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

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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.

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