Due to its competency and prolific activity — the group targeted 20 institutions in its first two weeks of existence — HC3 analysts say that Black Basta may be a rebrand of the Russian-speaking ransomware group Conti.
The group employs a double extortion method to steal data from healthcare institutions, according to a March 15 HC3 alert.
“Black Basta’s high-volume attacks in 2022 suggest that they will continue to attack and extort organizations,” the HC3 report said. “As ransomware as a service threat groups become more prolific, healthcare organizations should remain vigilant and strengthen their defenses against ransomware attacks. Organizations can take several multilayered actions to minimize their exposure to and the potential impact of a ransomware attack.”
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