FunkSec Ransomware Group Targets Global Organizations
/ 1 min read
💻🔓 Emerging Ransomware Group FunkSec Targets Global Victims. FunkSec, a newly formed ransomware group, has rapidly gained notoriety since its emergence in December 2024, claiming over 129 victims across 47 countries, with a focus on technology and government sectors. Operating under a Ransomware-as-a-Service model, FunkSec employs double extortion tactics, threatening to leak stolen data unless ransoms are paid, often at lower rates than competitors. The group combines ransomware with hacktivist tools and utilizes AI to enhance their malware development. Despite their inexperience, FunkSec’s aggressive strategies and online presence suggest they could become a significant player in the cybercrime landscape. Organizations are advised to implement robust security measures to defend against such threats.
