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Summary
In July of 2021, a new ransomware named BlackMatter emerged and was being advertised in web forums where the group was searching for compromised networks from companies with revenues of $100 million or more per year. Although they are not advertising as a Ransomware-as-a-Service (RaaS), the fact they are looking for “partners” is an indication that they are operating in this model. Furthermore, the group is claiming to have combined features from larger groups, such as DarkSide and REvil (a.k.a. Sodinokibi).
According to an interview with an alleged representative from BlackMatter, they have incorporated the ideas of LockBit, REvil, and DarkSide, after studying their ransomware in detail. Also, the BlackMatter representative believes that other ransomware groups have disappeared from the scene due to attention from governments following high-profile attacks. BlackMatter plans to avoid such attention by being careful not to infect any critical infrastructure. This is echoed on their website, which states they are not willing to attack hospitals, critical infrastructures, defense industry, and non-profit companies.
The oil and gas industry is also excluded from the target list, a reference to the Colonial Pipeline attack where DarkSide stopped the fuel delivery across the Southeastern of the United States, followed by the shut down of the ransomware operation due to the pressure from law enforcement. The BlackMatter spokesperson also said that the Colonial PIpeline attack was a key factor for the shutdown of REvil and DarkSide, and that’s why they are excluding this kind of sector from the target list.
BlackMatter already claims to have hit three victims, each listed on their deep web site, which follows the same standard from other groups, containing the name of the attacked company, a summary of what data they have stolen, and the deadline for the ransom before the data is published.
One of the companies infected by BlackMatter is SolarBR, which is the second-largest manufacturer of Coca-Cola in Brazil, where the group claimed to have stolen 50 GB of confidential finance, logistics, development, and other data.
According to the post, if the ransom isn’t paid, the group will publish the data and inform all of the “biggest mass-media in Brazil and US,” making “Coca Cola and her lovers” to be “madly angry”.
There is no official information about the ransom amount BlackMatter is requesting from Solar Coca-Cola, but the deadline is set to August 23, 2021.
In this threat coverage report, we will analyze a Windows BlackMatter sample, version 1.2, describing some of the key features of the malware.
Threat
Like other malware, BlackMatter implements many techniques to avoid detection and make reverse engineering more challenging. The first item we would like to cover is how BlackMatter dynamically resolves API calls to hide them from the PE import table.
This is done by a multi-step process. First, the malware creates a unique hash that will identify both the DLL and API name that needs to be executed. To make this a bit harder for static detections, the real hash value is encrypted with a simple XOR operation. In this case, the key is 0x22065FED.
In the example above, after the XOR operation, the value 0x27D05EB2 is passed as a parameter to the function responsible for searching and loading the API. The code first enumerates all the DLLs that are loaded within the process through a common but interesting technique.
First, it loads the Process Environment Block (PEB) address, which is located in the Thread Environment Block (TEB). Then, it loads the doubly linked list that contains all the loaded modules for the process, located in the