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Wizard Spider is a financially motivated Russian cybercriminal group active since 2016, widely known for operating the TrickBot banking trojan and associated malware ecosystem including BazarBackdoor, Ryuk, and Conti ransomware. The group conducts sophisticated, multi-stage intrusions typically beginning with TrickBot or BazarBackdoor infections that facilitate lateral movement and ultimately ransomware deployment against high-value targets. Their operations span a broad range of sectors globally—including finance, government, healthcare, education, and critical infrastructure—across North America, Europe, Asia, and Latin America, with attacks driven primarily by large ransom demands and financial extortion.