Ransomware crook poses as recovery firm to steal payments from fellow extortionists

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Because apparently even ransomware gangs can't trust the people they do business with

A ransomware affiliate appears to have found a new way to squeeze victims for cash: pose as the good guy and undercut the criminals it was working with.

Researchers at GuidePoint Security say an outfit calling itself "Ransom Busters" has been contacting ransomware victims before their attacks become public, offering to recover encrypted files and delete stolen data for a considerably smaller payment than the original extortion demand.

The catch, according to GuidePoint's Research and Intelligence Team (GRIT), is that Ransom Busters isn't an enterprising band of ransomware hunters at all. The researchers assess with "moderate confidence" that it's a ransomware affiliate working across several ransomware-as-a-service operations and attempting to steer payments away from its criminal partners.

GuidePoint came across Ransom Busters while investigating attacks linked to DragonForce, Settra, and Anubis. The outfit emailed victims claiming it...

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