Earlier this month, a report surfaced that former ransomware group Conti had split up, with many members of the collective joining or creating new adversary factions and why that made these former members more dangerous than ever. As of today, this may have become a reality. A new ransomware group by the name of Black Basta has become notable in the ransomware game, having formed in April 2022 and believed to be made up of former Conti and REvil members.
The current members of Conti dispute sharing any involvement with the new group however, saying that the Black Basta group are simply “kids” according to Conti’s hacking forum.
Findings released today by XDR company Cybereason detail the activities of this new gang, along with ways that both companies and individuals can attempt to remain safe against the activities of this newly-formed group.