Ransomware’s New Masters: How States Are Hijacking Cybercrime
2025-04-23 • Virtual Routes •
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This report provides a comparative analysis of ransomware use by groups linked to four states: Russia, China, North Korea, and Iran. Meanwhile, the evolution of North Korean activity reflects a focus on strategic and tactical financial gain. Iranian actors most frequently deploy ransomware for disruption, popular perception, and reputation, particularly targeting Israeli organisations.
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