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Meet Lorenz — A new ransomware gang targeting the enterprise

Posted on May 13, 2021 by Dissent

Lawrence Abrams reports:

A new ransomware operation known as Lorenz targets organizations worldwide with customized attacks demanding hundreds of thousands of dollars in ransoms.

The Lorenz ransomware gang began operating last month and has since amassed a growing list of victims whose stolen data has been published on a ransomware data leak site.

Michael Gillespie of ID Ransomware has told BleepingComputer that the Lorenz ransomware encryptor is the same as a previous operation known as ThunderCrypt.

It is not clear if Lorenz is the same group or purchased the ransomware source code to create its own variant.

Read more on Bleeping Computer.

Category: Commentaries and AnalysesMalwareOf Note

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