Ransomware gang BlackSuit hit with major takedown after targeting 450 U.S. victims
The BlackSuit ransomware organization, which for years has extorted U.S. hospitals, critical infrastructure, and businesses, has taken a major hit under a U.S.-led, global law enforcement operation that seized the criminal group’s servers and assets, the Department of Justice (DOJ) said Monday.
BlackSuit, previously known as the Royal Ransomware group, has since 2022 extorted at least 450 U.S. business and institutional victims of a total of $370 million, according to the U.S. Cybersecurity & Infrastructure Security Agency.
BlackSuit victims have included manufacturers, energy entities, government offices, health care, and other businesses and services.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
ArticleRussian web company that hosted LockBit ransomware sanctioned
Two Russian web-hosting services that provide cover for ransomware operators, including Lockbit, have been sanctioned by the U.S. Treasury’s OFAC and international partners.
-
ArticleFraud, money laundering, and sanctions prompt global regulators to increase scrutiny of law firms
Legal firms face growing global regulatory pressure, requiring compliance managers to focus on integrated systems, identity verification, and staff training to prevent crime and penalties.
-
PremiumThree TPRM myths worth busting
There are stories we tell ourselves in third-party risk management (TPRM) to make ourselves feel better about the corners we cut.
More from Regulatory Enforcement
-
ArticleFrench investigators target anticompetitive practices in largest accounting firms
Major accountancy firms in France are under investigation for anti-competitive practices. The French competition watchdog embarked on a series of “unannounced inspections” and removed documents relating to audit and reporting on Jan. 13.
-
ArticleEU investigation into Grok may expose problems with DSA rather than compliance failings
The European Commission has launched a formal investigation against Elon Musk’s X under the Digital Services Act over fears that its AI tool Grok may be producing and disseminating illegal material.
-
ArticleFormer ADM execs inflated operating profits, SEC alleges
Three former executives at Archer-Daniels-Midland intentionally misled investors by inflating the performance of the company’s Nutrition unit, the U.S. Securities and Exchange Commission has alleged.