'Bad Rabbit' Ransomware Strikes Ukraine And Russia

Ransomware on a computer screenImage copyright AFP
Image caption Two other ransomware outbreaks have made headlines this year - WannaCry and Petya

A new strain of ransomware nicknamed "Bad Rabbit" has been found spreading in Russia, Ukraine and elsewhere.

The malware has affected systems at three Russian websites, an airport in Ukraine and an underground railway in the capital city, Kiev.

The cyber-police chief in Ukraine confirmed to the Reuters news agency that Bad Rabbit was the ransomware in question.

It bears similarities to the WannaCry and Petya outbreaks earlier this year.

However, it is not yet known how far this new malware will be able to spread.

"In some of the companies, the work has been completely paralysed - servers and workstations are encrypted," head of Russian cyber-security firm Group-IB, Ilya Sachkov, told the TASS news agency.

Two of the affected sites are Interfax and Fontanka.ru.

Russia hit most

"According to our data, most of the victims targeted by these attacks are located in Russia," said Vyacheslav Zakorzhevsky at Kaspersky Lab.

"We have also seen similar but fewer attacks in Ukraine, Turkey and Germany."

Bad Rabbit encrypts the contents of a computer and asks for a payment - in this case 0.05 bitcoins, or about $280 (£213).

Cyber-security firms, including Russia-based Kaspersky, have said they are monitoring the attack.

Media playback is unsupported on your device
Media captionWhat is ransomware?

The malware is still undetected by the majority of anti-virus programs, according to analysis by virus checking site Virus Total.

One security firm, Eset, has said that the malware was distributed via a bogus Adobe Flash update.

Researcher Kevin Beaumont has posted a screenshot that shows Bad Rabbit creating tasks in Windows named after the dragons Drogon and Rhaegal in TV series Game of Thrones.

The outbreak bears similarities to the WannaCry and Petya ransomware outbreaks that spread around the world causing widespread disruption earlier this year.

RECENT NEWS

From Chip War To Cloud War: The Next Frontier In Global Tech Competition

The global chip war, characterized by intense competition among nations and corporations for supremacy in semiconductor ... Read more

The High Stakes Of Tech Regulation: Security Risks And Market Dynamics

The influence of tech giants in the global economy continues to grow, raising crucial questions about how to balance sec... Read more

The Tyranny Of Instagram Interiors: Why It's Time To Break Free From Algorithm-Driven Aesthetics

Instagram has become a dominant force in shaping interior design trends, offering a seemingly endless stream of inspirat... Read more

The Data Crunch In AI: Strategies For Sustainability

Exploring solutions to the imminent exhaustion of internet data for AI training.As the artificial intelligence (AI) indu... Read more

Google Abandons Four-Year Effort To Remove Cookies From Chrome Browser

After four years of dedicated effort, Google has decided to abandon its plan to remove third-party cookies from its Chro... Read more

LinkedIn Embraces AI And Gamification To Drive User Engagement And Revenue

In an effort to tackle slowing revenue growth and enhance user engagement, LinkedIn is turning to artificial intelligenc... Read more