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Ethical Hacking

Wade Mackey

Ryan Trapp

Ragnarok Ransomware Gang Bites the Dust, Releases Decryptor

August 30, 2021 by Ryan Trapp 3 Comments

This article is interesting because the ransomware group has not only shut down but they have decided to release the encryption key for free. This begs the question of why they would do such a thing before shutting down? What motivation do they have to release the key? I personally think that it demonstrates that groups like this are only concerned with making a profit and because they are shutting down there is no reason for them to hold onto the key. They could have just never released it and be truly “evil” by letting the companies still affected have no way of ever receiving the key, because they are shutting down. This also continues a trend of several other ransomware groups ceasing operations lately, which is something interesting to keep an eye on.

Ragnarok Ransomware Gang Bites the Dust, Releases Decryptor

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