Werewolves is a ransomware group that emerged in October 2023, primarily motivated by financial gain through the encryption and exfiltration of victim data. This group distinguishes itself by leveraging zero-day vulnerabilities and custom malware in its operations, often demanding exorbitant ransoms. They maintain a highly organized structure and employ social engineering tactics alongside technical exploits. Werewolves operate under a dual extortion model, encrypting data and threatening its public release if ransom demands are not met.

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