No company too small for Phobos ransomware gang, indictment reveals

The DOJ charged Russian national Evgenii Ptitsyn for administering the Phobos ransomware campaign that extorted over $16 million from victims worldwide over four years; victims ranged from small businesses and schools to healthcare providers. The report outlines the indictment counts, highlights Phobos’ low-average ransom demands targeting smaller organizations, details victim impact, and provides defensive guidance such as patching, endpoint protection, and offline backups.