Sunday, October 18, 2026

North Korean Hackers Using H0lyGh0st Ransomware To Attack & Demand 1.2 to 5 Bitcoins

A ransomware operation called H0lyGh0st is being run by North Korean hackers for more than a year now, attacking small businesses across different countries with ransomware.

There has been quite a bit of activity on the part of the group for quite some time. The gang, however, was not able to obtain the same level of fame as the other gangs in the area.

Even to achieve fame and success they followed the identical formula of other gangs like:- 

  • Double extortion
  • publishing the name of the victims
  • Publishing the stolen data of the victims

Taking advantage of opportunities, making small demands

Currently, Microsoft Threat Intelligence Center (MSTIC) has identified the hackers as DEV-0530, who are calling themselves H0lyGh0st. 

It has been known for at least a month now that the gang known as H0lyGh0st is using ransomware, and has succeeded in compromising many organizations in the past few months.

It is important to note that SiennaPurple (BTLC_C.exe) was an early variant of Holy Ghost ransomware that lacked many important features as compared to the Go-based versions.

SiennaBlue is the name given by Microsoft to the newer variants:-

  • HolyRS.exe
  • HolyLocker.exe
  • BTLC.exe

In addition, the following features have been added to their functionality over time and are included in their current version:-

  • Multiple encryption options
  • String obfuscation
  • Public key management
  • Internet support
  • Intranet support

Targets

There are several targets that were compromised by DEV-0530, most of which are small to medium-sized businesses. There was a wide range of victims, including:- 

  • Banks
  • Schools
  • Manufacturing organizations
  • Event & Meeting planning companies

As with most ransomware attacks, H0lyGh0st was organized as a scam and the operators stole data before encrypting the infected computer system with the encryption routine they had developed.

On the compromised computer, the attacker left a ransom note requesting a ransom payment. The cybercriminals also sent the victim an email with a link to a sample of stolen information that they had stolen.

Ransom

In most cases, the operators behind this group demanded a payout anywhere from 1.2 to 5 bitcoins, Or else at the current exchange rate demand approximately $100,000.

The attacker was willing to negotiate even if the price was not high, sometimes lowering it to less than a third of what it had initially asked for.

A sub-group under the Lazarus umbrella, known as Plutonium, is believed to have connections with DEV-0530. The dark web portal of DEV-0530 says it aims to support the poor and starving people by closing the gap between the rich and the poor.

Recommendation

Here below we have mentioned all theRansomware mitigations recommended by the security experts at Microsoft:-

  • Assuring the integrity of credentials.
  • Performing an audit of the exposure of credentials.
  • Deploying updates to Active Directory is at the top of the priority list.
  • Hardening the cloud as a security measure.
  • Ensure that MFA is enforced on every account you have.
  • Using passwordless authentication methods to enable the user to log in without a password.
  • Ensure that legacy authentication is disabled.

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Balaji
Balaji
BALAJI is an Ex-Security Researcher (Threat Research Labs) at Comodo Cybersecurity. Editor-in-Chief & Co-Founder - Cyber Security News & GBHackers On Security.

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