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About Fonix

Fonix is a mobile payment and messaging specialist.

Fonix Headquarter Location

23 Heddon Street

England,

United Kingdom

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Latest Fonix News

Ransomware in the CIS

Oct 7, 2021

Introduction These days, when speaking of cyberthreats, most people have in mind ransomware, specifically cryptomalware. In 2020–2021, with the outbreak of the pandemic and the emergence of several major cybercriminal groups (Maze, REvil, Conti, DarkSide, Avaddon), an entire criminal ecosystem took shape, leading to a mounting worldwide wave of attacks on large organizations with pockets deep enough to pay a ransom in the hundreds of thousands, even millions, of US dollars. This year, after a series of high-profile ransomware incidents, such as the attacks on Colonial Pipeline (the operator of the largest fuel pipeline in the US), JBS and Kaseya, and the heightened scrutiny from the US and other authorities that followed, the ransomware market has undergone some major changes: some groups have shut up shop, others have rebranded. Most of the groups you might read about in the news today tend to operate outside the CIS. That said, companies in this region still cannot relax, since they are the target of dozens of lesser-known groups. This roundup spotlights the ransomware Trojan families that most actively attacked businesses in the CIS in H1 2021, and their technical characteristics. Statistics Number of business users in the CIS who encountered ransomware, January–July 2021 ( download ) Unique business users whose devices were attacked by ransomware Trojans as a percentage of all unique users of Kaspersky products in the country, January–July 2021 ( download ) Ransomware families at a glance BigBobRoss/TheDMR This ransomware became active at the back end of 2018 and remains current. According to our data, its main vector of distribution is cracking RDP passwords . When launched, BigBobRoss shows the operator technical information, including the key for subsequent file decryption. The malware also sends a message with this information via Telegram. Technical file created by BigBobRoss After encryption, the contents of the folders look as follows: the cybercriminals’ e-mail address and the victim’s ID are added to the beginning of each file, followed by the original name and extension, and then the extension added by the ransomware. Encrypted files and a note from the attackers Additionally, a note with the attackers’ details is added to each folder. Note left by the ransomware For encryption, the program uses the AES symmetric algorithm with a 128-bit key in ECB mode (simple substitution mode) from the CryptoPP cryptographic library. The PDB retains information about the name of the project. The developer may be Russian-speaking, but it is impossible to say for sure, since the name could just be an attempt to muddy the waters. PDB info of the executable file Crysis/Dharma Crysis is an old piece of cryptomalware known since 2016. It is known to be deactivated and then revived . Currently, it is still active. The Trojan’s code has remained unchanged for several years, and today it is distributed through a Ransomware-as-a-Service (RaaS) affiliate program. Crysis is written in C/C ++ and compiled in MS Visual Studio. The malware encrypts files using the AES-256 algorithm in CBC mode. Upon launch, the Trojan generates a 256-bit AES key that is encrypted using the RSA-1024 algorithm, with the attacker’s public key contained in the Trojan’s body. Each file is encrypted using the aforementioned AES key, as well as the freshly generated 128-bit initialization vector (IV). Besides the encrypted content, the encrypted file stores the IV, the RSA-encrypted AES key, and auxiliary information, including the attacker’s label (a string value), the SHA1 hash of the used RSA public key, the original file name, the encryption type (the part of the file to be encrypted is chosen differently for small and large files) and the checksum. Crysis ransom note The typical Crysis attack vector is unauthorized RDP access. The attacker cracks the credentials (through a dictionary/brute-force attack or ready lists bought from other cybercriminals), connects remotely to the victim’s computer, and runs the Trojan manually. Phobos/Eking This ransomware has been around since 2017. At the conceptual level (code structure, approaches used by the developers), Phobos is similar to Crysis in many ways. This suggests that either the Trojans share the same developer, or the authors of Phobos are familiar with how Crysis works. However, we found no direct borrowing of code; in other words, these are different families of Trojans assembled from different sources. Like most modern ransomware, Phobos is distributed through a RaaS affiliate program. The main vector of infection is unauthorized RDP access. Phobos is written in C/C++ and compiled in MS Visual Studio. It uses the AES-256-CBC algorithm to encrypt the victim’s files, while the AES key is encrypted using the RSA-1024 public key contained in the body of the malware. Phobos ransom note Cryakl/CryLock Cryakl is probably the oldest ransomware featured in this post. The first version was detected back in April 2014. However, it seems that in modern versions of this Trojan, not a single line of code is left over from that time. Cryakl has been rewritten many times, and changes are introduced with each new version, often significant ones. It is distributed through an affiliate program. Currently, its most common attack vector is via RDP. For the attacker’s convenience, the Trojan supports a graphical interface. The operator configures the necessary settings manually in the program window. Cryakl settings window Cryakl is written in Delphi. The modern version of Cryakl uses a custom symmetric cipher to encrypt the victim’s files, and the RSA algorithm to encrypt the key. An interesting feature of the current versions of Cryakl, not seen in other ransomware, is advanced processing of archive file formats. Archives can be large, and encrypting them in their entirety takes a long time. And if only an arbitrary piece of a file is encrypted, it is possible to recover some of the content without decryption. Cryakl features specialized procedures for handling the ZIP, 7z, TAR, CAB and RAR (old versions and RAR5) formats. It parses each of these formats and encrypts only the critical parts of the archive, delivering high performance and preventing data recovery without decryption. Part of the procedure for analyzing the ZIP format Cryakl ransom note CryptConsole CryptConsole was first spotted in January 2017 and is still encountered today. It is written in C# and uses .NET libraries for encryption. The main vector of distribution is cracking RDP passwords. CryptConsole note For encryption, two key and IV pairs are generated. These are written to a text file, along with a size parameter that reflects how much of the user’s file is to be encrypted, and placed on the desktop. The name of this text file is a 40-character string that matches the user’s unique identifier (Personal ID in the note). It is assumed that the malware operator, having gained access via RDP, runs the ransomware and saves this file for themselves, then deletes it from the victim’s device. It may prove possible to recover the file, but there is no guarantee. Interestingly, the size of the encrypted part of the file (the size parameter) is a random value in the range [5485760, 10485760]. File with keys left by the ransomware The encryption scheme is also curious. As mentioned above, the ransomware generates two random pairs: key+IV and key2+IV2. The file size is then compared to the previously generated random size value. If the file is greater than size, only the part of the file that is less than or equal to this value is encrypted, before which a buffer with size bytes of random data is written to the file. Generating the key/IV pairs, ID, and size Encryption is performed using the symmetric AES algorithm. First, a size bytes chunk of the file is encrypted using key and IV, then the encrypted buffer is reversed and encrypted again, this time using key2 and IV2. This is how the dual encryption scheme works. Dual encryption scheme for small files Large files, as mentioned before, are first filled with size bytes of arbitrary data. Only after that is the encrypted data appended. Dual encryption scheme with arbitrary data writing Fonix/XINOF Fonix ransomware appeared in the summer of 2020. In January 2021, its creators announced the closure of the project and even published the master key, which we used to build a decryptor for victims of this Trojan. However, that was not the end of the Fonix story. A few months later (in June 2021), we detected attacks by a new version of Fonix, which doesn’t use the old master key. This version of Fonix mimics the Crysis and Phobos Trojans, using the same extensions and naming scheme for encrypted files. If the files affected by earlier versions of Fonix had names like picture.jpg.Email=[actor@mail.tld]ID=[B49D8EF5].XINOF, now they are indistinguishable from the names of the files encrypted by Crysis (picture.jpg.id-523E8573. [actor@mail.tld].harma) or Phobos (picture.jpg.ID-70AB2875.[actor@mail.tld].eking). The path to the project’s PDB file, preserved in the Trojan sample, likewise speaks of deliberate masking: the line “DharmaVersion” points unambiguously to the Dharma family (an alternative name for the Crysis ransomware). PDB path Fonix is written in C++ using the CryptoPP library and compiled into a 64-bit executable file in MS Visual Studio. It is distributed using the RaaS scheme, with the main method of delivery to the victim’s system being via spam with a malicious attachment. After each infection, the ransomware sends a notification to its operator via Telegram, which, incidentally, is nothing new and was first seen several years ago. Sending a notification in Telegram Upon infecting the host, Fonix also checks the victim’s geolocation by IP and, if launched in Iran, ceases its activity without encryption. Country check in Fonix To encrypt user files, it uses the ChaCha or Salsa algorithms (depending on the file size). The ChaCha/Salsa keys are encrypted by RSA with a session public key generated when the Trojan is launched. The session private key is encrypted by RSA using the public master key contained in the body of the malware. Early versions of Fonix had their own design of ransom notes. Fonix ransom note (early version) In modern samples, meanwhile, we see the look of some versions of Crysis’ and Phobos’ ransom notes being copied. Fonix ransom note (modern version) Limbozar/VoidCrypt This ransomware appeared in mid-2019. Some versions of it are also known as Limbo, Legion, Odveta and Ouroboros. Limbozar is distributed through an affiliate program (RaaS). Currently, the main vector of distribution is unauthorized RDP access. Limbozar is written in C++, compiled in MS Visual Studio and uses the CryptoPP library to implement cryptographic functions. The cryptographic scheme has changed several times throughout the family’s history. When launched, modern versions of Limbozar generate an RSA-2048 session key pair, followed by a 256-bit key and a 96-bit initialization vector for the AES algorithm in GCM mode. The private RSA session key is encrypted with the AES algorithm and saved locally. Next, the key+IV pair for AES is encrypted with one of the several public RSA master keys contained in the Trojan’s body, and is also saved to the local drive. After this preparatory phase, Limbozar searches for the victim’s files and encrypts them with the AES-GCM algorithm, generating for each file a unique key+IV pair, which, in turn, it encrypts with the RSA session public key. After encryption, the malware leaves the cybercriminals’ demands in the Decrypt-info.txt files. Limbozar ransom note Upon full encryption, Limbozar also sends a notification about the new victim to its C&C server using a POST request. To implement network communication, the SFML library (libsfml-network) is used. Notification about a new Limbozar infection Thanos/Hakbit Thanos became active in late April 2020, although information about it first appeared in January when it was presented as RaaS on a hacker forum. The ransomware is written in C#. According to our information, its main vector of distribution is cracking RDP passwords. Desktop wallpaper of an infected machine displaying a ransom note Since the distribution model is RaaS, the ransomware is distributed through a builder, enabling the customization of the Trojan itself and a decryptor for it. There are many different settings in the builder: both basic (extension of encrypted files, name and content of ransom note, payment address) and more advanced (code obfuscation, self-delete, disabling Windows Defender, bypassing the Antimalware Scan Interface (AMSI), unlocking files occupied by other processes, protecting the ransomware process, preventing sleep, execution delay, fast encryption mode for large files, setting extensions of the files to be encrypted, selecting a victim notification method). The leaked constructor can be found online. Most likely, it was uploaded by the operator who bought it. For protection, it features a built-in HWID check, suggesting it was assembled for the specific device of the operator. The decryptor can decrypt files using the user ID, which is an RSA-encrypted key for a symmetric encryption algorithm (different versions have different symmetric algorithms). Decryptor for Thanos The ransomware can employ a range of encryption schemes. In various samples of the ransomware, we came across the following: One key for all files; Salsa20 encryption Different keys for all files; Salsa20 encryption One key for all files passed through PBKDF2 function; AES-256 CBC encryption One key for all files passed through PBKDF2 function (1000 iterations for small files and 50,000 iterations for large (>15 MB) files), then AES-256 CBC encryption An illustration of one of the encryption schemes (static key + PBKDF2 + AES-256 CBC) and the code obfuscation method are given below. The obfuscation is rather weak, which makes it possible to recover the original code. One of the blocks of code used for encryption The ransom note does not differ much. As usual, the purpose is to leave contact details and intimidate the user. Thanos ransom note Thanos implements a rather flexible attack scheme, allowing the operator to independently select the ransomware’s features and generate it to suit their specific needs. XMRLocker XMRLocker was first noticed in early August 2020. It is written in C# and uses .NET libraries for encryption. Encryption is performed using a generated password of random length of 65–101 characters. A fixed alphabet, which includes English upper- and lower-case letters plus some special characters, is used to generate the password. Password generation in XMRLocker Encryption uses the AES algorithm with a key length of 256 bits in CFB mode and with PKCS7 padding. The pre-generated password is passed through the PBKDF2 function with 50,000 iterations, and the result is converted to a key and IV for further encryption. PBKDF2 uses a 32-byte random salt, which gets written to the beginning of each file. A single key is generated for all files. It is saved in a text file named HWID, which is sent to the C&C server hosted on Tor network and then deleted. Encryption function After encryption, the machine is shut down. Upon next startup, the user is greeted with a mocking description of what has happened and the cybercriminals’ details. Message after startup The ransomware note, as usual, contains contact details and an ID. The only surprising element is the words “files encrypted with Base-64 algorithm,” since this is not an encryption algorithm and is not used at all by this ransomware. Note left by the ransomware Takeaways Both well-known and relatively new business-oriented ransomware is present in the CIS. Many of these threats are actively developing, and some, since being discovered, have been shut down only to reappear on the market. Cybercriminals use various encryption techniques, some of them quite curious, such as dual encryption in CryptConsole and archive processing in Cryakl. Although there are different vectors of malware distribution, most of the current crop of ransomware threats targeting businesses in the CIS penetrate the victim’s network via RDP. To counter this, it is important to create strong passwords for domain accounts and change them regularly. It is also advised to block RDP access from the internet and use a VPN to connect to the corporate network instead. IoC

Fonix Investments

2 Investments

Fonix has made 2 investments. Their latest investment was in Unveil Technologies as part of their Series A on June 6, 2003.

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Fonix Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/17/2003

Series A

Unveil Technologies

$7.5M

Yes

4/13/2001

Series A

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$99M

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0

Date

6/17/2003

4/13/2001

Round

Series A

Series A

Company

Unveil Technologies

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Amount

$7.5M

$99M

New?

Yes

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Co-Investors

Sources

0

Fonix Portfolio Exits

2 Portfolio Exits

Fonix has 2 portfolio exits. Their latest portfolio exit was Unveil Technologies on October 24, 2005.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/24/2005

Acquired

9/14/1999

Acquired - II

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$99M

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0

Date

10/24/2005

9/14/1999

Exit

Acquired

Acquired - II

Companies

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Valuation

$99M

Acquirer

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Sources

0

Fonix Acquisitions

1 Acquisition

Fonix acquired 1 company. Their latest acquisition was Articulate Systems on July 01, 1998.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/1/1998

Series D

$99M

$2M

Acquired

1

Date

7/1/1998

Investment Stage

Series D

Companies

Valuation

$99M

Total Funding

$2M

Note

Acquired

Sources

1

Fonix Partners & Customers

2 Partners and customers

Fonix has 2 strategic partners and customers. Fonix recently partnered with Alert Logic on July 7, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

7/22/2014

Vendor

Alert Logic

United States

Fonix Mobile selects Alert Logic to extend its secure cloud experience - Alert Logic

Fonix selects Alert Logic to extend its secure cloud experience .

1

10/15/2001

Licensee

InfoSpace

United States

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10

Date

7/22/2014

10/15/2001

Type

Vendor

Licensee

Business Partner

Alert Logic

InfoSpace

Country

United States

United States

News Snippet

Fonix Mobile selects Alert Logic to extend its secure cloud experience - Alert Logic

Fonix selects Alert Logic to extend its secure cloud experience .

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Sources

1

10

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