Sometimes ransomware actors just want the cheap stuff.
Cybersecurity company Sophos, in an April 17 report from its Sophos X-Ops research team, noticed an uptick in low-cost, rudimentary ransomware—a deal for aspiring threat actors and a challenge for defenders.
“It’s much harder to detect something that there are only 20 copies of in the world,” Christopher Budd, director of threat research at Sophos X-Ops, told IT Brew.
The group compared the offerings to the cheap handguns flooding the US firearms market in the 1960s and 1970s: junk guns.
Between June 2023 and February 2024, the Sophos team found 19 varieties of “independently produced, inexpensive, and crudely constructed ransomware.” Some lacked polished graphics, and some featured programming languages like C# and .NET, which “have a shallower learning curve,” according to the report.
“This appears to be a relatively new phenomenon,” the post read, while noting low-quality malware has been around for decades.
Keep reading here.—BH
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