Royal and BlackSuit Ransomware Gangs Extort $370 Million from 450+ U.S. Companies

The Royal and BlackSuit ransomware gangs have extorted over $370 million from more than 450 U.S. companies across critical sectors since 2022, using double-extortion tactics. Law enforcement seized BlackSuit's dark web domains in Operation Checkmate, but experts warn the group may rebrand again as Chaos ransomware, highlighting the adaptive nature of modern cybercriminal enterprises.