Report on Ransomware Attacks Targeting Korean Companies
Overview In recent years, ransomware attacks have been increasing worldwide, with Korean companies also experiencing a rise in cases. Especially since 2023, there has been a sharp surge in ransomware incidents targeting the Asia region, highlighting the need for a systematic analysis of this trend and its impact.
Elbie Ransomware Being Distributed in Korea
The ASEC analysis team has identified through internal monitoring that the Elbie ransomware is being distributed under the disguise of ieinstal.exe, an Internet Explorer Add-on installation program. The initial executable decodes the internal data into an executable that performs the actual ransomware behavior (See Figure 2). Afterward, the decoded executable

