Advantech hit with Conti ransomware, hackers demand $13M in double extortion atttack

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Conti is a private Ransomware-as-a-Service (RaaS) malware that was first used in attacks in December 2019. The malware is distributed through TrickBot infections. 

Ransomware attacks are on the rise across the globe. In October German-based Software AG was targeted. The U.S. Cyber Command recently issued an advisory of eight new types of ransomware developed and deployed by hacker gangs in recent attacks.  

In August 2020, the hacker group launched its first leak site to threaten its victims to release the stolen info.

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