Malware News Princess Evolution Ransomware is a RaaS With a Slick Payment Site

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Aug 17, 2017
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A new variant of the Princess Locker ransomware is being distributed called Princess Evolution. Like its predecessor, Princess Evolution is a Ransomware as a Service, or RaaS, that is being promoted on underground criminal forums.

As this ransomware is being distributed through different affiliates, there are numerous methods that are possibly being used to distribute this ransomware. One method being used to distribute the ransomware is through the RIG Exploit Kit, which was discovered by TrendMicro. Unfortunately, at this time there is no known way to decrypt files encrypted by Princess Evolution.

Princess Evolution promoted through underground criminal sites

The Princess Evolution Ransomware is a Ransomware as a Service. This means that the developer recruits affiliates to distribute the ransomware and for every payment made, the developer earns 40% of the payment and the affiliate gets the remaining 60%.

These types of arrangements allow the developer to earn revenue by supporting and developing the ransomware program, while the affiliates can focus on its distribution to victims. The Princess Evolution Ransomware affiliate program is being promoted through underground criminal forums where the developer creates topics about recruiting people to their RaaS.

Full Story Princess Evolution Ransomware is a RaaS With a Slick Payment Site
 

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