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Hackers promise to delete ransomware data for small fees

Hackers have found a new way to profit from ransomware attacks by offering to delete stolen data for a fee. This tactic, known as double extortion, involves stealing data from organizations and encrypting it until a ransom is paid. If the victim fails to meet the deadline, the attackers sell the data on the dark web. However, even if the ransom is paid, there is no guarantee that the attackers will delete the information. A group known as the “Ethical Side Group” claims to have the ability to infiltrate ransomware groups and eradicate stolen data. However, this service raises concerns about perpetuating cybercrime and the uncertainty of data deletion. It also raises questions about the group’s involvement in ransomware activities and the potential for additional profits. The fluctuating fees demanded by criminals pose an escalating cyber threat, and the targeted organization always suffers losses. There is currently no definitive solution to this issue, and time will tell how it unfolds.

Key Points:
– Hackers are offering to delete stolen data for a fee, creating a new business tactic in the ransomware landscape.
– Double extortion involves stealing and encrypting data until a ransom is paid, with the possibility of selling it on the dark web if the deadline is not met.
– The Ethical Side Group claims to have the ability to infiltrate ransomware groups and delete stolen data, but their involvement raises concerns and questions about cooperation with law enforcement.
– The fluctuating fees demanded by criminals and the potential for additional profits highlight the escalating cyber threat posed by ransomware attacks.
– There is currently no definitive solution to this issue, and the impact on targeted organizations remains significant.

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