
The Smart Security Podcast
8Base Ransomware: $16 Million and 1000+ Victims
<p>This episode delves into the8Base ransomware group, which emerged in 2022 and rapidly became a major cyber threat. By 2023, they were using amulti-extortion model, encrypting data and threatening to leak it on a dark web blog. Linked to the Phobos ransomware family, they attacked over1,000 victims worldwide, amassing an estimated$16 million. Victims spanned various sectors, with a significant number in the US and Brazil. High profile attacks include the one against the Nidec Corporation where over 50,000 files were stolen.</p><p>Operation Phobos Aetor, an international law enforcement effort involving agencies like the FBI and Europol, led to theseizure...





