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February 22, 2024

The FBI’s New Decryption Scrambler & Bounty: Real Estate and Business Beware

Real Estate And Business: The FBI’s Newest Decryption Scrambler And The Bounty Placed On Ransomware Bandits

The FBI got tired of malicious software playing hide and seek in companies’ systems – they’ve cobbled together a marvelous decryption tool to drive away the naughty ALPHV/Blackcat ransomware variant.

These cryptologic cat burglars have been making Bank, Bakery, and Block Realty’s systems look like a cat’s cradle wire. Now, the Feds are prepared to grace anyone with $15 million who can help reel in these cyber desperados.

The Blackcat/ALPHV ransomware has previously grazed banks, real estate companies, and other businesses playing catch-the-mouse with their confidential data.

Guess what? The ransomware might be making a nine-life run for it. Since the big announcement, the shady operators’ activity’s gone quiet. Maybe holed up, counting their ransom, petting their black cat?

This whole drama is a new episode of the eternal “Cops vs Robbers” show, unfolding on the vast fields of international cybercrime.

Hot Take

Alright, ladies and gents, real talk time. It appears the wild west hasn’t vanished; it has merely found new frontiers in cyberspace. In this thrilling sequel, we’re dealing with cyber banditos rustling up sensitive data instead of cattle, and the sheriffs armed with decryption tools instead of six-shooters. A word of caution to all you fine folks in the real estate and banking businesses: keep your firewalls high and your data encrypted. These bandits don’t ride horses – they ride Trojan viruses.

And for you cyber cowboys, the FBI is rolling out dollars, not tumbleweeds, if you fancy playing the hero and snagging that $15 million bounty. So, saddle up and prepare to bring these high-tech hooligans to digital justice. In the end, greed may deliver them into the FBI’s finger-clicking hands, faster than the speed of fiber-optic light. Now wouldn’t that be a wild gigabyte chase? Yee-haw!

Original article: https://www.inman.com/2024/02/21/ransomware-group-claims-it-was-behind-loandepot-cyberattack/

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Martin Towers


Martin is an ex Real Estate Agent turned digital marketer and entrepreneur now specialising in helping Realtors all around the world

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