New version of Rapid Ransomware spotted in the cyberspace

Internal Revenue Service name is used to distribute a new variant of Rapid Ransomware through malspam. The campaign affects countries like U.S, UK, and Germany. Mails used in this campaign have subjects like Please Note – IRS Urgent Message-164 and are containing a text that tells that the recipient has real estate taxes.

The malware is designed to appear as a compiled report on how much the targeted victim owned to the IRS.
The attached file is a zip named Notification-[number].zip. This zip file contains an infected word document that when it is open asks the victim for Enable Editing followed by Enable Content for the macros to run. If the macros are run, they will download the Rapid Ransomware executable and execute it. The Rapid Ransomware will scan a computer and then encrypt any data it founds with the .rapid extension.

When the encryption finishes, it will open a recovery.txt file that tells the victim to contact [email protected] or [email protected] for payment instructions.
This recovery.txt file is designed to start every time the victim logs in to the infected device from the %UserProfile%\AppData\Roaming\info.exe folder. The autorun process is: HKCU\Software\Microsoft\Windows\CurrentVersion\Run\ “Encrypter_074 ” = “%UserProfile%\AppData\Roaming\info.exe”.

By doing this, any new file that will be made after the encryption process will be encrypted too.
It is essential for every victim to know that info.exe process must be terminated every time the affected devices is used it can be closed or renamed with another name to stop its autostart process. For now, there is no way to decrypt the encrypted files.

The only solution for this kind of attacks is prevention! Remember always to use proper cybersecurity habits and an antivirus solution on every device that you own.

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