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Clop ransomware shows attack victims

The prolific ransomware threat actor Cl0p has added partial names of some of the companies that were successfully targeted through bugs in Cleo software. This is likely part of its pressure tactic, as it tries to extort money from its victims. Cleo allegedly released a patch in October which didn’t entirely fix the issue, leaving the doors open to hackers. Huntress, alone, said it observed at least 24 victims. At the time, the researchers could not attribute the attack to any specific group, since the evidence was inconclusive, but it wasn’t long before Cl0p came forward to claim responsibility. Soon after Huntress’ announcement, the US Cybersecurity and Infrastructure Security Agency (CISA) added the Cleo bug to its Known Exploited Vulnerabilities (KEV) catalog. Is paying Ransom a solution to cyber attacks ?

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