There's a new ransomware player on the scene: the 'BlackLock' group has become one of the most prolific operators in the cyber crime industry - and researchers warn it's only going to get worse for potential victims

The BlackLock ransomware group, also known as El Dorado, is surging in the Ransomware as a Service (RaaS) ecosystem, having been ranked as the seventh most active group. Security firm ReliaQuest has released findings highlighting BlackLock's remarkable 1,425% growth in activity since Q3 2024, predicting it could become the leading ransomware group by 2025. Notable for its double extortion tactics, BlackLock encrypts data and steals sensitive information to pressure victims. Its innovative leak site complicates breaches assessment, heightening urgency for victims to comply with ransom demands.

The BlackLock ransomware group leverages double extortion tactics and a unique leak site, contributing to its rapid rise in the Ransomware as a Service ecosystem.

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