This follows a series of high-impact arrests targeting Phobos ransomware:An administrator of Phobos was arrested in South Korea in June 2024 and extradited to the United States in November of the same year. He is now facing prosecution for orchestrating ransomware attacks that encrypted critical infrastructure, business systems, and personal data for ransom.A key Phobos affiliate was arrested in Italy...

Thai police arrested four European hackers in Phuket who allegedly stole $16 million through ransomware attacks affecting over 1,000 victims worldwide. The suspects, wanted by Swiss and US authorities, were caught in coordinated raids across four locations.

Officers from Cyber Crime Investigation Bureau, led by Police Lieutenant General Trairong Phiwphan, conducted “Operation PHOBOS AETOR” in Phuket on February 10, arresting four foreign hackers involved in ransomware attacks. The operation, coordinated with Immigration Police and Region 8 Police, raided four locations across Phuket....

Four alleged European hackers have been arrested in Phuket for deploying ransomware on the networks of 17 Swiss firms. The suspects are accused of causing significant damage and stealing $16 million in Bitcoins from 1,000 global victims.

In this article, we will focus on 8Base Ransomware, which ranked in the top 5 most active groups last month according to Daily Dark Web...