Babuk quits ransomware encryption, focuses on data-theft extortion

A new message today from the operators of Babuk ransomware clarifies that the gang has decided to close the affiliate program and move to an extortion model that does not rely on encrypting victim computers.

The explanation comes after yesterday the group posted and deleted two announcements about their plan to close the project and release the source code for the malware.

Read more…
Source: Bleeping Computer