New VanHelsing RaaS Threatens Global Organizations with $500K Ransoms, Targets Windows Users

March 24, 2025
New VanHelsing RaaS Threatens Global Organizations with $500K Ransoms, Targets Windows Users
  • Launched on March 7, 2025, VanHelsing is a new ransomware-as-a-service (RaaS) operation that has already targeted three organizations, demanding ransoms of $500,000 each.

  • Currently, the ransomware's extortion portal lists victims from the U.S., including a city in Texas, and one from France, all facing significant ransom demands.

  • Despite its multi-platform capabilities, including targeting Windows, Linux, BSD, ARM, and ESXi systems, all confirmed victims so far have been Windows users.

  • VanHelsing employs a double extortion tactic, stealing data before encrypting files and threatening to leak information unless ransoms are paid.

  • Check Point has noted some flaws in VanHelsing's code, such as mismatched file extensions, suggesting that it is still evolving.

  • To join the affiliate program, newcomers must pay a $5,000 deposit, while experienced cybercriminals can join for free, incentivizing participation.

  • Attribution suggests that the ransomware operation is likely Russian, as it prohibits targeting organizations within Russia or the Commonwealth of Independent States.

  • Affiliates of VanHelsing can retain 80% of ransom payments, with operators taking a 20% cut, and payments are processed through an automated escrow system.

  • The operation has been documented by CYFIRMA and analyzed by Check Point Research, which published its findings on March 23, 2025.

  • Researchers have identified multiple infections of the VanHelsing ransomware, indicating its active and rapid development since its launch.

  • The emergence of VanHelsing highlights the ongoing evolution and sophistication of ransomware threats, necessitating enhanced cybersecurity measures.

  • The operation's design allows for attacks on various operating systems while adhering to a rule against targeting the Commonwealth of Independent States.

Summary based on 5 sources


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