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Analysis of Counter-Ransomware Activities in 2024

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  The scourge of ransomware continues primarily because of three main reasons: Ransomware-as-a-Service (RaaS), cryptocurrency, and safe havens. RaaS platforms enable aspiring cybercriminals to join a gang and begin launching attacks with a support system that help extract ransom payments from their victims. Cryptocurrency enables cybercriminals to receive funds from victims around the world without the option to freeze or refund them due to the immutable nature of the virtual funds. Safe havens are countries that permit cybercriminals to launch attacks without immediate fear of arrest, enabling them to earn vast fortunes through ransomware campaigns. With these three challenges in mind, law enforcement and governments have a very difficult job to do when it comes to fighting ransomware but fight it they must. In this blog we shall recall what counter-ransomware activities took place in 2024, analyse their effectiveness, and assess how the landscape shall evolve as a result. A...

Unmasking Ransomware Using Stylometric Analysis: Shadow, 8BASE, Rancoz

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  I recently came across a cool GitHub repo from Zscaler's ThreatLabz team (see here ) which contains a whole array of ransom notes from known and new ransomware families. I imagine that Zscaler has some sort of malware hunting capability (potentially LiveHunt YARA rules in VirusTotal) and they manually check for ransom notes uploaded to VT containing strings such as ".onion" to find new and interesting ransomware families. However they actually do it, this is a handy repo for the community to use. Three new ransom notes that Zscaler shared that caught my eye belonged to Shadow, 8BASE, and Rancoz. Tracking new ransomware families can be an interesting task because so many new groups are appearing, it is hard to tell which ones are worth paying attention to of the literal hundreds of variants out there launching attacks. These three stick out, however, due to the presence of the ".onion" Tor link inside their ransom notes though because that means they have setup...