A Closer Look at BlackMagic Ransomware

Originally published by Cyble on December 7, 2022. New Ransomware disrupting Transportation and Logistics Industry in Israel During a routine threat-hunting exercise, Cyble Research and Intelligence Labs (CRIL) came across a new ransomware group named “BlackMagic” ransomware. This ransomware group uses a double extortion technique to target its victims, in which it first exfiltrates the victim’s data, followed by encryption. This group has disclosed details of over ten victims to date, and a...

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