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Researchers Demonstrate Ransomware for IoT Devices That Targets IT and OT Networks

As ransomware infections have evolved from purely encrypting data to schemes such as double and triple extortion, a new attack vector is likely to set the stage for future campaigns.
Called Ransomware for IoT or R4IoT by Forescout, it’s a “novel, proof-of-concept ransomware that exploits an IoT device to gain access and move laterally in an IT [information technology] network and impact the OT [

Source:: The Hackers News