CU InfoSecurity Security

DeadLock Ransomware Group Utilizes Polygon Smart Contracts

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Operational Brief

- DeadLock ransomware group uses blockchain smart contracts for storing proxy server addresses. - This technique indicates the group's experience and sophistication in cybercrime.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The information is relevant to cybersecurity practices for credit unions but does not have a direct impact on Texas-specific regulations.

Who this most likely affects

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Why this fit: The source language points to cyber, technology, or third-party oversight risk.

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Original Source Material

Stealthy Group Taps Blockchain 'EtherHiding' to Facilitate Victim Communications The DeadLock ransomware group, a newly emerged digital extortion group, is using blockchain smart contracts to store proxy server addresses for facilitating ransomware negotiations with victim organizations. The technique suggests the group is made up of experienced cybercriminals.