Rhysida: The New Ransomware Group Behind British Library Cyberattack

This week, ransomware group – Rhysida – claimed responsibility for the attack on the British Library, that was witnessed last month, where the library’s personal data was compromised and later sold on online forums. 

While the name of the threat actors is indeed new to the list, the tactic however remains conventional. Ransomware gangs use malware to infect computers within an organization, making the contents unreadable. They then demand payment, usually in Bitcoin, to unlock the files.

However, in recent years, ‘double extortion’ is a tactic in trend, in which a majority of ransomware groups steal the data simultaneously and threaten to leak it online.

This week, the threat actor in question – Rhysida uploaded low-quality pictures of the personal data that was obtained during the attack to the internet. On her leak site, Rhysida threatened to sell the stolen information for a starting price of 20 bitcoin, or almost £590,000.

According to Rafe Pilling, director of threat research at cybersecurity firm Secureworks, this is “a classic example of a double extortion ransomware attack and they are using the threat of leaking or selling stolen data as leverage to extort a payment.”

While the British Library is the current high-profile victim of the ransomware gang, Rhysida has also notably attacked government institutions in Portugal, Chile and Kuwait. In August, the group also claimed responsibility for attacking the US hospital group Prospect Medical Holdings.

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