Sprite Spider emerging as one of the most destructive ransomware threat actors

At the recent SANS Cyber Threat Intelligence Summit, two CrowdStrike cybersecurity leads, Senior Security Researcher Sergei Frankoff and Senior Intelligence Analyst Eric Loui, offered details on an emerging major ransomware actor they call Sprite Spider. Like many other ransomware attackers, the gang behind Sprite Spider’s attacks has grown rapidly in sophistication and damage capacity since 2015. (CrowdStrike’s research was echoed in a lengthy report from Palo Alto Network’s Unit 42 in November 2020.)

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