Hotarus is a ransomware and data extortion group first observed in February 2021 with a notable attack against Ecuador's Ministry of Finance and a major bank. The group is believed with moderate confidence to be of Latin American origin and primarily targets financial institutions, government agencies, and private companies in South America and the United States. Hotarus's core motivation is financial gain, achieved through the deployment of custom ransomware and data theft. A distinctive characteristic of the group is its willingness to engage in pure data leak threats without necessarily encrypting files, leveraging exposure as a primary pressure tactic in its extortion model.

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