Hackers are testing a destructive new way to make ransomware attacks more effective

Picture: perinjo / GETTY Ransomware hackers are experimenting with a brand new sort of assault that, as a substitute of encrypting knowledge, outright destroys it. The intention is to make it not possible for victims to retrieve their knowledge if they do not pay the ransom. Ransomware is without doubt one of the largest cybersecurity … The post Hackers are testing a destructive new way to make ransomware attacks more effective appeared first on Ferdja.

Jun 5, 2023 - 23:00
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Hackers are testing a destructive new way to make ransomware attacks more effective

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Picture: perinjo / GETTY

Ransomware hackers are experimenting with a brand new sort of assault that, as a substitute of encrypting knowledge, outright destroys it. The intention is to make it not possible for victims to retrieve their knowledge if they do not pay the ransom.

Ransomware is without doubt one of the largest cybersecurity points dealing with the world at the moment, and whereas many victims refuse to present in to the extortion, many really feel they don’t have any alternative however to pay up for a decryption key.

However in response to cybersecurity researchers at Cyderes and Stairwell, not less than one ransomware group is testing ‘knowledge destruction’ assaults.

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This might be harmful for ransomware victims as a result of whereas it is usually doable to retrieve encrypted recordsdata with out paying a ransom, the specter of servers being utterly corrupted if extortion calls for aren’t met might push extra victims in direction of giving in.

The indications of a possible new tactic have been found when cybersecurity analysts responded to a BlackCat – also referred to as ALPHV – ransomware assault.

BlackCat has been liable for a string of ransomware incidents all over the world, however ransomware criminals are all the time on the lookout for new methods to make assaults more practical – and it seems they’re testing a brand new technique with malware that destroys knowledge.

The information destruction is linked to Exmatter, a .NET exfiltration software that has beforehand been used as a part of BlackMatter ransomware assaults. It is broadly suspected that BlackCat is a rebrand of BlackMatter – which in flip was a rebrand of Darkside, the ransomware operation behind the Colonial Pipeline assault.

In earlier ransomware assaults, Exmatter has been used to take particular file varieties from chosen directories and add them to attacker-controlled servers earlier than the ransomware is executed on the compromised techniques and the recordsdata are encrypted – with the attackers demanding cost for the important thing.

Nonetheless, evaluation of the brand new pattern of Exmatter used as a part of a BlackCat assault means that, as a substitute of encrypting recordsdata, the exfiltration software is as a substitute used to deprave and destroy recordsdata.

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There are a number of the reason why cyber criminals could be experimenting with this new tactic. First, the specter of destroying knowledge quite than encrypting it might present an additional incentive for victims of assaults to pay up.

“Eliminating the step of encrypting the info makes the method sooner and eliminates the danger of not getting the total payout, or that the sufferer will discover different methods to decrypt the info,” warn researchers at Cyderes.

Additionally, growing damaging malware is much less advanced than designing ransomware – due to this fact, utilizing knowledge destruction assaults might take much less assets and time, offering attackers with higher income.

“Creating secure, strong ransomware is a much more development-intensive course of than creating malware designed to deprave the recordsdata as a substitute, renting a big server to obtain exfiltrated recordsdata and returning them upon cost,” mentioned Daniel Mayer, risk researcher at Stairwell.

“Extortion actors are more likely to proceed experimenting with knowledge exfiltration and destruction with growing prevalence,” Mayer added.

Ransomware and malware assaults might be extraordinarily damaging, however there are steps that organisations can take to assist make their networks extra strong and shield towards assaults.

These embrace making use of safety patches and updates in a well timed method to cease hackers from exploiting recognized vulnerabilities to launch assaults, together with making certain that multi-factor authentication is rolled out throughout the community to assist shield customers.

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