Hackers use ransomware to encrypt victims’ files and demand payment (usually in cryptocurrency) for the decryption key.  This malicious tactic allows them to extort money from the following entities by exploiting vulnerabilities in their digital systems:- Individuals Businesses Organizations In May 2023, this new ransomware variant appeared for the first time and has been actively targeting several industries across the world. In recent campaigns, this new ransomware has targeted several organizations from the following sectors, reads FourCore report.

Source: GBHackers