Conti is a notorious ransomware that has been observed since 2020, believed to be distributed by a Russia-based group.
It operates as a ransomware-as-a-service (RaaS), enabling other cybercriminals to deploy this malware for their own purposes. Conti is particularly known for its utilization of double extortion techniques, where it not only encrypts victim’s files but also steals and threatens to publish sensitive data if the ransom is not paid.
Key features and characteristics of Conti include:
- Encryption and Ransom Demands:
Conti is designed to encrypt files on the targeted system, rendering them unusable. The victim is then presented with a ransom demand in exchange for the decryption key needed to restore access to the files. - Double Extortion Strategy:
Like some other advanced ransomware variants, Conti employs a double extortion strategy. In addition to encrypting files, the attackers exfiltrate sensitive data from the victim’s network. The threat actors then threaten to release or sell this data unless the victim pays the ransom, adding an extra layer of pressure. - Targeted Attacks:
Conti is often associated with targeted attacks against organizations, including businesses and enterprises. These attacks are typically financially motivated, with the aim of extorting significant ransom payments from the victimized entities. - Affiliate Model:
Conti operates on an affiliate model, where the ransomware is distributed and deployed by collaborating cybercriminals. Affiliates, often responsible for gaining initial access to target networks, receive a share of the ransom payments. - Delivery Methods:
Conti ransomware is typically delivered through various attack vectors, including phishing emails, malicious attachments, and exploiting vulnerabilities in software and systems. Social engineering tactics are commonly used to trick individuals within an organization into initiating the infection process. - Ransom Payments:
Conti, like many ransomware groups, demands payments in cryptocurrency, usually Bitcoin or other difficult-to-trace digital currencies. Despite compliance with ransom demands, there is no guarantee that the attackers will provide a functional decryption key. - Impact and Notoriety:
Conti has gained notoriety for its involvement in high-impact cyber attacks, causing significant disruptions and financial losses for victimized organizations.