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Ransomware Gang Failed to Deploy an Attack Against 30 US Firms

Published 06/27/2020, 08:00 PM
Updated 06/28/2020, 10:00 PM
Ransomware Gang Failed to Deploy an Attack Against 30 US Firms

Cybersecurity firm Symantec (NASDAQ:NLOK) blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies.

The announcement published by the cybersecurity firm claims that the Evil Group, the malware gang behind the attacks, targeted the IT infrastructures of the firms. Still, the companies were alerted in time to prevent deployment of the ransomware. The group used the ransomware WastedLocker and managed to breach the security of the victims' networks and unsuccessfully attempted to laying the ground for staging the attacks.

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That's about the only real life use case for bitcoin, fraud, extortion and illegal gun/drug trade
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