A Bad Luck BlackCat

In early December 2021, a new ransomware actor started advertising its services on a Russian underground forum. They presented themselves as ALPHV, a new generation Ransomware-as-a-Service (RaaS) group. Shortly afterwards, they dialed up their activity, infecting numerous corporate victims around the world. The group is also known as BlackCat.

One of the biggest differences from other ransomware actors is that BlackCat malware is written in Rust, which is unusual for malware developers. Their infrastructure websites are also developed differently from other ransomware groups. Due to Rust’s advanced cross-compilation capabilities, both Windows and Linux samples appear in the wild. In other words, BlackCat has introduced incremental advances and a shift in technologies to address the challenges of ransomware development.

The actor portrays itself as a successor to notorious ransomware groups like BlackMatter and REvil. The cybercriminals claim they have addressed all the mistakes and problems in ransomware development and created the perfect product in terms of coding and infrastructure. However, some researchers see the group not only as the successors to the BlackMatter and REvil groups, but as a complete rebranding.

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Source: Kaspersky