The MBC Ransomware although little known is a group that practices large organised operations.
There are several malicious malware scattered across the internet, most of which infect random victims. However, MBC, like LockBit, does not carry out random attacks, but targets specific targets.
In July 2021 MBC was able to hack and block Iran’s railway system, the hack paralysed transport for an entire day. The means for recovery were not disclosed.
The following month, the group announced the launch of its website hosted on the TOR network for leaking companies encrypted by the ransomware. The announcement contained a countdown and a link directing to chat on Telegram.
After the ransomware runs, data is locked until the decryption key is released by the group. An extension developed by the hackers is added to the files, and from there, the extortion process begins.
So far, information about the encryption algorithm and ransom amounts are unknown.
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