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Integrity360 comment - BlackCat/ALPHV ransom group

November 2023 by Thomas Barton, Senior IR Analyst, Integrity360

Following the news of the BlackCat/ALPHV ransom group reporting one of its victims to the US Securities and Exchange Commission (SEC), the comment below from Thomas Barton, Senior IR Analyst, Integrity360.

"This shows that Ransomware operations are beginning to reach a maturity level where the responsible threat actors are fully aware of regulations affecting their target sector and are able to use regulatory bodies to enhance the threat of extortion. This highlights the importance of engaging experienced legal and cybersecurity professionals before, during and after an incident who can assist in navigating the complex challenges that such an attack can present."


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