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Why extortion is the new ransomware threat

ID: 629264f0-5077-5874-889b-285493d9556d

STIX ID: report--629264f0-5077-5874-889b-285493d9556d

Feed Name: TechCrunch Security News

Threat Score
70/100

Date Published: 2023-12-18

Date Updated: 2026-04-23

Author: Carly Page

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This report describes how ransomware/extortion groups — notably ALPHV/BlackCat — are evolving tactics (including a first-of-its-kind move to use SEC disclosure rules as leverage), shifting toward encryption-less extortion, and employing double- and triple-extortion strategies that increase risk across victims' data supply chains; it cites MOVEit and Caesars as illustrative high-impact incidents and urges clearer definitions and policy responses.

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