DeadLock ransomware hides using exploited Polygon smart contracts

Recently, cybersecurity firm Group-IB identified a new ransomware called DeadLock. This ransomware exploits Polygon smart contracts to rotate proxy addresses, enabling attackers to evade detection efforts. By utilizing these techniques, DeadLock minimizes the risk of being detected by security measures. Cybercriminals can escape tracking by using different IP addresses, rendering many defenses ineffective. This approach facilitates activities on the dark web. Polygon, as a scalable solution for Ethereum, offers a flexible platform for smart contracts, but its vulnerabilities pose significant risks for users. This situation could undermine the overall trust in smart chains, potentially necessitating further regulation. Users and developers are urged to implement stronger security measures and conduct audits of their smart contracts to combat this threat. As the importance of cybersecurity grows, the entire industry must pay close attention to this issue.