacks. Ransomware is also a growing concern in the Middle East region, as attack frequency and sophistication rose significantly since last year.

From Wiper to Ransomware: The Evolution of Agrius

A new threat actor SentinelLabs tracked as Agrius was observed operating in Israel starting in 2020. Initially engaged in espionage activity, Agrius deployed a set of destructive wiper attacks against Israeli targets, masquerading the activity as ransomware attacks. The attacks were carried out using DEADWOOD (aka Detbosit), a wiper with unconfirmed links to an Iranian threat group.

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