Brand New Ransomware Found On The Internet
Hackers around the world didn't waste any time. New Year's celebrations have barely ended, and already, we have our first reports of a new malware strain to help ring in 2021. Dubbed Babuk Locker, the strain is aimed squarely at corporate networks. Based on an analysis of the code, IT Support Myrtle Beach experts have concluded that the software was designed by mid-level hackers. It's a bit of an amateur effort, but the malware is competently designed and the encryption function is rock solid, so if you fall victim to this ransomware, there's no unlocking the files. You're either going to have to restore from backup or pay the ransom in Bitcoin. Babuk has only been used in a handful of attacks thus far this year. Then again, this year is only a few days old at this point, so we could be seeing the beginnings of a significant campaign. As ransomware goes, however, the creators of Babuk don't seem to be overly greedy. The ransoms they have been demanding have ...
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