1/18/2024 0 Comments Fancy lazarus group![]() The ransom demand varies between targets and seems to be adjusted to a target’s reputation and size. Each day after the deadline passes without payment increases that fee. In their letters, the extortionists give their victims seven days to buy the Bitcoin and pay the ransom before they start their DDoS attacks. ![]() In recent weeks, Radware has been monitoring an increase of activity from a threat actor calling himself Fancy Lazarus targeting organizations with assets that were supposedly not adequately protected and inviting them to pay a ransom rather than endure devastating DDoS attacks. Lately, Radware has identified an increase in emergency onboardings from new customers that have had DDoS ransomware threats. ![]() This earlier campaign turned out to be one of the most extensive and longest-running DDoS extortion campaigns in history. Less than a year ago, a Ransom DDoS threat actor posing as “Fancy Bear" and "Lazarus Group” was targeting specific industries such as finance, travel and e-commerce organizations and was blind to whether these organizations had DDoS protection or not. MAHWAH, N.J., J(GLOBE NEWSWIRE) - Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, published a cybersecurity alert warning that Fancy Lazarus, a well-known distributed denial of service (DDoS) extortionist, has resurfaced with a new campaign focused on organizations with unprotected assets across all sizes of companies in all industries.
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