Clop Ransomware Returns: 21 Victims Suffer Cyberattack

Share post:

Clop ransomware gang has returned to the ransomware threat landscape a few months after shutting down its operations between November and February.

The activities of the ransomware group became noticeable after it had added 21 new victims to its data leak site in just one month (April).

Clop’s most targeted sector was the industrial sector. 45% of Clop ransomware attacks target industrial organizations, while 27% target technology companies.

“CLop had an explosive and unexpected return to the forefront of the ransomware threat landscape, jumping from the least active threat actor in March to the fourth most active in April. There were notable fluctuations in threat actor targeting in April. While Lockbit 2.0 (103 victims) and Conti (45 victims) remain the most prolific threat actors, victims of CLoP increased massively, from 1 to 21,” NCC Group explained.

Clop ransomware deals in the exfiltration of large amounts of data from high-profile companies using Accellion’s legacy File Transfer Appliance (FTA). The stolen data are later used as leverage to blackmail the compromised companies, whereby they are forced to pay high ransom demands to prevent their data from leaking online.

There is speculation that the recent actions of the Clop gang are part of the process of finally shutting down their operations after a long period of inaction.

The sources for this piece include an article in BleepingComputer.

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for week ending Friday May 17, 2024

Welcome to Cyber Security Today. This is the Week in Review for the week ending Friday, May 17th,...

Cyber Security Today, May 17, 2024 – Malware hiding in Apache Tomcat servers

Malware hiding in Apache Tomcat servers, new backdoors found, and more Welcome to Cyber Security Today. It's Friday, May...

MIT students exploit blockchain vulnerability to steal 25 million dollars

Two MIT students have been implicated in a highly sophisticated cryptocurrency heist, where they reportedly exploited a vulnerability...

Microsoft’s AI success may spell defeat for it’s climate goals

Microsoft's ambitious strides in AI technology are now posing a significant challenge to its own climate goals, as...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways