INC Ransom Ransomware

Description Summary

INC Ransom is a ransomware group active since July 2023. Its source code was advertised for sale in May 2024 and subsequently became the basis for the Lynx ransomware family. INC has attacked municipal governments, healthcare, and large enterprises including Xerox Business Solutions and several U.S. school districts.

Threat Actor

Closed group; codebase later sold and reused as Lynx.

Technical Indicators

Encryption Extension
.INC
Encryption Algorithm
AES-128 (CTR) + Curve25519
Ransom Note Name
INC-README.txt
Targeted Industries
Healthcare, Government, Education, Manufacturing
First Seen
July 2023
Last Seen
Active
Geographical Location
United States, Europe

MITRE ATT&CK Matrix

Tactic TTP Technique Name
Initial Access x 3 T1566 Phishing
T1190 Exploit Public-Facing Application
T1078 Valid Accounts
Execution x 1 T1059 Command and Scripting Interpreter
Execution Persistence x 1 T1053 Scheduled Task/Job
Defense Evasion x 2 T1562.001 Disable or Modify Tools
T1070.004 File Deletion
Discovery x 2 T1083 File and Directory Discovery
T1082 System Information Discovery
Lateral Movement x 2 T1021.001 Remote Services: RDP
T1021.002 SMB/Windows Admin Shares
Exfiltration x 2 T1041 Exfiltration Over C2 Channel
T1567.002 Exfiltration to Cloud Storage
Impact x 3 T1486 Data Encrypted for Impact
T1490 Inhibit System Recovery
T1489 Service Stop