Ransomware gang targets IT employees with new SharpRhino malware

Ransomware gang targets IT employees with new SharpRhino malware

The Hunters Worldwide ransomware group is focusing on IT employees with a brand new C# distant entry trojan (RAT) known as SharpRhino to breach company networks.

The malware helps Hunters Worldwide obtain preliminary an infection, elevate their privileges on compromised programs, execute PowerShell instructions, and finally deploy the ransomware payload.

Quorum Cyber researchers who found the brand new malware report that it’s disseminated by a typosquatting website impersonating the web site for Indignant IP Scanner, a respectable networking device utilized by IT professionals.

Hunters Worldwide is a ransomware operation launched in late 2023 and flagged as a doable rebrand of Hive as a result of its code similarities.

Notable victims embrace U.S. Navy contractor Austal USA, Japanese optics big Hoya, Integris Well being, and the Fred Hutch Most cancers Heart, the place the cybercriminals demonstrated their lack of ethical boundaries.

Up to now, in 2024, the menace group has introduced 134 ransomware assaults in opposition to numerous organizations worldwide (aside from CIS), rating it tenth among the many most energetic teams within the house.

SharpRhino RAT

SharpRhino spreads as a digitally signed 32-bit installer (‘ipscan-3.9.1-setup.exe’) containing a self-extracting password-protected 7z archive with further recordsdata to carry out the an infection.

Archive contents
Archive contents
Supply: Quorum Cyber

The installer modifies the Home windows registry for persistence and creates a shortcut to Microsoft.AnyKey.exe, usually a Microsoft Visible Studio binary that’s abused on this case.

Moreover, the installer drops ‘LogUpdate.bat’, which executes PowerShell scripts on the gadget to compile C# into reminiscence for stealthy malware execution.

For redundancy, the installer creates two directories, ‘C:ProgramDataMicrosoft: WindowsUpdater24’ and ‘LogUpdateWindows,’ that are each used within the command and management (C2) trade.

Two instructions are hardcoded onto the malware, particularly ‘delay,’ to set the timer of the subsequent POST request for retrieving a command, and ‘exit,’ to terminate its communication.

Evaluation reveals that the malware can execute PowerShell on the host, which can be utilized to carry out numerous harmful actions.

Quorum examined this mechanism by efficiently launching the Home windows calculator by SharpRhino.

Function responsible for PowerShell execution
QFunction answerable for PowerShell execution
Supply: Quorum Cyber

Hunters Worldwide’s new tactic of deploying web sites to impersonate respectable open-source community scanning instruments signifies that they’re focusing on IT employees within the hopes of breaching accounts with elevated privileges.

Customers needs to be cautious of sponsored ends in search outcomes to evade malvertising, activate advert blockers to cover these outcomes totally, and bookmark official challenge websites recognized to acquire secure installers.

To mitigate the results of ransomware assaults, set up a backup plan, carry out community segmentation, and guarantee all software program is updated to scale back alternatives for privilege elevation and lateral motion.

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