By Shunichi Imano, James Slaughter and Fred Gutierrez | August 30, 2024
FortiGuard Labs gathers data on ransomware variants of interest that have been gaining traction within our datasets and the OSINT community. The Ransomware Roundup report aims to provide readers with brief insights into the evolving ransomware landscape and the Fortinet solutions that protect against those variants.
This edition of the Ransomware Roundup covers the Underground ransomware.
Affected platforms: Microsoft Windows
Impacted parties: Microsoft Windows
Impact: Encrypts victims' files and demands ransom for file decryption
Severity level: High
Underground Ransomware Overview
The first sample of Underground ransomware was first observed in early July 2023, on a publicly available file scanning site. This roughly coincides with the timing of the first victim posted on its data leak site on July 13, 2023.
Like most ransomware, this ransomware encrypts files on victims' Windows machines and demands a ransom to decrypt them via dropped ransom notes.