Ransomware Targets Outdated Microsoft Excel Macros to Deploy Assaults

Microsoft Safety Intelligence alerted customers to a kind of ransomware, known as Avaddon, that makes use of Excel 4.zero macros to distribute malicious emails. These emails include attachments which deploy an assault when opened in any model of Excel.

Avaddon ransomware emerged in early June by means of a large spam marketing campaign that randomly focused its victims. Some patterns appear to point that the ransomware largely targets Italian customers.

Impersonating Italian officers

As BleepingComputer reports, the attackers behind the ransomware are recruiting “associates” to unfold the payload. Based on their evaluation, Avaddon’s common ransom quantity is round $900, paid in crypto.

The assault generally impersonates officers from Italy’s Labor Inspectorate. Messages alert small companies to alleged work violations throughout “a interval of disaster,” referring to the COVID-19 pandemic.

Microsoft said in its Twitter profile:

“Whereas an outdated approach, malicious Excel 4.zero macros began gaining reputation in malware campaigns in current months. The approach has been adopted by quite a few campaigns, together with ones that used COVID-19 themed lures.”

Avaddon’s messages warn about pending authorized actions which will probably be taken if the person doesn’t open the malicious doc.

Quite a few victims

A current research by cybersecurity agency, Proofpoint, shows a recent increase in email-based phishing assaults used to ship ransomware.

On July 1, Cointelegraph reported {that a} new ransomware was focusing on macOS customers who illegally torrent common apps. The assault, referred to as EvilQuest, was first noticed by K7 Lab malware researcher, Dinesh Devadoss.

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