BlackSuit Ransomware Gang: Demanding $500 Million with Outlandish Audacity

BlackSuit ransomware gang is making headlines with their audacious $500 million demands. Known for their willingness to negotiate, this rebranded group is behind over 350 attacks since September 2022. Law enforcement agencies warn that BlackSuit, a successor to Royal ransomware, is not just asking for…

Hot Take:

Who needs the lottery when you can just become a ransomware hacker? BlackSuit is out here asking for $500 million like they’re ordering a large pizza with extra toppings. Somebody tell them their demands are more inflated than a beach ball at a Nickelback concert!

Key Points:

  • BlackSuit ransomware gang is demanding ransoms as high as $500 million USD.
  • Victims are asked for ransom amounts ranging from $1 million to $60 million USD.
  • BlackSuit is believed to be a rebrand of the Royal ransomware group.
  • The group has been active since September 2022 and has attacked over 350 organizations.
  • BlackSuit is thought to be the successor to the notorious Conti cybercrime group.

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