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Hive Ransomware Upgrades to Rust for More Sophisticated Encryption Method

Hive Ransomware Upgrades to Rust for More Sophisticated Encryption Method
July 06, 2022Ravie Lakshmanan
The operators of the Hive ransomware-as-a-service (RaaS) scheme have overhauled their file-encrypting software to fully migrate to Rust and adopt a more sophisticated encryption method. "With its latest variant carrying several major upgrades, Hive also proves it's one of the fastest evolving ransomware families, exemplifying the continuously changing ransomware ecosystem," Microsoft Threat Intelligence Center (MSTIC)  said  in a report on Tuesday. Hive , which was first observed in June 2021, has emerged as one of the most prolific RaaS groups,  accounting  for 17 attacks in the month of May 2022 alone, alongside  Black Basta and Conti . The shift from GoLang to Rust makes Hive the second ransomware strain after  BlackCat  to be written in the programming language, enabling the malware to gain additional benefits such as memory safety and deeper control over low-level resources as well as make use of a wide range of cryptographic libraries. What it also affords is

Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'

Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'
July 15, 2017Swati Khandelwal
Cybercrime has continued to evolve and today exists in a highly organised form. Cybercrime has increasingly been commercialised, and itself become big business by renting out an expanded range of hacking tools and technologies, from exploit kits to ransomware, to help anyone build threats and launch attacks. In past few years, we have witnessed the increase in the popularity of malware-as-a-service (MaaS), which is today a prosperous business on the underground black market that offers an array of services, including ransomware-as-a-service , DDoS-as-a-service , phishing-as-a-service, and much more. Two such services have recently been spotted by two separate group of researchers, which we have detailed in this article. Ovidiy Stealer — $7 Password-Stealing Malware For Everyone A new credential stealing malware that targets primarily web browsers is being marketed at Russian-speaking web forums for as cheap as $7, allowing anyone with even little technical knowledge to h
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