3 companies fell victim to BianLian recently after aggressive ransomware attacks. BianLian posted evidence of the attacks on its public TOR website, but didn’t give away any details regarding the status of the ransom or the negotiations in effect.
BianLian currently ranks as one of the most adaptable and innovative cybercriminal organizations. The ransomware actor constantly evolves and upgrades its systems, which allows it to stay one step ahead of its targets.
Based on the actor’s general MO, it is presumed that the negotiations are rough. BianLian usually goes for large ransoms and is generally unbending when it comes to negotiations. This means that its pay rate isn’t great.
This doesn’t matter too much, so long as some victims pay, given that the ransoms are so inflated. If the victim chooses not to pay, BianLian leaks the stolen data online or sells if it decides it’s too valuable to share for free.
This can sometimes impact the victims more severely than paying the ransom would.
The organization’s true identity and internal structure is unknown, which is rather surprising given the group’s history and age. While BianLian first became active under its current name in 2022, traces of its code were discovered as early as 2019.
The actor’s evolution soon took off, with BianLian being involved in hundreds of hits over the years. The organization’s very name stands as evidence of its abilities and general profile.
BianLian alludes to the ancient Chinese art of “face-changing”, which is fitting, giving the group’s predilection for adapting its tactics and approaches constantly. This approach keeps BianLian on the top of their game, allowing them to circumvent most defenses.
Unlike most ransomware actors, though, BianLian doesn’t always encrypt the victim’s data. Especially if the victim is a high-profile public or private institution. Instead, it will rely on the victim’s reputation to extort money from it.
When dealing with small and medium-sized corporations, BianLian opts for cloning and encrypting the data instead. This sometimes forces the victim to pay for the decryption key if they can’t restore their systems otherwise.
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