After announcing their exit from the ransomware business in favor of data theft extortion, the Babuk gang appears to have slipped back into their old habit of encrypting corporate networks. The criminals are currently using a new version of their file-encrypting malware and have moved the operation to a new leak site that lists a handful of victims. Gang’s still in the game The Babuk ransomware group became known at the beginning of the year but the gang says that their attacks had started in mid-October 2020, targeting companies across the world and demanding ransoms typically between $60,000 and $85,000 in bitcoin cryptocurrency. In some cases, victims were asked hundreds of thousands for data decryption. One of their most publicized victims is the Washinton DC’s Metropolitan Police Department (MPD). This attack likely pushed the threat actor into announcing its retirement from the ransomware business only to adopt another extortion model that did not include encryption....
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