Researchers at WithSecure cybersecurity firm have seen two malware attacks against Veeam Backup and Replication servers believed to be initiated by cybercrime group FIN7, also known as Carbon Spider, which has also been linked to Darkside, BlackMatter, and BlackCat/ALPHV ransomware variants.

The WithSecure investigators believe that the attacks may be part of a larger campaign

It’s a cold, hard fact that hackers don’t really care about their victims or their victims’ data or business. They are greedy, evil human beings that just want the money.

The newest trend for hackers is to develop and launch cyber-attacks that deploy destructive malware. This means that when a threat actor infiltrates a business’

Coveware issued its 2021 Q4 Ransomware Report on February 1, 2022. The report stated that although average and median ransom payments increased “dramatically” in Q4, “we believe this change was driven by a subtle tactical shift by Ransomware-as-a-Service (RaaS) operations that reflected the increasing costs and risks” of executing an attack.

Because it is riskier