Fargo3 Ransomware

Fargo ransomware is malware that encrypts a victim’s data, leaving it absolutely inaccessible.

Fargo belongs to the TargetCompany group, which started its activities around June 2021 with a ransomware called Mallox. This ransomware targeted organizations in Asia and refused to encrypt files from machines in Russia, Kazakhstan, Ukraine, and Qatar.

In February 2022, Avast released a decrypter for the Mallox ransomware, leading to a shutdown of its activities.

However, in the month of September 2022, the TargetCompany group returns with a new variant of its malware, called the Fargo ransomware.

The Fargo ransomware deletes registry keys and damages any kind of recovery service on the infected machine. Before encryption, the ransomware stops some SQL-related processes and proceeds with the encryption taking into account some file types that should not be encrypted.

This new variant is more robust and more complex in recovery. Fargo uses a hybrid encryption process with ChaCha20, AES-128 and Curve25519 algorithms.

Right after encryption the ransomware adds the extension “.fargo3” to the original name of the infected files. Files with the extension then become inaccessible to the user.

A ransom note in a text file is then generated in the environment. In this file called “RECOVERY FILES.txt” the victim will find the step-by-step instructions for contacting the attackers and paying the ransom.

A Fargo ransomware attack can certainly be damaging for any unprepared company. Fortunately, there is still a solution even after the attack.

Recover files encrypted by Fargo3 ransomware

Digital Recovery has over 23 years of experience in the recovery market and we have learned how to recover files encrypted by ransomware without the use of a decryption key as promised by cybercriminals.

We have performed multiple recoveries from a wide range of extensions, many of which can be exploited completely remotely.

We know that encryption can cause considerable damage to industrial and commercial activities in certain circumstances. If this is the case, we can operate in emergency mode to provide the fastest possible response. This includes staff working around the clock to restore your service.

We also provide a non-disclosure agreement (NDA) to ensure complete project confidentiality.

So don’t waste time! Talk to our experts and get your data back now.

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