November 13, 2017 By Douglas Bonderud 2 min read

Ransomware attacks are getting worse. That’s the word from Sophos chief Kris Hagerman, who recently told The Telegraph, “We are probably in the early innings of the threat posed by ransomware.”

A quick look at the file lockdown landscape lends credence to the argument. As noted by Bleeping Computer, new variants such as LockCrypt are now targeting unsecured enterprise servers with solid encryption and advanced obfuscation techniques. They are demanding between $3,500 and $7,000 per device for decryption keys, paid in bitcoin.

From RaaS to RDP Rampage

LockCrypt got its start under the umbrella of the Satan ransomware-as-a-service (RaaS), which lets would-be attackers piggyback on existing malware code to infect corporate systems. As noted by ZDNet, the Satan HTML file uses RSA-2048 and AES-256 cryptography, making it difficult — if not impossible — for victims to recover files unless they’re willing to pay.

The catch? Satan’s creators take a 30 percent share of all profits generated, making it a great entry-level option but not ideal for long-term gains.

Early versions of LockCrypt used email addresses associated with the Satan RaaS, but more recent attacks have ditched Satan infection vectors in favor of brute-force remote desktop protocol (RDP) attacks that compromise unsecured enterprise servers and then move laterally to as many devices as possible.

Victims receive a visual warning telling them files have been encrypted and directing them to a Readme file, which contains details on how to pay the ransom and recover file control. Analyzing bitcoin wallet IDs used in ransom demands, security researchers discovered the LockCrypt creators have already generated more than $175,000 in payments.

Full-Featured Ransomware Attacks

While initial versions of LockCrypt weren’t particularly complex, current attack vectors come with a number of features that make it a threat worth watching. First, the ransomware leverages strong encryption to prevent users and security firms from finding simple workarounds.

LockCrypt also gains boot persistence and deletes shadow volume copies, hampering the ability of users to remove infected code. Last but not least? It kills all non-Windows core processes, effectively curtailing the ability of antivirus or antimalware tools to detect and eliminate the ransomware.

LockCrypt isn’t the first ransomware to make the move from spam kits to RDP brute-force attacks, but it certainly raises the bar in terms of complexity and persistence. More importantly, it represents a marked shift from pay-to-play exploit kits to custom-designed malware. Now, these kits are giving low-level actors the tools and training they need to get started and experiment, in turn allowing them to develop targeted ransomware strains capable of backing users into a virtual corner and leaving them little choice but to pay up.

The corporate takeaway? Resecure RDP access points ASAP, make sure to regularly update remote desktop defense and reduce or eliminate the use of RDP wherever possible to minimize total risk. More importantly? Recognize the hallmarks of new ransomware attacks: custom-built, clever and feature-complete.

More from

Cloud Threat Landscape Report: AI-generated attacks low for the cloud

2 min read - For the last couple of years, a lot of attention has been placed on the evolutionary state of artificial intelligence (AI) technology and its impact on cybersecurity. In many industries, the risks associated with AI-generated attacks are still present and concerning, especially with the global average of data breach costs increasing by 10% from last year.However, according to the most recent Cloud Threat Landscape Report released by IBM’s X-Force team, the near-term threat of an AI-generated attack targeting cloud computing…

Testing the limits of generative AI: How red teaming exposes vulnerabilities in AI models

4 min read - With generative artificial intelligence (gen AI) on the frontlines of information security, red teams play an essential role in identifying vulnerabilities that others can overlook.With the average cost of a data breach reaching an all-time high of $4.88 million in 2024, businesses need to know exactly where their vulnerabilities lie. Given the remarkable pace at which they’re adopting gen AI, there’s a good chance that some of those vulnerabilities lie in AI models themselves — or the data used to…

FBI, CISA issue warning for cross Apple-Android texting

3 min read - CISA and the FBI recently released a joint statement that the People's Republic of China (PRC) is targeting commercial telecommunications infrastructure as part of a significant cyber espionage campaign. As a result, the agencies released a joint guide, Enhanced Visibility and Hardening Guidance for Communications Infrastructure, with best practices organizations and agencies should adopt to protect against this espionage threat. According to the statement, PRC-affiliated actors compromised networks at multiple telecommunication companies. They stole customer call records data as well…

Topic updates

Get email updates and stay ahead of the latest threats to the security landscape, thought leadership and research.
Subscribe today