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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