Recorded Future detects escalation of ransomware attacks across LATAM government entities

Threat intelligence firm Recorded Future has identified several government entities in Latin America (LATAM) that have been affected by ransomware attacks, likely involving Russian or Russian-speaking hackers, beginning on or around April this year. “If unaddressed, ransomware attacks on local, provincial, or federal government entities in LATAM could constitute a credible national and geopolitical security risk,” Recorded Future said in a post this week. The firm observed at least four high-credibility ransomware gangs targeting LATAM government entities, including Conti, ALPHV, LockBit 2.0, and BlackByte. These incidents constitute a significant escalation in ransomware targeting. ]ec), Recorded Future said.
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