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MalwareRansomware

SchoolBoys Ransomware

SchoolBoys Ransomware is a ransomware/extortion brand used by a Russian-linked cybercrime organization associated with former Conti leaders or members. According to the provided reporting, the organization operated from approximately June 2021 through August 2023 and used multiple names in ransom notes and operations, including Conti, Karakurt, Royal, TommyLeaks, SchoolBoys Ransomware, and Akira. The group targeted more than 54 companies worldwide, including many in the United States, and caused at least $56 million in documented losses across 13 victims, with additional ransom payments of about $13 million from 41 more victims; authorities estimated total losses likely reached hundreds of millions of dollars.

The organization conducted data theft and extortion, with operators analyzing stolen data, researching victims, and using highly sensitive personal information to increase pressure on victims to pay. Reported exposed data included Social Security numbers, addresses, dates of birth, and healthcare information. In one cited case involving a pediatric healthcare provider, a member of the group used stolen children’s health records to intensify extortion pressure and, when payment was not made, encouraged leaking or selling the data; sensitive records were also distributed to hundreds of patients. The group also reportedly disrupted a government entity’s 911 emergency system.

The broader organization was described as hierarchical, composed largely of Russian or Russia-based members, and at times operating from an office in St. Petersburg. It allegedly used front companies in Russia, Europe, and the United States to obscure operations, and reporting states that some members were former Russian law enforcement officers who used official databases and connections to intimidate detractors and identify recruits. High-confidence attribution in the provided content links SchoolBoys Ransomware as one of several brands used by this Conti-linked syndicate rather than as a distinct standalone malware family. No specific technical indicators of compromise, file hashes, domains, or malware execution details were provided in the content.

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