The many sides of DarkSide, the group behind the Colonial pipeline ransomware attack

May 11, 2021 – Article posted on TechRepublic

The ransomware group that attacked Colonial Pipeline has in the past tried to donate some of its profits to charity in a twisted take on the tale of Robin Hood. But the gang known as DarkSide is appropriately named as it has proven it won’t hesitate to target vulnerable victims to make a buck.

This article examines this cyber gang and includes insights from GuidePoint Security’s head of threat intelligence, Tony Cook.

“Any actions that result in a negative impact to their revenue stream or the inability to pay ransoms, goes against their publicly stated long-term goals,” Cook said. “They do their best to not disrupt specific industry verticals in order to stay under the radar while still remaining profitable. In this particular instance, it could be very disruptive to their efforts as it puts them in a spotlight and could result in efforts to shut the group down or potentially add OFAC (Office of Foreign Assets Control) sanctions to make it harder for their ‘clients’ to pay their ransoms.”

Read More HERE.