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Royal’s ransomware as a service operation was first seen in September 2022, targeting
multiple industries across the globe until present days.
Attributed to Eastern Europe -specifically Russia- and with alleged ties to ex-operators from
Conti and Ryuk, their victims do not seem to respect a pattern and feature industries from
LATAM (like Puerto Rico and Mexico), Europe (from Portugal to Belgium), China and even
Africa (Ivory Coast).
According to CISA, almost 70% of their attacks involve phishing to place a foothold on the
victim’s infrastructure.
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