Take a “NetWalk” on the Wild Side

The NetWalker ransomware, initially known as Mailto, was first detected in August 2019. Since then, new variants were discovered throughout 2019 and the beginning of 2020, with a strong uptick noticed in March of this year.

NetWalker has noticeably evolved to a more stable and robust ransomware-as-a-service (RaaS) model, and our research suggests that the malware operators are targeting and attracting a broader range of technically advanced and enterprising criminal affiliates.

McAfee Advanced Threat Research (ATR) discovered a large sum of bitcoins linked to NetWalker which suggest its extortion efforts are effective and that many victims have had no option other than to succumb to its criminal demands.

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Source: McAfee