New Ransomware that Threatens Companies to Pay Ransom Within 3 days Else they Leak Data

The threat actor group behind new ransomware dubbed “Egregor” targets companies to steal sensitive data and then encrypt all the files.

Researchers from Appgate, discovered the ransomware, according to their code analysis the ransomware found to be the spinoff of the Sekhmet ransomware.

Egregor Ransomware Targets

The ransomware group targets companies worldwide including the global logistic company GEFCO, according to their advisory at least 13 different companies were infected.

The threat actors behind the ransomware hacking into companies network and steals the sensitive data, once the data exfiltrated they encrypt all the files.

According to the ransom note “if the ransom is not paid by the company within 3 days, and aside from leaking part of the stolen data, they will distribute via mass media where the company’s partners and clients will know that the company was attacked.”

The developers behind the ransomware followed many code obfuscation methods to pack the payloads and it will get decrypted only if the correct decryption key is provided.

Attackers follow this method to avoid manually or sandbox analysis, also the group has an “Egregor news” website, hosted on the deep web to leak stolen data.

“Egregors’ ransom note also says that aside from decrypting all the files in the event the company pays the ransom, they will also provide recommendations for securing the company’s network, “helping” them to avoid being breached again, acting as some sort of black hat pentest team.”

Ransomware attack is quite common nowadays since Malicious software spreading everywhere through various mediums. The cybercriminals that use it are looking to do one thing, extort your money.

You can also read the complete ransomware mitigation checklist

You can follow us on LinkedinTwitterFacebook for daily Cybersecurity and hacking news updates.

Gurubaran

Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Recent Posts

Critical TP-Link DHCP Vulnerability Let Attackers Execute Arbitrary Code Remotely

A critical security flaw has been uncovered in certain TP-Link routers, potentially allowing malicious actors…

2 days ago

Chinese SilkSpecter Hackers Attacking Black Friday Shoppers

SilkSpecter, a Chinese financially motivated threat actor, launched a sophisticated phishing campaign targeting e-commerce shoppers…

2 days ago

Cybercriminals Launch SEO Poisoning Attack to Lure Shoppers to Fake Online Stores

The research revealed how threat actors exploit SEO poisoning to redirect unsuspecting users to malicious…

2 days ago

Black Basta Ransomware Leveraging Social Engineering For Malware Deployment

Black Basta, a prominent ransomware group, has rapidly gained notoriety since its emergence in 2022…

2 days ago

Critical Laravel Vulnerability CVE-2024-52301 Allows Unauthorized Access

CVE-2024-52301 is a critical vulnerability identified in Laravel, a widely used PHP framework for building…

2 days ago

4M+ WordPress Websites to Attacks, Following Plugin Vulnerability

A critical vulnerability has been discovered in the popular "Really Simple Security" WordPress plugin, formerly…

2 days ago