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A coordinated international law enforcement action last week has led to the arrest of four individuals leading the 8Base ransomware group. These individuals, all Russian nationals, are suspected of deploying a variant of Phobos ransomware to extort high-value payments from victims across Europe and beyond. At the same time, 27 servers linked to the criminal network were taken down.
As a result of this operation, law enforcement was also able to warn more than 400 companies worldwide of ongoing or imminent ransomware attacks.