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New Year, New Ransomware: Babuk Locker Targets Large Corporations

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Despite being a mostly run-of-the-mill ransomware strain, Babuk Locker’s encryption mechanisms and abuse of Windows Restart Manager sets it apart.
Only a few days into the new year, one of the first new ransomware strains of 2021 has been discovered. Dubbed Babuk Locker, the ransomware appears to have successfully compromised five companies thus far, according to new research.
The research author, Chuong Dong, a computer science student at Georgia Tech, said that he first saw the ransomware mentioned in a tweet by a security researcher who goes by “Arkbird” on Twitter. He then discovered information about Babuk on RaidForums, which is a forum for sharing databases of breaches and leaks. ....

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