‘Ransomware will dominate the cybercrime landscape’: Anil Valluri

Ransomware Evil or REvil is one of the latest Ransomeware-as-a-service (RaaS) operators: Palo Alto Networks

Cyberthreats are evolving rapidly and becoming more sophisticated and complex. Operators leverage real-world events to deceive individual victims, enterprises and governments all over the globe, including in India, says regional VP – India and SAARC, Palo Alto Networks. Excerpts: Ransomware Evil, REvil or Sodinokibi, a ransomware-as-a-service (RaaS) operation has emerged as one of the world’s most notorious and latest ransomware operators. This criminal group provides adaptable encryptors and decryptors, infrastructure and services for negotiation communications, and a leak site for publishing stolen data when victims don’t pay the ransom demand. As per our observation of cases, REvil and its affiliates pulled in an average payment of $2.25 million during the first six months of 2021.