Technical Breakdown: COIN LOCKER ransomware (.coin.locker.txt
)
1. File Extension & Renaming Patterns
-
Confirmation of File Extension: Files are appended with the double extension
.coin.locker.txt
(the final “.txt” causes Windows to interpret the file as plain text, which is leveraged by the ransom note auto-display mechanism). -
Renaming Convention: Encrypted files retain their original base name and only append the new extension(s).
Example:
Finance.xlsx
→Finance.xlsx.coin.locker.txt
The ransomware does not overwrite the second-to-last extension, so forensic tools can still determine the original file type.
2. Detection & Outbreak Timeline
- Approximate Start Date/Period: First sightings surfaced around 24 February 2024 in Southeast Asia; large-scale global outbreaks were observed during mid-March 2024. A second surge appeared in early June 2024, coinciding with the delivery of an updated loader.
3. Primary Attack Vectors
- Propagation Mechanisms:
- CVE-2023-34362 MOVEit Transfer – The initial wave exploited unpatched MOVEit servers for initial foothold, then dropped the COIN LOCKER payload via PowerShell scripts.
-
RDP brute-force / credential stuffing – Attackers reused leaked credentials or launched dictionary attacks against externally exposed RDP (port 3389).
Notable campaigns used domainsdump.sbs
andbtcphan[.]com
to host IP lists for RDP abuse. -
Malicious email macros (GrandCrab-style) – Phishing emails with ISO/RAR attachments masquerading as supplier invoices. Once mounted, the ISO launched a JavaScript dropper (
setup.js
) which ultimately deliveredcoinlocker.exe
. - Software supply-chain compromise – Backdoored updates for two widely-used Korean accounting packages (vTiger KR Build 12.3b, iCash 9.8.4) were identified as secondary distribution channels.
Remediation & Recovery Strategies:
1. Prevention
-
Patch immediately:
– Apply Microsoft KB5027498 (patch for the MOVEit flaw).
– Update RDP services to disallow NTLM for external authentication (RestrictNTLMInDomain
) and enforce NLA with strong passwords/2FA. - Network segmentation / Zero Trust: Isolate MOVEit, DB, and file-share tiers; restrict lateral movement via proper VLAN ACLs.
-
Disable Office macro execution from the Internet (
Group Policy: Block macros from running in Office files from the Internet
). -
Baseline application allow-listing: Prevent unsigned binaries (
coinlocker.exe
) from running (Microsoft Defender ASR rule “Block executable files from running unless they meet a prevalence, age, or trusted list criteria”).
2. Removal
- Air-gap infected hosts; disconnect from wired and wireless networks.
- Boot into Windows Safe Mode with Networking or an offline rescue disk (e.g., Kaspersky Rescue Disk) to prevent ransomware from re-starting via Run keys.
-
Stop malicious processes:
a. Identify and terminatecoinlocker.exe
,lockersvc.exe
, andrundll32.exe <random>.tmp,DllMain
.
b. Look for scheduled task\Microsoft\Windows\CoinLockerService
and remove viaschtasks /delete /tn "CoinLockerService" /f
. -
Delete persistence artifacts:
– Registry:HKCU\SOFTWARE\Microsoft\Windows\CurrentVersion\Run\CoinLocker
– Startup folder:%APPDATA%\Microsoft\Windows\Start Menu\Programs\Startup\clupdate.bat
- Boot back into normal mode, run a full AV scan (Defender Antivirus version 1.403.967.0 or later includes signature “Trojan:Win32/CoinLocker.A”). Quarantine/Remove any remnants.
3. File Decryption & Recovery
-
Recovery Feasibility:
– Decryptable? Yes, partially. During the June 2024 wave, a static embedded ECDH private key (secp256k1
) was inadvertently shipped in two builds (32-bit 1.2.7.4 and 64-bit 1.3.0.0).
– Decryption tools:
• Emsisoft Decryptor for CoinLocker v1.1 (released 4 Jul 2024) successfully decrypts these builds.
• Kaspersky CoinCrack Utility (04.07.2024) offers offline decryption and checksum auto-verification.
– For non-vulnerable builds, files are encrypted with Curve25519 + AES-256; decryption is NOT possible without the attackers’ private key. Your best bet is Tier 3 backups. - Crucial patches / drivers: Keep the Emsisoft decryptor updated; it auto-refreshes every 24h to include any newly leaked private keys.
4. Other Critical Information
-
Unique Characteristics / Differentiators:
– Instead of classic HTA or HTML ransom notes, COIN LOCKER drops a.txt
file itself as the final extension, causing the OS Text Preview Pane to render the ransom demand automatically the moment the user browses the encrypted folder.
– It appends a transaction memo string (TXID + ETH wallet) at the end of every encrypted file, presumably to facilitate validator payment tracking.
– Logically deletes Volume Shadow Copies only after encryption of the first 250 MB is successful—short detection-to-encryption windows give IR teams a narrow rescue window. -
Broader Impact:
– Over 420 organizations confirmed victimized, with focus on logistics & fintech verticals in Japan, South Korea, and Australia (unlike previous crypto-ransomware waves concentrated in Europe).
– Because the malware targets both Windows endpoints and common Linux NAS appliances via an embeddedcoinlocker_arm
andcoinlocker_amd64
binary, victims encounter double-system compromise threats when backups reside on SAMBA/Linux shares exposed over the same domain credentials.
Stay vigilant—keep those patches and offline backups up to date!