Breaking News: FBI Seizes Radar/Dispossessor Ransomware Gang's Servers | Rare Win for Law Enforcement
The FBI announced on Monday that it successfully seized the servers of a notorious ransomware and extortion gang known as Radar, also referred to as Dispossessor. This move comes as a significant victory for the FBI, as well as other global law enforcement agencies, who have been struggling to combat the escalating threat posed by ransomware attacks.
According to a statement released by the FBI's Cleveland field office, the gang's domains and servers, located in the United Kingdom and Germany, were confiscated. Radar/Dispossessor has targeted at least 43 victim companies since its inception in August 2023.
The FBI revealed that the group, led by a ringleader known as "Brain," would exploit vulnerabilities in a company's systems, steal large amounts of data, and encrypt the company's data. They would then demand a ransom in exchange for releasing the data and threaten to expose it if the ransom was not paid – a tactic commonly used by extortion gangs, known as "double extortion."
In conclusion, the takedown of the Radar/Dispossessor gang's servers is a significant step towards combating cybercrime and protecting businesses from falling victim to ransomware attacks. It serves as a reminder of the importance of cybersecurity measures and the need for businesses to stay vigilant against such threats. Stay informed and stay safe!