AI-Driven Ransomware FunkSec Targets 85 Victims Using Double Extortion Tactics

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Cybersecurity researchers have shed light on a nascent artificial intelligence (AI) assisted ransomware family called FunkSec that sprang forth in late 2024, and has claimed more than 85 victims to date.

"The group uses double extortion tactics, combining data theft with encryption to pressure victims into paying ransoms," Check Point Research said in a new report shared with The Hacker News. "Notably, FunkSec demanded unusually low ransoms, sometimes as little as $10,000, and sold stolen data to third parties at reduced price."
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