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From the Graham Cluley blog

A press release on the website of a notorious cybercrime gang, who stole data from organisations and demanded a ransom be paid for its safe return, says that it is closing down.

The Maze gang not only encrypted files on corporate networks with their ransomware so they could no longer be accessed, they also exfiltrated the data from systems they infected and threatened to release it if a ransom was not paid.