Babuk | Breaking Cybersecurity News | The Hacker News

Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was  indicted by the U.S. government  earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x, Boriselcin, Uhodiransomwar, Orange, and waza, is alleged to have played a crucial part in the development and deployment of LockBit, Babuk, and Hive ransomware variants since at least June 2020. "Wazawaka and his team members prominently exhibit an insatiable greed for ransom payments, demonstrating a significant disregard for ethical values in their cyber operations," Swiss cybersecurity firm PRODAFT  said  in a comprehensive analysis shared with The Hacker News. "Employing tactics that involve intimidation through threats to leak sensitive files, engaging in dishonest practices, and persisting in retaining...

The threat actors behind the nascent  Buhti  ransomware have eschewed their custom payload in favor of leaked LockBit and Babuk ransomware families to strike Windows and Linux systems. "While the group doesn't develop its own ransomware, it does utilize what appears to be one custom-developed tool, an information stealer designed to search for and archive specified file types," Symantec  said  in a report shared with The Hacker News. The cybersecurity firm is tracking the cybercrime group under the name  Blacktail . Buhti was first highlighted by Palo Alto Networks Unit 42 in February 2023,  describing  it as a Golang ransomware targeting the Linux platform. Later that same month, Bitdefender revealed the use of a Windows variant that was deployed against Zoho ManageEngine products that were vulnerable to critical remote code execution flaws ( CVE-2022-47966 ). The operators have since been observed swiftly exploiting other severe bugs impacting I...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...