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Conti-linked ransomware takes in $107 million in ransoms: Report

30
Nov
2023
Conti-linked ransomware takes in $107 million in ransoms: Report

Black Basta, a ransomware campaign thought to be the brainchild of people linked to the infamous Conti malware gang, has been paid more than $100 million in the past year and a half, infecting 329 known victims.

According to a report published this week by blockchain analytics firm Elliptic, the Black Basta ransomware has attacked targets in a pattern similar to that of the Conti gang, both in terms of regionality and industry. Nearly two-thirds of Black Basta’s attacks have been against US companies, and, like Conti, manufacturing, engineering and construction and wholesale/retail businesses have been the most common targets. Other industries were also targeted, however, including law firms, real estate offices, and more besides.

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