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Matrix has slowly evolved into a ‘Swiss Army knife’ of the ransomware world

The Matrix ransomware is usually deployed after cyber-criminals use unsecured RDP endpoints to compromise companies’ internal networks.

Matrix, a ransomware strain first seen in late 2016, has evolved into a dangerous threat after years of slow and incremental updates and has been recently characterized as a “Swiss Army knife” in a report published today by UK-based cyber-security firm Sophos.

While initially, the Matrix authors used the RIG exploit kit to mass-distribute their ransomware in its early days, in 2016 and 2017, since early 2018, the ransomware has been exclusively spread in attacks against carefully selected high-value targets, usually by taking advantage of unprotected RDP (Remote Desktop Protocol) endpoints.

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