Europol has confirmed that the recent $50,000 reward for information on the Qilin ransomware group is a scam designed by rival gangs. The fake announcement exploited Europol’s name and was aimed at destabilizing the cybercriminal landscape. #QilinRansomware #FakeReward
Keypoints
- Europol clarified that it did not issue the fake reward offer on Telegram.
- The Qilin ransomware group has caused significant disruptions, including attacks on NHS facilities.
- The group operates on a ransomware-as-a-service model and has claimed over 400 victims since 2022.
- The fake announcement is believed to be a tactic by rival cybercriminal gangs to damage reputation and sow distrust.
- Qilin’s members are based in Eastern Europe and communicate mostly in Russian.
Read More: https://hackread.com/europol-denies-qilin-ransomware-reward-scam/