ALPHV BlackCat – This year’s most sophisticated ransomware

The new ALPHV ransomware operation, aka BlackCat, launched last month and could be the most sophisticated ransomware of the year, with a highly-customizable feature set allowing for attacks on a wide range of corporate environments.

The ransomware executable is written in Rust, which is not typical for malware developers but is slowly increasing in popularity due to its high performance and memory safety.

MalwareHunterTeam found the new ransomware and told BleepingComputer that the first ID Ransomware submission for the new operation was on November 21st.

There is a very interesting new Rust coded ransomware (first ITW?), BlackCat.
Another one used to encrypt companies' networks.
Already seen some victims from different countries, from the second half of past November.
Also look at that UI. Back to '80s?
😂@demonslay335 @VK_Intel pic.twitter.com/YttzWWUD3c

— MalwareHunterTeam (@malwrhunterteam) December 8, 2021

The ransomware is named by the developers as ALPHV and is being promoted on Russian-speaking hacking forums.

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