BlackCat: A New Rust-based Ransomware Malware Spotted in the Wild
Dec 10, 2021
Details have emerged about what's the first Rust-language-based ransomware strain spotted in the wild that has already amassed "some victims from different countries" since its launch last month. The ransomware, dubbed BlackCat , was disclosed by MalwareHunterTeam. "Victims can pay with Bitcoin or Monero," the researchers said in a series of tweets detailing the file-encrypting malware. "Also looks they are giving credentials to intermediaries" for negotiations. BlackCat, akin to many other variants that have sprung before it, operates as a ransomware-as-a-service (RaaS), wherein the core developers recruit affiliates to breach corporate environments and encrypt files, but not before stealing the said documents in a double extortion scheme to pressure the targets into paying the requested amount or risk exposure of the stolen data should the companies refuse to pay up. Security researcher Michael Gillespie called it a "very sophisticated...
