In May, Lockbit, usually the reigning king of ransomware gangs, found a fierce competitor in MalasLocker. Last month witnessed a record number of 556 reported ransomware victims, with Italy and Russia becoming major targets and a significant increase in attacks on the education sector.
MalasLocker claimed a whopping 171 total victims in May alone, beating out Lockbit with only 76 known attacks. What sets MalasLocker most apart, however, is its unique ‘charitable’ twist. Rather than demanding ransoms, they asked victims to donate to its approved charities. “Unlike traditional ransomware groups, we’re not asking you to send us money. We just dislike corporations and economic inequality,” reads MalasLockers ransom note. However, there is no confirmation that MalasLocker is keeping its word and decrypting the victim’s files after the donation. Ransomware gangs (and cybercriminals in general) have a long and storied history of writing long and tedious tracts justifying their criminal activity with grandiose claims.
Italy and Russia emerge as targets
Both Italy and Russia have had a major upswing in ransomware activity. Italy saw more than a six-fold increase from the month before, and Russia went from zero reported attacks to 50 in a single month.
This surge is entirely due to MalasLocker, which hit more targets in Italy and Russia than anywhere else. It is assumed that this is not a matter of deliberately targeting these countries, but rather simply where the most vulnerable targets are located.
Increased Ransomware Attacks on Education
The increase in ransomware attacks on the education sector in May is particularly concerning. There were 30 known attacks in May, which is the highest amount seen in a single month. This trend has been increasing over the past twelve months.
Between June 2022 and May 2023, Vice Society attacked more education targets than any other gang—a specialization that should alarm schools, colleges, and universities everywhere. More information on the Vice Society ransomware gang can be found here.
As always, we are reliant on people being vigilant and reporting suspicious activity on their systems to our IT Support team.
Contacts: +61 (2) 6773 5000 (toll-free 1800 763 040) or log a ticket via the IT Service Portal.
Thank you for your support in helping us maintain the cyber security integrity of UNE.
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