Two business days into the New Year, a novel enterprise ransomware has emerged

A new ransomware strain has been discovered demanding thousands of dollars from its victims. Babuk Locker is a ransomware operation that only began in 2021 but which has already acquired a small list of victims from various countries.

“Since this is the first detection of this malware in the wild, it’s not surprising that Babuk is not obfuscated at all,� Chuong Dong, a security researcher that has analyzed the new strain, explained. “Overall, it’s a pretty standard ransomware that utilizes some of the new techniques we see such as multi-threading encryption as well as abusing the Windows Restart Manager similar to Conti and REvil.

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