LolKek ransomware is a variant of BitRansomware, a family that used the RaaS (Ransomware as a Service) approach.
The RaaS tactic consists of selling the malware to agents outside the group that developed the ransomware, the ransomware is offered on dark web forums and interested parties can make the purchase.
The group has a stake in the ransom amount paid by the victim of the attack, the agent needs to follow the guidelines set by the group.
LolKek was developed to break into and attack the Windows operating system, attacks have been rising rapidly, this is the influence of the RaaS tactic.
After the LolKek ransomware invades the victim’s system, this through spam email campaigns, trojans and others, it quickly maps the files to encryption and disables the system’s defences.
All affected files receive the extension ” .ReadMe “ all these files can no longer be opened, they can only be opened again with the help of the decryption key that is maintained by the group.
After the encryption is completed a text file is generated with the ransom terms, usually this file contains the group’s email address for the victim to contact.
Government authorities do not recommend negotiating and paying the ransom because these resources finance the group.
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