Details of the 8Base
According to a research conducted by Malwarebytes and NCC Group, as of May, the ransomware group may have been linked with a total of whopping 67 attacks. Among these cyber incidents, around half of the manufacturing, construction, and business services industries together account for around half of the affected firms. The targeted firms are primarily located in the United States and Brazil, indicating a geographic focus by the threat group.
June saw a significant surge in ransomware activities. The fact that the offenders used a dual extortion tactic raised the stakes for their victims is notable.
A list of 35 victims who have been identified has so far been on the 8Base-affiliated dark web extortion site. There have even been occasions where up to six companies have fallen victim to the ransomware operators' nefarious activities at once on specific days.
According to the VMware Carbon Black team, based on its recent activities, and its similarities of ransom notes and content on leak sites along with identical FAQ pages, 8Base could as well be a rebranding of the popular ‘RansomHouse’ ransomware group. RansomHouse, however flexibly promotes its partnership, while 8Base does not.
It is also noteworthy that a Phobos ransomware sample was also discovered by the VMware researchers, that was utilizing the “.8base” file extension, indicating the 8Base could well be the successor of or utilizing the existing ransomware strain.
The researchers concluded that the efficient operations conducted by the 8Base ransomware group may continue to group, which could be an onset of a mature organization. However, it has not yet been made clear whether the group is based on Phobos or RansomHouse.
As for now, there are speculations on 8Base's use of various ransomware strains, whether it be in earlier iterations or as a fundamental component of its typical mode of operation. However, it is commonly known that this organization is very active, with a concentration on smaller firms as a significant target.
