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Ryuk ransomware gang probably Russian, not North Korean


The Ryuk ransomware is most likely the creation of Russian financially-motivated cyber-criminals, and not North Korean state-sponsored hackers, according to reports published this week by four cyber-security firms --Crowdstrike, FireEye, Kryptos Logic, and McAfee.

These companies published these reports this week after several news outlets incorrectly attributed a Ryuk ransomware infection at a major US news media group that took place over the Christmas holiday on North Korean hackers.

However, evidence suggests that the ransomware was created by a criminal group that Crowdstrike calls Grim Spider, who appears to have bought a version of the Hermes ransomware from a hacking forum, and modified it to their own requirements into what now is known as the Ryuk ransomware.

The confusion comes from the fact that North Korean state hackers deployed a version of the Hermes ransomware on the network of the Far Eastern International Bank (FEIB) in Taiwan after carrying out a hack...(continued)

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