This Month in Cybersecurity - May Edition

Over 500 Organizations Hit By Ransomware

Identified in April of 2022, the organization known as Black Basta has hit more than 500 organizations globally, according to warnings put out by multiple United States government departments, including CISA and the FBI. The group operates under a Ransomware-as-a-Service (RaaS) business model and works with affiliates to conduct cyberattacks and deploy malware against victim organizations while taking a percentage of the ransom payment in exchange.

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