Clop ransomware dominates ransomware space after MOVEit exploit campaign

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The number of ransomware attacks in July rose over 150% compared to last year and the actors behind the Clop ransomware were responsible for over a third of them. The gang took the lead from LockBit as the top ransomware threat after exploiting a zero-day vulnerability in a managed file transfer (MFT) application called MOVEit in June. While the MOVEit attacks were used for data theft and subsequent extortion, they were not used to deploy the actual Clop ransomware program, even though the actors behind the attacks are associated with this ransomware program and took credit for the campaign.

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