Black Basta ransomware operation nets over $100M from victims in less than two years

The Black Basta ransomware group has reportedly generated upwards of $100 million in revenue since it started operations in April 2022. Joint research from Corvus Insurance and blockchain analysis company Elliptic estimates the crew has scooped up at least $107 million in criminal proceeds after analyzing payments made to its known cryptocurrency wallet addresses.

Source: The Register

 


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