Babuk is Customized by RA Ransomware Group

It has recently been discovered that an actor called the RA Group uses leaked Babuk source code in its attacks. The wrath of the same jas been faced by the companies in the United States and South Korea. Manufacturing, wealth management, insurance providers, and pharmaceuticals are among the compromised industries.

Cybercriminal gang Babuk continues to cause havoc with the leaked source code it uses to launch cyberattacks against its targets.

RA Group has been expanding its operations at the rate of 200 stores per month since April 22 as a result of an evaluation conducted by Cisco Talos this week. Several companies have been targeted in the US and South Korea by this threat, particularly in manufacturing, wealth management, insurance coverage, and pharmaceuticals.

There have already been a few RA victims since it became prevalent in April.

Four Companies Have Been Attacked by RA Ransomware

As per Cisco Talos’s research, “RA Group started leaking data on April 22, 2023, and we observed the first batch of victims on April 27, followed by the second batch on April 28, and we noticed more victims on April 29, 2023.”

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