Mallox ransomware activities in 2023 have witnessed a 174% increase when compared to the previous year, new findings from Palo Alto Networks Unit 42 reveal.
“Mallox ransomware, like many other ransomware threat actors, follows the double extortion trend: stealing data before encrypting an organization’s files, and then threatening to publish the stolen data on a leak site as leverage to convince victims to pay the ransom fee,” security researchers Lior Rochberger and Shimi Cohen said in a new report shared with The Hacker News.
Mallox is linked to a threat actor that’s also linked to other ransomware strains, such as TargetCompany, Tohnichi, Fargo, and, most recently, Xollam. It first burst onto the scene in June 2021.
images from Hacker News
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