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Evil Corp switches to Hades ransomware to evade sanctions

Hades ransomware has been linked to the Evil Corp cybercrime gang who uses it to evade sanctions imposed by the Treasury Department’s Office of Foreign Assets Control. Evil Corp (aka the Dridex gang or INDRIK SPIDER) has been active since at least 2007. The U.S. Treasury Department sanctioned Evil Corp members in December 2019 after being charged for causing over $100 million in financial damages. Their victims face a tricky situation if they want to pay Evil Corp’s ransom as they would also violate the sanctions.

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