FBI’s cyber division personnel in front of a computer screen. In late 2020 and 2021 law enforcement scored a series of victories against cybercriminal actors, shutting down certain operations, seizing assets and/or making arrests related to Egregor ransomware, NetWalker RaaS and the Emotet botnet. (FBI)

Counter to initial fears, researchers say the ransomware cartel formed by the Maze cybergang starting in May 2020 never hit its stride.

Indeed, experts who spoke with SC Media said they doubt enough incentive currently exists for competing threat actors to overcome the inherent challenges in working collaboratively and developing a revenue-sharing model. If they ever were able to form an effective alliance, however, the resulting cooperative could present a significant danger to victims as they evolve their skills and weapons.

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