fbpx
Frame-14

Privacy Ninja

        • DATA PROTECTION

        • CYBERSECURITY

        • Penetration Testing

          Secure your network against various threat points. VA starts at only S$1,000, while VAPT starts at S$4,000. With Price Beat Guarantee!

        • API Penetration Testing
        • Enhance your digital security posture with our approach that identifies and addresses vulnerabilities within your API framework, ensuring robust protection against cyber threats targeting your digital interfaces.

        • On-Prem & Cloud Network Penetration Testing
        • Boost your network’s resilience with our assessment that uncovers security gaps, so you can strengthen your defences against sophisticated cyber threats targeting your network

        • Web Penetration Testing
        • Fortify your web presence with our specialised web app penetration testing service, designed to uncover and address vulnerabilities, ensuring your website stands resilient against online threats

        • Mobile Penetration Testing
        • Strengthen your mobile ecosystem’s resilience with our in-depth penetration testing service. From applications to underlying systems, we meticulously probe for vulnerabilities

        • Cyber Hygiene Training
        • Empower your team with essential cybersecurity knowledge, covering the latest vulnerabilities, best practices, and proactive defence strategies

        • Thick Client Penetration Testing
        • Elevate your application’s security with our thorough thick client penetration testing service. From standalone desktop applications to complex client-server systems, we meticulously probe for vulnerabilities to fortify your software against potential cyber threats.

        • Source Code Review
        • Ensure the integrity and security of your codebase with our comprehensive service, meticulously analysing code quality, identifying vulnerabilities, and optimising performance for various types of applications, scripts, plugins, and more

        • Email Spoofing Prevention
        • Check if your organisation’s email is vulnerable to hackers and put a stop to it. Receive your free test today!

        • Email Phishing Excercise
        • Strengthen your defense against email threats via simulated attacks that test and educate your team on spotting malicious emails, reducing breach risks and boosting security.

        • Cyber Essentials Bundle
        • Equip your organisation with essential cyber protection through our packages, featuring quarterly breached accounts monitoring, email phishing campaigns, cyber hygiene training, and more. LAUNCHING SOON.

Babuk Ransomware is Back, Uses New Version On Corporate Networks

Babuk Ransomware is Back, Uses New Version On Corporate Networks

After announcing their exit from the ransomware business in favor of data theft extortion, the Babuk gang appears to have slipped back into their old habit of encrypting corporate networks.

The criminals are currently using a new version of their file-encrypting malware and have moved the operation to a new leak site that lists a handful of victims.

Gang’s still in the game

The Babuk ransomware group became known at the beginning of the year but the gang says that their attacks had started in mid-October 2020, targeting companies across the world and demanding ransoms typically between $60,000 and $85,000 in bitcoin cryptocurrency. In some cases, victims were asked hundreds of thousands for data decryption.

One of their most publicized victims is the Washinton DC’s Metropolitan Police Department (MPD). This attack likely pushed the threat actor into announcing its retirement from the ransomware business only to adopt another extortion model that did not include encryption.

The gang also announced plans to release their malware so that other cybercriminals could start a ransomware-as-a-service operation. The threat actor kept its promise and published its builder, a tool that generates customized ransomware.

Security researcher Kevin Beaumont found it on VirusTotal and shared the information to help the infosec community with detection and decryption.

After shutting down in April, the gang took the name PayLoad Bin, but their leak site shows little activity. Instead, a new leak site emerged on the dark web carrying the Babuk ransomware markings.

The site lists fewer than five victims that refused to pay the ransom and that they have been attacked with a second version of the malware.

Also Read: PDPA Compliance Singapore: 10 Areas to Work On

It appears that Babuk has not given up the encryption-based extortion game. They released only the old version of their malware and created a new one to get back into the ransomware business.

The gang made this clear in a comment to our article about a rush of ransomware attacks that used the leaked Babuk builder and demanded .006 bitcoins (currently about $200) – clearly showing that it’s not the original group using it.

Babuk ransomware version 2 used to attack corporate network

It appears that the Babuk gang is not ready to give up the file-encryption activity and will continue to focus on corporate networks for larger payments.

Also Read: What Does a Data Protection Officer Do? 5 Main Things

It is unclear what drove the group to return to their old practices but given how empty the PayLoad Bin leak site is, one can speculate that data theft extortion did not go too well.

Also, it remains unknown at the moment if the new Babuk operation has behind it the same members that attacked Washinton DC’s Metropolitan Police Department or this incident produced a split.

0 Comments

KEEP IN TOUCH

Subscribe to our mailing list to get free tips on Data Protection and Data Privacy updates weekly!

Personal Data Protection

REPORTING DATA BREACH TO PDPC?

We have assisted numerous companies to prepare proper and accurate reports to PDPC to minimise financial penalties.
×

Hello!

Click one of our contacts below to chat on WhatsApp

× Chat with us