The LostTrust ransomware group has made headlines by targeting nearly 53 organizations within a span of 24 hours, including the Ferguson Wellman cyber attack. This surge in attacks has raised concerns about the group’s intentions, with cybersecurity researchers closely monitoring their activities.
Notably, many of the targeted organizations are based in the United States, leading experts to draw comparisons between LostTrust and another ransomware group known as the Metaencryptor team.
Furthermore, tegarding the Ferguson Wellman cyber attack, limited information is available about the stolen data and the ransom deadline. The Cyber Express reached out to the investment and wealth management firm for comments, and further updates are expected as the situation unfolds. Surprisingly, the website of Ferguson Wellman remained accessible during this incident, adding to the mystery surrounding the attack.
Researchers on Twitter, including Ransomfeed, ThreatMon Ransomware Monitoring, and Ransomware Victims, have reported several victims of LostTrust’s attacks, revealing a wide range of targeted organizations. The fact that LostTrust named the Ferguson Wellman attack and other victims within the past 24 hours suggests an urgent desire to establish a reputation and extract ransom payments.
Additionally, similarities between LostTrust and Metaencryptor team’s dark web portals have raised questions about their connection or shared leadership. This surge in ransomware attacks highlights the critical need for enhanced cybersecurity measures and the ongoing challenges posed by cybercriminal groups seeking financial gain through extortion.