February 19, 2024 at 09:05AM
The ALPHV/BlackCat ransomware group claims responsibility for cyber attacks on Prudential Financial and LoanDepot, with potential involvement in the recent cybersecurity incidents. The group threatens data disclosure if ransom demands aren’t met, following the double extortion model. Authorities struggle to contain the group, which continues to conduct major attacks despite previous takedown attempts.
From the meeting notes, it can be summarized that the ALPHV/BlackCat ransomware group has claimed responsibility for attacks on both Prudential Financial and LoanDepot. The group has made a series of allegations against the victims, including claims of storing stolen data and false regulatory filings by Prudential Financial. The advice from CISA and the FBI is to not pay ransom demands to cybercriminals, as it can lead to further consequences such as data disclosure. The ALPHV group has evaded law enforcement attempts and has continued to carry out attacks, including an alleged breach of Canada’s Trans-Northern Pipelines. Additionally, the US has announced a maximum total reward of $15 million for information leading to the identification or location of ALPHV leadership members and/or their arrest.