Ransomware Research

Pay2Key Ransomware

Pay2Key is a malicious ransomware strain that encrypts victim files and demands ransom payment for decryption. First observed in the wild on October 1, 2020, this ransomware has been actively targeting systems worldwide.

Quick facts

Ransomware Family
Pay2Key
First Seen
October 1, 2020

How Pay2Key ransomware works

File encryption patterns

Pay2Key modifies encrypted files using specific patterns to mark them as encrypted:

Extensions added after encryption
.pay2key

Ransom note and payment demands

After encrypting files, Pay2Key displays ransom notes demanding payment for file recovery:

file[ORGANIZATION]_MESSAGE.TXT
notes/_MESSAGE.TXT

Technical indicators

Associated executable files

The following executable files are associated with Pay2Key ransomware:

About this analysis

This Pay2Key ransomware analysis is part of Elastio's comprehensive ransomware detection database. Elastio provides advanced ransomware protection and recovery, helping organizations defend against and recover from ransomware attacks like Pay2Key.

Last updated: December 30, 2025

Detection coverage

Elastio detects Pay2Key inside your data and backups.

The Hunt Engine uses Deep File Inspection to identify Pay2Key across live data, replicated data, and backups. If this family is in your environment, Elastio finds it before encryption completes. Run a scan against your recovery points to confirm.

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What is Pay2Key Ransomware? | Elastio