Alpha, a new ransomware that first appeared in February 2023 and stepped up its operations in recent weeks, has strong similarities to the long-defunct NetWalker ransomware, which disappeared in January 2021 following an international law enforcement operation.
The NetWalker Connection Analysis of Alpha reveals significant similarities with the old NetWalker ransomware. Both threats use a similar PowerShell-based loader to deliver the payload. In addition to this, there is a significant amount of code overlap between the Alpha and NetWalker payloads.
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Source: Symantec