Fraud News

New Ransomware Discovery From Forcepoint

Author: Forcepoint Security Labs / Source: Information Security Buzz

Forcepoint Security Labs has identified a new form of ransomware called “CradleCore” – a crimeware kit that is currently being offered to cybercriminals looking to own custom ransomware. “Cradle Ransomware” as it is also being known is peculiar in the sense that it is being sold as source code. Typically, ransomware is monetised by developers using the RaaS business model. Only if that doesn’t work will the developers then consider selling the source code. In this case it is being sold as a one off source code which suggests that CradleCore may be a first or side project of someone with limited experience of malware business models…

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