New Ransomware "Black Basta" in the Wild

FortiGuard Labs is aware of a new ransomware variant called "Black Basta" discovered in the wild. The ransomware employs a double-extortion tactic in which it encrypts files and exfiltrates confidential information from the victim, then demands a ransom for decrypting the affected files and threatens to publicize the exfiltrated data if a ransom is not paid.Black Basta ransomware is reported to have victimized several organizations in multiple countries.Why is this Significant?This is significant because Black Basta is a new ransomware …

black basta ransomware