DragonForce ransomware group announces its forming a hacking cartel

The DragonForce ransomware group is making waves by rebranding itself as a “cartel” and innovating its business model. This move falls under the emerging trend of ransomware-as-a-service (RaaS), where the group’s infrastructure will be available for other hacking outfits to wield under their own names.

Source: Mashable

Key Points

  • DragonForce is transitioning to a distributed model, allowing other groups to white label its tools.
  • This approach enables less technical affiliates to use advanced ransomware tools with ease.
  • Get ready: DragonForce will charge affiliates 20% of the ransoms collected.
  • The cartel offers management systems, file storage, and 24/7 server monitoring support.
  • Despite their criminal activities, they claim to avoid targeting specific healthcare organisations.

Why should I read this?

This article is essential reading for those concerned about cybersecurity. With the rise of RaaS, the landscape of cybercrime is growing more sophisticated and potentially threatening to many industries. Understanding these developments is crucial for individuals and organisations alike to bolster their defences against cyber threats.