Researchers identified a new ransomware family called Magniber that uniquely targets only users in South Korea and the Asia-Pacific regions. The ransomware is primarily being distributed by the Magnitude exploit kit, a primary distribution vehicle in the past for Cerber ransomware. Because of Magniber’s close affiliation to both the Magnitude EK and and Cerber, researchers are calling the new ransomware Magniber, a mashup of both names.