Hardbit Ransomware

HardBit is a ransomware group that emerged on the cyber threat landscape in October 2022. This malware, which is harmful software designed to exploit and damage computers or devices, is offered by the group in both Command-Line Interface (CLI) and Graphical User Interface (GUI) versions. Unlike other ransomware operations, HardBit does not currently employ a double extortion model. The method through which HardBit initially gains access to systems remains unknown, but experts at Cybereason have noted that it follows similar methodologies associated with other ransomware operations. Upon infecting an organization's network, HardBit instructs its victims to contact them either by email or via the Tox instant messaging platform. A unique aspect of HardBit's operation is its approach to setting ransoms; it tailors the ransom amount to match the victim's cyber insurance payout. This information was first reported by Malwarebytes Labs and subsequently covered by SecurityWeek, highlighting the increasingly sophisticated tactics employed by ransomware groups. FortiGuard Labs has been successful in detecting known variants of the HardBit ransomware using specific Antivirus (AV) signatures. Despite this, the evolving nature of HardBit's tactics and the ongoing uncertainty around its initial access methods underscore the need for continued vigilance and advanced cybersecurity measures. As of now, organizations are advised to remain cautious about suspicious downloads, emails, or websites, which are common vectors for malware infections.