An Iranian ransomware gang called Pay2Key.I2P has increased its operations, targeting Israel and the U.S. with a ransomware-as-a-service model and promising higher profit shares to affiliates. The group, linked to Iran’s state-backed Fox Kitten, has claimed over $4 million in ransomware payments and is motivated by both profit and ideological reasons. #Pay2Key #FoxKitten
Keypoints
- Pay2Key.I2P is an Iranian ransomware group operating with a ransomware-as-a-service model.
- The group has claimed to have collected more than $4 million over four months.
- It offers affiliates an increased 80% of ransom proceeds for attacks against Iran’s enemies.
- Pay2Key.I2P is believed to collaborate with Mimic ransomware operators, linked to the Conti gang.
- The attacks are motivated by both financial gain and ideological reasons amid regional tensions.
Read More: https://therecord.media/iran-ransomware-group-pay2keyi2p-israel-us-targets