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The threat actors behind the 8Base ransomware are leveraging a variant of the Phobos ransomware to conduct their financially motivated attacks.

The findings come from Cisco Talos, which has recorded an increase in activity carried out by cybercriminals.

“Most of the group’s Phobos variants are distributed by SmokeLoader, a backdoor trojan,” security researcher Guilherme Venere said in an exhaustive two-part analysis published Friday.

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