Security News > 2023 > October > Meet LostTrust ransomware — A likely rebrand of the MetaEncryptor gang
The LostTrust ransomware operation is believed to be a rebrand of MetaEncryptor, utilizing almost identical data leak sites and encryptors.
MetaEncryptor is a ransomware operation that is believed to have launched in August 2022, amassing twelve victims on their data leak site through July 2023, after which no new victims were added to the site.
This month, a new data leak site for the 'LostTrust' gang was launched, with cybersecurity researcher Stefano Favarato quickly noticing it utilizes the same exact template and bio as MetaEncryptor's data leak site.
"We are a group of young people who identify themselves as specialists in the field of network security with at least 15 years of experience," reads a description on both the MetaEncryptor and LostTrust data leak sites.
Cybersecurity researcher MalwareHunterTeam told BleepingComputer that LostTrust and MetaEncryptor are based on the SFile2 ransomware encryptor.
Due to the significant overlap between the two operations, it is believed that LostTrust is a rebrand of the MetaEncryptor operation.