Ransomware: New file-encrypting attack has links to GandCrab malware, say security researchers

Ransomware: 11 steps to help keep hackers at bay Watch Now A new form of ransomware shares a number of links with GandCrab malware according to security company researchers, even though the developers of that infamous piece of ransomware earlier this year claimed to have retired . GandCrab was one of the most successful families of ransomware during 2018 and 2019, with its authors offering it out ‘as-as-service’ in exchange for a cut for the profits. In June, they suddenly announced they were retiring, claiming to have earned over $2 billion since GandCrab first emerged in January 2018 . Many were sceptical as to whether the GandCrab crew had really ceased operations and now researchers have uncovered technical links between GandCrab and another form of ransomware – REvil – which suggests that the two forms of malware have the same authors. SEE: A winning strategy for cybersecurity (ZDNet special report) | Download the report as a PDF (TechRepublic) REvil – also known as Sodinokibi – first emerged shortly before GandCrab ceased operation and has gone onto become one of the most prominent families of ransomware of 2019. Now security researchers in the Secureworks Counter Threat Unit have detailed what they… Read full this story

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