Albabat, also known as White Bat, is a financially motivated ransomware variant written in Rust that identifies and encrypts files important to the user and demands a ransom to release them.
It first appeared in November 2023 with the variant Version 0.1.0. Version 0.3.0 was released in late December, followed by version 0.3.3 in mid-January 2024. The Albabat ransomware appears to be distributed as rogue software, such as a fake Windows 10 digital activation tool and a cheat program for the Counter-Strike 2 game.
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Source: Fortinet