Netskope Threat Coverage: BlackSnake Ransomware

Summary

BlackSnake is a ransomware-as-a-service (RaaS) group that first appeared in a hacking forum in August 2022, where the operators were seeking affiliates and stating that they would take 15% of the profit, which is below the typical average of 20-30%. On February 28, 2023, a new variant of BlackSnake was spotted, and is notable for having a clipper module that targets cryptocurrency users. This is an additional attempt to directly steal the victim’s money, while also encrypting files and asking for a ransom. 

BlackSnake is apparently targeting only home users at this point. This is due to the low ransom value demanded by this variant and the fact that the group does not have a website for publishing stolen data, often named the “wall of shame”, which is a common practice among RaaS groups that targets large organizations. Also, unlike other ransomware groups, like BlackCat or LockBit, BlackSnake does not provide a website as a contact point. The communication between attackers and victims occurs exclusively through emails.

Additionally, there is evidence that shows that BlackSnake was based on the Chaos ransomware, sharing similarities across its source code. In this blog post, we will show how BlackSnake ransomware works.

Analysis 

BlackSnake ransomware is developed in .NET and, although this information can be tampered with, the new variant was likely compiled on February 19, 2023.

BlackSnake obfuscates its important strings using a simple technique common in .NET malware. We released a script that can be used to deobfuscate these strings in our GitHub repository.

Once running, the ransomware exits its process if the victim is located in Azerbaijan or Turkey, by checking if the OS language is equal to “az-Latn-AZ” or “tr-TR”.

BlackSnake checks if the file is being executed from the Windows AppData folder with the name “svchost.exe” and if there’s a ransom note at the same path. If this is true, it ends the process to  avoid re-infecting the system. If these conditions aren’t met, the ransomware then checks if there’s another BlackSnake process running by comparing the processes’ IDs.

When BlackSnake identifies that the system wasn’t previously infected and there isn’t another instance running, it then checks again if the ransomware was executed from the Windows AppData folder as “svchost.exe”’. If that’s not the case, it copies itself to that location and starts a new process.

BlackSnake establishes a very simple persistence through Windows registry.

BlackSnake stands out for having an additional functionality that attempts to steal Bitcoin from cryptocurrency users. It monitors the victim’s clipboard and when a Bitcoin address is identified, it replaces the address with the attacker’s wallet address.

This Bitcoin address is also associated with other ransomware families, like Phreaker, Sirattacker, Magnus, Baal, Helphack, and Bettercallsaul.  At this point, it is unclear if they are all sourced from the same attacker or if this address is being copied across source codes, especially because this Bitcoin address is not the same as the one used by BlackSnake in its ransomware note, as we will see later. 

Like other ransomware, BlackSnake has a list of directories that it will skip the encryption to avoid corrupting the OS:

And there’s also a list of files that it won’t encrypt: