ALPHV\/BlackCat Take Extortion Public<\/title> <link href=\"https:\/\/fonts.googleapis.com\/css?family=Open+Sans:300,300i,400,400i,600\" rel=\"stylesheet\">\n<link href=\"\/\/customer.cludo.com\/css\/296\/1798\/cludo-search.min.css\" type=\"text\/css\" rel=\"stylesheet\"> <link rel=\"stylesheet\" href=\"\/etc.clientlibs\/trendresearch\/clientlibs\/clientlib-trendresearch.min.css\" type=\"text\/css\">\n<link rel=\"stylesheet\" href=\"\/etc.clientlibs\/trendmicro\/clientlibs\/trendmicro-core-2\/clientlibs\/header-footer.min.css\" type=\"text\/css\"> <meta property=\"og:url\" content=\"https:\/\/www.trendmicro.com\/en_us\/research\/23\/k\/alphv-blackcat-take-extortion-public.html\"><br \/>\n<meta property=\"og:title\" content=\"ALPHV\/BlackCat Take Extortion Public\"><br \/>\n<meta property=\"og:description\" content=\"Trend Micro recommendations for adjusting enterprise incident response as ALPHV\/BlackCat ransomware gang moves away from traditional mutli-extortion model\"><br \/>\n<meta property=\"og:site_name\" content=\"Trend Micro\"><br \/>\n<meta property=\"og:image\" content=\"https:\/\/www.trendmicro.com\/content\/dam\/trendmicro\/global\/en\/research\/thumbnails\/23\/alphv-blackcat-take-extortion-public.jpg\"><br \/>\n<meta property=\"og:locale\" content=\"en_US\"> <meta name=\"twitter:card\" content=\"summary_large_image\"><br \/>\n<meta name=\"twitter:site\" content=\"@TrendMicro\"><br \/>\n<meta name=\"twitter:title\" content=\"ALPHV\/BlackCat Take Extortion Public\"><br \/>\n<meta name=\"twitter:description\" content=\"Trend Micro recommendations for adjusting enterprise incident response as ALPHV\/BlackCat ransomware gang moves away from traditional mutli-extortion model\"><br \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.trendmicro.com\/content\/dam\/trendmicro\/global\/en\/research\/thumbnails\/23\/alphv-blackcat-take-extortion-public.jpg\"> <\/head> <body class=\"articlepage page basicpage context-business\" id=\"readabilityBody\" readability=\"50.702003081664\">  <a id=\"page-scroll\" title=\"VerticalPageScroll\" href=\"javascript:jumpScroll($(this).scrollTop());\"> <span class=\"icon-chevron-up\"><\/span> <\/a>  <\/p>\n<div class=\"root responsivegrid\">\n<div class=\"aem-Grid aem-Grid--12 aem-Grid--default--12 \">\n<div class=\"articleBodyNoHero aem-GridColumn aem-GridColumn--default--12\">\n<div class=\"research-layout article container\" role=\"contentinfo\">\n<article class=\"research-layout--wrapper row\" data-article-pageid=\"1873893782\">\n<div class=\"col-xs-12 col-md-12 one-column\">\n<div class=\"col-xs-12 col-md-12\" readability=\"8.7545454545455\">\n<div class=\"article-details\" role=\"heading\" readability=\"36.963636363636\"> <span class=\"article-details__bar\" role=\"img\"><\/span> <\/p>\n<p class=\"article-details__display-tag\">Ransomware<\/p>\n<p class=\"article-details__description\">Learn more about ALPHV filing a complaint with the Security and Exchange Commission (SEC) against their victim, which appears to be an attempt to influence MeridianLink to pay the ransom sooner than later.<\/p>\n<p class=\"article-details__author-by\">By: Jon Clay <time class=\"article-details__date\">November 17, 2023<\/time> <span>Read time: <\/span><span class=\"eta\"><\/span> (<span class=\"words\"><\/span> words) <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<hr class=\"research-layout-divider\"> <main class=\"main--content col-xs-12 col-lg-8 col-lg-push-2\"> <\/p>\n<div class=\"richText\" readability=\"42\">\n<div readability=\"29\">\n<p>Recently the ALPHV\/BlackCat ransomware gang has taken a different tact from the traditional mutli-extortion model. In the past, ransomware gangs would contact customers of a victim and let them know their victim has information about them and if they don\u2019t want that public, they should influence the victim to pay their ransom amount. ALPHV filed a complaint with the Security and Exchange Commission (SEC) stating their victim (MeridianLink) had not disclosed a breach within the 4 day requirement from the SEC. It appears this is an attempt to influence MeridianLink to pay the ransom sooner than later. This is an interesting spin on the traditional tactic used and one that could become more pronounced in 2024. The 4 day disclosure requirement doesn\u2019t go into effect until December 15, 2023, but still it could be an incentive to businesses who are victims of ransomware attacks, or a data exfiltration attack, to communicate more quickly with their attackers. I would predict that this may spur businesses to adhere to the SEC disclosure requirement more often than not. The interesting piece with that disclosure rule is that the organization needs to determine whether the event is material to their business. This could delay their need to disclose, which if the adversary decides to use the SEC complaint filing tactic, could put the business in a bind.<\/p>\n<p>While we do not recommend victims paying an extortion fee, as our research has shown that every payment can provide revenues that can be used to launch 6-11 new attacks against new victims, every business will need to make a decision on their own whether they pay or not. Some suggestions to minimize the risks associated with an attack:<\/p>\n<ol>\n<li>Ensure you have a well-designed incident response plan and that you regularly test it.<\/li>\n<li>Decide now whether you will pay an extortion fee (you may discuss with a cyber insurance firm on this too). As part of the incident response plan, have a designated negotiator to interface with the adversary.<\/li>\n<li>If you are a public company, review the new SEC rulings around this in order to make sure you follow the rules properly. Also, decide now what would constitute a material event so you don\u2019t have to figure it out during an incident.<\/li>\n<li>Do an audit with your security vendors to ensure you\u2019re using their solutions properly and with best practices in place.<\/li>\n<li>Investigate using one of the new cybersecurity platforms that incorporates Attacks Surface Risk Management and XDR that can improve your visibility and speed with which you defend against attacks.<\/li>\n<\/ol>\n<p>This new tactic used by ALPHV\/BlackCat may be something that will become more commonplace by our adversaries, but with proper preparation a business can be ready to defend itself against these.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<section class=\"tag--list\">\n<p>Tags<\/p>\n<\/section>\n<p> <\/main> <\/article>\n<\/div>\n<\/div><\/div>\n<\/div>\n<p>   <\/p>\n<p> <span>sXpIBdPeKzI9PC2p0SWMpUSM2NSxWzPyXTMLlbXmYa0R20xk<\/span> <\/p>\n<p>   <\/body> Read More <a href=\"https:\/\/www.trendmicro.com\/en_us\/research\/23\/k\/alphv-blackcat-take-extortion-public.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn more about ALPHV filing a complaint with the Security and Exchange Commission (SEC) against their victim, which appears to be an attempt to influence MeridianLink to pay the ransom sooner than later. Read More HERE…<\/p>\n","protected":false},"author":2,"featured_media":54570,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[61],"tags":[9510,9520,9508,9522,9523,9539],"class_list":["post-54569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trendmicro","tag-trend-micro-research-articles-news-reports","tag-trend-micro-research-cloud","tag-trend-micro-research-endpoints","tag-trend-micro-research-expert-perspective","tag-trend-micro-research-network","tag-trend-micro-research-ransomware"],"yoast_head":"\n<title>ALPHV\/BlackCat Take Extortion Public 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security & Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" 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