SafePay Ransomware — Malware & Threat Analysis Report By CyberDudeBivash

Overview & Threat Landscape

  • Rapid Rise in 2025: SafePay ransomware leapt from obscurity to prominence, claiming over 200+ victims worldwide, including MSPs and SMBs. In a single month, SafePay claimed 73 victim organizations, marking one of the fastest surges in recent ransomware history.
    AcronisQuorum CyberSOCRadar® Cyber Intelligence Inc.Bitdefender Blog
  • Not a RaaS Model: Unlike many modern ransomware operations, SafePay operates as a centralized, self-managed actor, maintaining full operational control and avoiding affiliate exposure.
    AcronisBitdefender BlogSOCRadar® Cyber Intelligence Inc.
  • LockBit-Inspired, Unique Execution: The group reportedly utilized source elements from LockBit Black, but implemented their own encryption with per-file symmetric keys and embedded key storage—similar yet distinct from LockBit’s approach.
    Bitdefender Blog
  • High-Profile Attack — Ingram Micro: In July 2025, SafePay struck Ingram Micro, exfiltrating 3.5 TB of sensitive data, severely disrupting their infrastructure.
    TechRadar

Tactics, Techniques & Procedures (TTPs)

  • Initial Access: Typically gained via misconfigured VPN platforms (e.g., GlobalProtect) paired with weak credentials—no affiliate exploitation required.
    nccgroup.comTechRadar
  • Double Extortion Strategy: SafePay steals data before encryption, threatening release via their darkweb leak site.
    Quorum CyberSOCRadar® Cyber Intelligence Inc.dataprivacyandsecurityinsider.com
  • Destruction of Recovery Mechanisms: The group deletes shadow copies, clears logs, and disables endpoint security to prevent recovery.
    Acronis
  • Operational Security (OPSEC): SafePay includes a kill-switch that prevents execution on systems using Cyrillic locales—suggesting Eastern European origin or deliberate geopolitical avoidance.
    Bitdefender BlogBarrcuda Blog
  • Social Engineering Methods: Utilizes email bombing followed by vishing via Teams, impersonating IT staff to gain remote access.
    Barrcuda Blog

Infection Lifecycle Overview

  1. Phishing or VPN compromise → valid credentials used for entry.
  2. Lateral movement & discovery → scripts like ShareFinder probe for valuables.
  3. Data aggregation & exfiltration → archive with WinRAR, send via FTP (FileZilla).
  4. Deployment → execute .safepay encryptor with ransom note (readme_safepay.txt).
  5. Double extortion → threaten data release and encryption rollback.

Enterprise Impact

  • Segmented Supply Chain Risks: MSPs hit by SafePay propagate risk across thousands of client endpoints.
  • Data Exfiltration Scale: Businesses face fallout from stolen IP, credentials, PII, and operational secrets.
  • Recovery Time & Costs: Incidents like Ingram Micro highlight crippling operational and brand damage.

Mitigation & Response (CyberDudeBivash Playbook)

  1. Harden remote access: enforce MFA, strong passwords, and secure VPN configurations.
  2. Segment & isolate: segregate MSP/OT/IT environments to minimize lateral access.
  3. Backup strategy: maintain offline, immutable snapshots; continuously test restoration.
  4. Detect early: monitor for suspicious archive/exfil activities, unusual remote file deletion commands.
  5. Threat hunting: watch for .safepay extensions, ransom notes, and Tor activity to leak sites.

Final Verdict — CyberDudeBivash

SafePay ransomware is a rapidly evolving, highly destructive threat. Its centralized model, aggressive tactics, and double extortion methods make it particularly dangerous to both SMBs and MSP ecosystems.

For CISOs and security leaders: elevate ransomware hygiene to board-level risk, strengthen incident response, and ensure zero trust principles govern external access.


Related news

Ransomware gang sets deadline to leak huge cache of stolen Ingram Micro data

TechRadar

Ransomware gang sets deadline to leak huge cache of stolen Ingram Micro data

Jul 31, 2025


#SafePayRansomware #CyberDudeBivash #RansomwareThreat #DoubleExtortion #MSPThreat #IngramMicroAttack #LockBit #OTSECURITY #IncidentResponse #RansomwareAnalysis

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