Babuk to Close Ransomware Operation After DC Police Attack

The retirement notice posted this week by Babuk on its darknet website
The Babuk ransomware gang says it will no longer launch attacks but instead will make its malware source code available for other attackers to use.
Babuk, which took credit for the ransomware attack that targeted the Washington, D.C. Metropolitan Police Department this week, says in a notice posted on its darknet website: "The babuk project will be closed, its source code will be made publicly available, we will do something like Open Source RaaS, everyone can make their own product based on our product."
The ransomware gang, whose activity was first spotted in December 2020, also recently attacked the Houston Rockets basketball team.

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