By Lawrence Abrams, Bleeping Computer Ransomware attacks continue to slow down, likely due to the invasion of Ukraine, instability in the region, and subsequent worldwide sanctions against Russia. This does not mean, though, that there has been no ransomware activity. This week's biggest news is the Conti ransomware gang beginning to shut down their operation, with internal infrastructure taken offline and team leaders/members told that the brand is ending. While the 'Conti' brand may be shut down, cybersecurity firm Advanced Intel says that the cybercrime syndicate will continue to operate, with members joining other ransomware operations or the Conti leadership taking over smaller operations. By splintering into smaller 'cells,' it is believed that Conti will be able to evade law enforcement more easily and simply switch between different ransomware operation's encryptors. While this may mean less revenue for the syndicate, it creates greater mobility for the ...
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