Tag: low detection
AI enables ransomware boom
A new ransomware group, named Funksec, is the latest example of relatively inexperienced cybercriminals using AI to develop weaponized malware. The group claims that over 85 organizations fell victim to its ransomware attacks in December alone, potentially surpassing every other ransomware group in terms of victim numbers. According to Check Point Research: “FunkSec operators appear to use AI-assisted malware development which can enable even inexperienced actors to quickly produce and refine advanced tools…Presenting itself as a new Ransomware-as-a-Service (RaaS) operation, FunkSec appears to have no known connections to previously identified ransomware gangs.”