SHINING SPIDER is an eCrime adversary who has conducted ransomware operations since at least December 2020. The group is likely a previous affiliate of CIRCUS SPIDER’s Netwalker Ransomware-as-a-Service (RaaS) scheme. SHINING SPIDER is a BGH actor who relies on encryption and data exfiltration to extort payment from victims. The adversary operates a DLS in combination with victim-specific negotiati...