Ransomware operators are joining forces - here's what you need to know

INSUBCONTINENT EXCLUSIVE:
Ransomware operators have joined forces and they are now exchanging tactics, intelligence and extorting victims through a shared data leak
platform.Back in November, the operators of the Maze ransomware released the unencrypted data of a victim after they refused to pay its
ransom
data.Other cybercriminals quickly followed suit and now thirteen active ransomware operations have begun to leak stolen data if their
ransoms are not paid.As reported by BleepingComputer, the Maze group has now created their own cartel comprised of other ransomware
operators with the aim of sharing resources and extorting their victims.The cyber intelligence firm KeLa told the news outlet that the group
has added information and files for an international architectural firm to its Maze News site
However, this data was not obtained by the Maze ransomware group buy by another ransomware operation which targets enterprise businesses
called LockBit.BleepingComputer decided to reach out to the operators of the Maze ransomware to learn more about this new collaboration
The group then confirmed that they are indeed working together with LockBit to share their experience and data leak platform, saying:"In a
few days another group will emerge on our news website, we all see in this cooperation the way leading to mutual beneficial outcome, for
both actor groups and companies
Even more, they use not only our platform to post the data of companies, but also our experience and reputation, building the beneficial and
solid future
We treat other groups as our partners, not as our competitors
ransomware cartel soon
Ransomware was already a serious threat to businesses and the fact that these groups are now working together means that we will likely see
them develop even more sophisticated attacks going forward.Via BleepingComputer