Royal Ransomware Targets Organizations with Custom Encryption and Double Extortion Tactics

Threat Level – Red | Vulnerability Report
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Since September 2022, threat actors have been attacking both US and international organizations using a version of ransomware called Royal. This ransomware is unique because it employs a custom-made file encryption program and uses double extortion tactics. This involves threatening to release encrypted data publicly if the victim does not pay a ransom, which ranges from $1 million to $11 million USD in Bitcoin.

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