It began with a laughable offer. Someone calling themselves “biba99” on a popular criminal forum claimed on Jan. 5 to provide “non-malicious” software to help organizations identify “security issues.” The author struggled to explain, in halting English, “why we are not … criminals” while assuring readers that the group would not hack hospitals or schools. A month later, the attacker behind what appeared to be a bumbling forum post is reportedly claiming responsibility for a ransomware attack on the multibillion-dollar outsourcing firm Serco. The ransomware gang, dubbed Babuk after the strain of code it uses, is a case study in how quickly crooks can learn the basics of digital extortion — and how that breeds ambition for big corporate scalps. It shows how even relatively unsophisticated criminals can bedevil major corporations. After claiming to only target companies that earn less than $4 million, the Babuk attacker went after Serco, Sky News […]
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