Press Release
Hackers target Russian businesses with ransomware that was disclosed by Conti.
Using the Conti ransomware’s stolen source code, a hacking group produced their own ransomware to be used in cyberattacks against Russian organisations.
We frequently hear about ransomware attacks that target businesses and encrypt data, but we hardly ever hear about assaults on Russian organisations.
This absence of attacks is a result of Russian hackers’ widespread conviction that if they do not target Russian targets, then the nation’s law enforcement will ignore attacks on other nations.
The situation has changed, though, as the hacking gang NB65 is now launching ransomware assaults against Russian firms.
Russian targets for ransomware
An organisation known as NB65 has been hacking Russian organisations for the past month, collecting their data, and exposing it online while claiming responsibility for the attacks on Russia’s invasion of Ukraine.
The document management company Tensor, the Russian space agency Roscosmos, and the state-owned Russian Television and Radio broadcaster VGTRK are among the Russian organisations that the hacking group claims to have attacked.
The attack on VGTRK was particularly noteworthy because it is claimed that 786.2 GB of data, including 900,000 emails and 4,000 files, were stolen and then released on the DDoS Secrets website.
The NB65 hackers have recently adopted a new strategy and, since the end of March, have been targeting Russian enterprises with ransomware attacks.
This is made even more intriguing by the fact that the hacker organisation used the Conti Ransomware operation’s leaked source code to construct their own ransomware. Conti is a group of Russian threat actors that forbid their members from assaulting targets in Russia.
A security researcher released 170,000 internal chat conversations and the source code for Conti’s operation after they sided with Russia in the war on Ukraine.
Threat researcher Tom Malka originally alerted BleepingComputer to NB65’s activities, but we were unable to locate a ransomware sample, and the hacking collective was unable to offer one either.
But yesterday, a sample of the modified Conti ransomware executable used by the NB65 was released to VirusTotal, giving us a look at how it operates.
This sample is recognised as Conti by almost all antivirus vendors on VirusTotal, and Intezer Analyze found that it shares 66% of the code with other Conti ransomware strains.
The ransomware developed by NB65 would append the when encrypting files, according to a test by BleepingComputer.
The names of the encrypted files have an NB65 extension.
Throughout the encrypted device, the ransomware will also produce ransom notes with the filename R3ADM3.txt. The threat actors will blame President Vladimir Putin for invading Ukraine for the cyberattack.
“We keep a careful eye on things. War crimes should not have been committed by your president. Look no further than Vladimir Putin for someone to blame for your current condition “reads the NB65 ransomware message displayed below.
In order to prevent existing decryptors from functioning, the NB65 hacker gang adjusted its encryptor for each victim based on the first Conti source code leak, according to a spokesperson who spoke to BleepingComputer.
“It has been changed such that no decryptor created by Conti will function. A random key is generated for each deployment depending on a few variables that we alter for each target, “According to NB65, BleepingComputer.
Without speaking to us, there is truly no way to decode.
NB65 informed us that they did not anticipate hearing from their victims at this time because they have not received any correspondence from them.
We’ll let NB65’s justifications for assaulting Russian groups speak for themselves.
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In May, the CEO of FTX trading, Sam Bankman-Fried, made claims that he expected to spend up to $1 billion in political donations in the run-up to the 2024 United States presidential election. According to data from OpenSecrets, if Sam could have done this political spending, then he would have become the largest political donor.
Now, Bankman-Fried, a crypto billionaire, is putting his foot on the brakes and saying that he will not spend $1 billion. This week at Politico’s Morning Money podcast, he said about his previous comments on campaign spending that it was a dumb quote. Moreover, he said that he thinks his messaging was sloppy and inconsistent in some cases.
In anticipation of the 2022 midterm elections, Bankman-Fried had reportedly raised around $40 million, to which Protect Our Future PAC had donated $28 million. Most of this fund had gone to Democratic candidates, such as over $10 million of the PAC’s donations had gone to a single Democratic congressional candidate, Oregon’s Carrick Flynn.
Bankman-Fried had previously touted these donations as a key tool in achieving progress in the billionaire’s policy areas of choice, but now he says that he is abstaining from any further political spending. On the podcast, he said that at some point, when you have given your message to voters, there’s not a whole lot more you can do.
However, he did not clarify that he would turn the spigot back on in the ramp-up to the 2024 presidential election. He also indicated that his experience of spending on politics had led him to re-evaluate a once general election-focused strategy.
Bankman-Fried said that he thinks primaries are more important, and he could try and talk about pandemic preparedness in a general election. But most voters are gonna say that’s cool, but like, he’s a Democrat or a Republican. Moreover, he said that’s not going to move the needle enough for me to go over the other issues.
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