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FBI and CISA Warn of Medusa Ransomware Targeting Over 300 Victims

The sophisticated ransomware campaign uses phishing and unpatched vulnerabilities to execute double and triple extortion schemes across critical industries.

  • Medusa ransomware, operated by the Spearwing group, has targeted over 300 victims in sectors like healthcare, education, and manufacturing since 2021.
  • The ransomware employs phishing emails and exploits unpatched software vulnerabilities to gain access to systems.
  • Medusa uses a double extortion model, encrypting data and threatening to release it publicly, with a data-leak site featuring countdowns to data exposure.
  • Federal agencies report instances of triple extortion schemes, where victims are asked for additional payments after the initial ransom is paid.
  • The FBI and CISA recommend measures such as multifactor authentication, network segmentation, and regular software updates to mitigate the risk of attacks.
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