Mimic is a ransomware family first discovered in 2022. Like other ransomware, it encrypts files on a victim’s system and demands a cryptocurrency payment for the decryption key. What makes Mimic particularly concerning is its dual approach: it not only encrypts data but also exfiltrates it beforehand. This stolen data can be used as leverage, with attackers threatening to release or sell it if the ransom is not paid.
Mimic is believed to reuse code from Conti, a well-known ransomware whose source code was leaked after the group publicly supported Russia’s invasion of Ukraine. While the exact origins of Mimic remain unclear, its operations appear to primarily target English- and Russian-speaking users.
Exploitation of Legitimate Tools
One of Mimic’s distinctive features is its exploitation of the API from Everything, a legitimate Windows file search tool developed by Voidtools. By leveraging this tool, the ransomware can quickly locate and encrypt files, increasing the efficiency of its attacks.
Importantly, Mimic does not rely on victims having Everything pre-installed. Instead, it typically packages the tool along with additional malicious programs designed to:
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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