Tag: Babuk
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Babuk Ransomware-as-a-Service (RaaS) Gaining Popularity
In early 2021, the Babuk ransomware operation emerged, targeting businesses through double-extortion attacks. Multiple large enterprises were attacked, with one victim having to pay $85,000 after negotiations. However, the group faced a setback when their ransomware source code and various encryptors and decryptors were leaked on a Russian-speaking hacking forum in September 2021. Their activities… Read more