New Nokoyawa Ransomware Possibly Related to Hive

From trendmicro.com

Hive, which is one of the more notable ransomware families of 2021, made waves in the latter half of the year after breaching over 300 organizations in just four months — allowing the group to earn what could potentially be millions of US dollars in profit. In March 2022, we came across evidence that another, relatively unknown, ransomware known as Nokoyawa is likely connected with Hive, as the two families share some striking similarities in their attack chain, from the tools used to the order in which they execute various steps. Currently, the majority of Nokoyawa’s targets are located in South America, primarily in Argentina.

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