skip to content
Decrypt LOL

Get Cyber-Smart in Just 5 Minutes a Week

Decrypt delivers quick and insightful updates on cybersecurity. No spam, no data sharing—just the info you need to stay secure.

Read the latest edition

FunkSec Ransomware Group Emerges as Cyber Threat

/ 1 min read

🤖💻 FunkSec ransomware group emerges as a significant threat in late 2024. The FunkSec group quickly gained notoriety by claiming over 85 victims in December, utilizing AI-assisted malware development that allows even inexperienced actors to create advanced tools. Their operations blur the lines between hacktivism and cybercrime, raising questions about their true motivations and the authenticity of their data leaks, which often recycle information from previous campaigns. FunkSec employs double extortion tactics and offers low ransom demands, attracting attention in cybercrime forums. This case underscores the evolving threat landscape, where accessible technology enables low-skill actors to exert considerable influence, complicating threat assessments that rely on the groups’ own claims.

Source
{entry.data.source.title}
Original