Meow Ransomware Group’s Purr-fect Surge: Will Data Theft Tactic Pay Off?

The Meow ransomware group has clawed its way to the second most active gang spot after a major brand overhaul. Swapping encryption for pure extortion, Meow’s new tactic is selling stolen data to the highest bidder. Will this “Cl0p” strategy pay off, or is it…

Hot Take:

If you thought Meow was just a cute sound from a furry friend, think again! The Meow ransomware group has clawed its way to the top, pouncing ahead of most rivals. They’ve traded in their encryption tools for a good old-fashioned data shakedown. These cybercats are now selling your prized data like overpriced catnip. But will this new trick really pay off, or is it just a hissy fit for attention?

Key Points:

  • Meow ransomware has surged to become the second most active ransomware group.
  • The group has shifted from encrypting files to pure data theft and extortion.
  • Victims can pay for either non-exclusive or “exclusive” access to their stolen data.
  • RansomHub is currently the top ransomware group, overtaking previous leaders.
  • Experts doubt if Meow’s new strategy will be profitable in the long term.

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