DeadLock Ransomware Group Utilizes Polygon Smart Contracts

Summary

- DeadLock ransomware group uses blockchain smart contracts to store proxy server addresses for facilitating negotiations with victim organizations. - This technique indicates the group's sophistication and suggests they are experienced cybercriminals.

Why It Matters for Texas Credit Unions

Relevant as Texas credit unions need to be aware of advanced ransomware tactics that could impact their operations.

Original Source Material

Stealthy Group Taps Blockchain 'EtherHiding' to Facilitate Victim Communications The DeadLock ransomware group, a newly emerged digital extortion group, is using blockchain smart contracts to store proxy server addresses for facilitating ransomware negotiations with victim organizations. The technique suggests the group is made up of experienced cybercriminals.