Lynx Ransomware: A Rebranding of INC Ransomware


In July 2024, researchers from Palo Alto Networks discovered a successor to INC ransomware named Lynx. Since its emergence, the group behind this ransomware has actively targeted organizations in various sectors such as retail, real estate, architecture, and financial and environmental services in the U.S. and UK.

Lynx ransomware shares a significant portion of its source code with INC ransomware. INC ransomware initially surfaced in August 2023 and had variants compatible with both Windows and Linux. While we haven’t confirmed any Linux samples yet for Lynx ransomware, we have noted Windows samples. This ransomware operates using a ransomware-as-a-service (RaaS) model.

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Source: Palo Alto Unit 42


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