GhostLocker 2.0 Unleashes Cyber Haunting Spree in the Middle East, Africa, and Asia

 

A new version of the infamous GhostLocker ransomware has been developed by cyber criminals, and they are now targeting users across the Middle East, Africa, and Asia with this ransomware. With the help of the new GhostLocker 2.0 ransomware, two ransomware groups have joined forces in attacking organizations in Lebanon, Israel, South Africa, Turkey, Egypt, India, Vietnam, and Thailand in double-extortion ransomware attacks, which have been conducted by two groups of ransomware groups, GhostSec and Stormous. 
The attack targets technology companies, universities, companies that manufacture, transport, and government organizations that have been rendered inaccessible by the file-encrypting malware. These are the main targets of these attacks, which attempt to scam victims into paying for decryption keys that would allow them to retrieve the data that was encrypted and render it inaccessible. 
According to researchers at Cisco Talos, who discovered the new malware campaign and cyberattack campaign being run by the criminals, the attackers had also threatened to release exposed victims’ sensitive data unless they paid hush money to keep the information hidden.

As a result of both GhostLocker and Stormous ransomware groups revamping their RaaS programs, they have introduced a new one called STMX_GhostLocker, which offers their affiliates several options for the distribution of ransomware. 

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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