​Deep Dive into Builder of Notorious Babuk Ransomware

In January 2021, a new ransomware called “Babuk” came to light after impacting at least five big enterprises. The ransomware has targeted many well-known organizations across several industry sectors such as Manufacturing, Transportation, Construction and Materials, and Law Firms, among others. Our research indicates that the Babuk ransomware group was highly active in May 2021 and performed at least 42 attacks, as shown in the figure below.  Figure 1 – Countries affected by the ransomware  The top 5 countries affected by the Babuk ransomware are the U.S, Canada, Spain, France, and Germany. The image below showcases the distribution of the top 10 industries targeted by Babuk.  Figure 2 – Industry-wise split of …

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