Industry News: Cyber

Kaspersky Finds Lazarus is Now Operating its Own Ransomware

Written by Cybersecurity | Jul 31, 2020 6:48:59 PM

2020-07-28

Kaspersky: Incident analysis by Kaspersky of two cases in Europe and Asia has uncovered that VHD ransomware – first discussed in public in spring 2020 – is owned and operated by Lazarus, a prominent APT group. The move by Lazarus to create and distribute ransomware signifies a change of strategy and indicates a willingness to engage in big game hunting in pursuit of financial gain, which is highly unusual among state-sponsored APT groups.

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