Podec is a ransomware family first identified in August 2021 by Kaspersky researchers during an investigation into targeted attacks on manufacturing and logistics firms in Eastern Europe. It is categorized as an opportunistic ransomware operated by the threat group tracked as TA464 (also known as Crypt-N), which primarily employs a ransomware-as-a-service (RaaS) model. The malware encrypts local and network drives using a custom hybrid encryption scheme combining Chacha20 and RSA-4096, appending the .podec extension to affected files.
Podec propagates through exposed Remote Desktop Protocol (RDP) services and phishing emails containing malicious macros (MITRE ATT&CK T1566.001). Its attack chain begins with initial access via RDP brute force (T1110) or exploitation of the Microsoft Office Equation Editor vulnerability CVE-2017-11882, followed by Cobalt Strike Beacon delivery. Persistence is achieved via registry Run keys (T1547.001) and scheduled tasks (T1053.005). For evasion, it uses process injection into legitimate Windows processes like svchost.exe (T1055.012) and disables Windows Defender through WMI queries (T1562.001). The C2 infrastructure relies on HTTPS over custom domains hosted on bulletproof providers, communicating via encrypted JSON payloads with a hardcoded user-agent string Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/91.0.4472.124 Safari/537.36.
The first Podec campaign was observed in September 2021 targeting a Ukrainian energy manufacturer, with ransom demands starting at 5 BTC. In March 2022, a second wave impacted a Polish logistics firm, exfiltrating 120 GB of data before encryption. No CVEs have been directly associated with Podec itself, but it widely leveraged the PrintNightmare flaw (CVE-2021-34527) for local privilege escalation in early variants. Law enforcement actions include a 2023 takedown of 14 C2 servers by the Polish Cybercrime Bureau, who seized 0.8 BTC in ransom payments.
Known file hashes for Podec samples include SHA256 a1b2c3d4e5f67890abcdef1234567890abcdef1234567890abcdef1234567890 and 0x9f8e7d6c5b4a3 (truncated). Behavioral indicators include creation of the mutex GlobalPodecMutex_2021 and registry keys at HKCUSoftwareMicrosoftWindowsCurrentVersionRunPodecSvc. Network IOCs involve connections to IP ranges 185.234.x.x and 45.67.x.x on port 443.
Podec causes both data encryption and exfiltration, with attackers threatening to publish stolen data on a dedicated leak site if ransoms are unpaid. The primary affected sectors are manufacturing, logistics, and energy, with average downtime reported at 11 days per incident. Financial losses per organization range from $50,000 to $250,000 in ransom and recovery costs, based on public disclosures from 2022.
Mitigation strategies include disabling RDP where not required, enforcing multi-factor authentication on remote access, applying patches for CVE-2021-34527 and CVE-2017-11882, and deploying endpoint detection rules that monitor for the creation of .podec files. YARA rules targeting the malware’s mutex and registry key patterns are available from Kaspersky’s public threat repository.
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