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New Ransomware Group FunkSec Strikes 85 Victims Worldwide

1/11/2025

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Summary

Story summary

A new ransomware group named FunkSec has emerged, wreaking havoc on over 85 victims since late 2024. Predominantly active in the U.S., India, and Europe, they demand modest ransoms while peddling stolen data. Comprised of likely novice hackers, FunkSec leverages AI to blur the lines between hacktivism and cybercrime, raising alarms in the cybersecurity landscape.

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Story summary

A new ransomware group named FunkSec has emerged, wreaking havoc on over 85 victims since late 2024. Predominantly active in the U.S., India, and Europe, they demand modest ransoms while peddling stolen data. Comprised of likely novice hackers, FunkSec leverages AI to blur the lines between hacktivism and cybercrime, raising alarms in the cybersecurity landscape.