Victims Are Rebuffing Ransomware Mass Data Theft Campaigns

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The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

Ransomware group Clop's initial 25% of victims paying ransoms dropped to zero by 2023; steal-and-leak campaigns are becoming less effective.

Why It Matters for Texas Credit Unions

The article does not mention Texas, TCUD, or any Texas-specific entities. It focuses on a global trend in ransomware attacks and their effectiveness.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for credit unions with material information-security, technology, or vendor-management exposure.

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

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Original Source Material

Revenue From Supply-Chain Attacks by Clop Group Sharply Fell, Report Investigators Once lucrative steal-and-leak campaigns pioneered by Russian ransomware group Clop look set to go the way of the dinosaurs. While an estimated 25% of victims paid a ransom in the inaugural campaign five years ago, the number of victims that paid fell to zero by 2023, report ransomware responders.