More than $100 million in ransom paid to Black Basta gang over nearly 2 years

The Black Basta cybercrime gang has raked in at least $107 million in ransom payments since early 2022, according to research from blockchain security company Elliptic and Corvus Insurance. The group has infected more than 329 organizations with ransomware throughout its time operating, and the companies’ analysis of blockchain transactions shows links between Black Basta

basta black basta blockchain corvus insurance cybercrime elliptic gang insurance malware organizations paid payments ransom ransomware research security