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FBI Warns of BlackCat Ransomware That Breached Over 60 Organisations Worldwide

FBI Warns of BlackCat Ransomware That Breached Over 60 Organisations Worldwide

Apr 25, 2022
The U.S. Federal Bureau of Investigation (FBI) is sounding the alarm on the BlackCat ransomware-as-a-service (RaaS), which it said victimized at least 60 entities worldwide between as of March 2022 since its emergence last November. Also called ALPHV and  Noberus , the malware is notable for being the first-ever ransomware written in the Rust programming language, which is known to be memory safe and offer improved performance. "Many of the developers and money launderers for BlackCat/ALPHV are linked to  DarkSide / BlackMatter , indicating they have extensive networks and experience with ransomware operations," the FBI said in an  advisory  published last week. The disclosure comes weeks after twin reports from  Cisco Talos  and  Kasperksy  uncovered links between BlackCat and BlackMatter ransomware families, including the use of a modified version of a data exfiltration tool dubbed Fendr that's been previously only observed in BlackMatter-related activity. "A
Researchers Connect BlackCat Ransomware with Past BlackMatter Malware Activity

Researchers Connect BlackCat Ransomware with Past BlackMatter Malware Activity

Apr 08, 2022
Cybersecurity researchers have uncovered further links between BlackCat (aka ALPHV) and BlackMatter ransomware families, the former of which emerged as a replacement following international scrutiny last year. "At least some members of the new  BlackCat  group have links to the BlackMatter group, because they modified and reused a custom exfiltration tool [...] and which has only been observed in BlackMatter activity," Kaspersky researchers  said  in a new analysis. The tool, dubbed Fendr, has not only been upgraded to include more file types but also used by the gang extensively to steal data from corporate networks in December 2021 and January 2022 prior to encryption, in a popular tactic called double extortion. The findings come less than a month after Cisco Talos researchers  identified  overlaps in the tactics, techniques, and procedures (TTPs) between BlackCat and BlackMatter, describing the new ransomware variant as a case of "vertical business expansion.&qu
GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams

Apr 17, 2024SaaS Security / AI Governance
The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo
Experts Find Some Affiliates of BlackMatter Now Spreading BlackCat Ransomware

Experts Find Some Affiliates of BlackMatter Now Spreading BlackCat Ransomware

Mar 18, 2022
An analysis of two ransomware attacks has  identified overlaps  in the tactics, techniques, and procedures (TTPs) between BlackCat and BlackMatter, indicating a strong connection between the two groups. While it's typical of ransomware groups to rebrand their operations in response to increased visibility into their attacks,  BlackCat  (aka Alphv) marks a new frontier in that the cyber crime cartel is built out of affiliates of other ransomware-as-a-service (RaaS) operations. BlackCat first emerged in November 2021 and has since targeted several organizations worldwide over the past few months. It has been called out for being similar to  BlackMatter , a short-lived ransomware family that originated from  DarkSide , which, in turn, attracted notoriety for its high-profile attack on  Colonial Pipeline  in May 2021. In an interview with Recorded Future's The Record last month, a BlackCat representative dismissed speculations that it's a rebranding of BlackMatter, while n
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Today's Top 4 Identity Threat Exposures: Where To Find Them and How To Stop Them

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Explore the first ever threat report 100% focused on the prevalence of identity security gaps you may not be aware of.
New Ransomware Gangs — Haron and BlackMatter — Emerge on Cybercrime Forums

New Ransomware Gangs — Haron and BlackMatter — Emerge on Cybercrime Forums

Jul 29, 2021
Two new ransomware-as-service (RaaS) programs have appeared on the threat radar this month, with one group professing to be a successor to  DarkSide  and  REvil , the two infamous ransomware syndicates that went off the grid following major attacks on Colonial Pipeline and Kaseya over the past few months. "The project has incorporated in itself the best features of DarkSide, REvil, and LockBit," the operators behind the new BlackMatter group said in their darknet public blog, making promises to not strike organizations in several industries, including healthcare, critical infrastructure, oil and gas, defense, non-profit, and government sectors. According to Flashpoint, the BlackMatter threat actor registered an account on Russian-language forums XSS and Exploit on July 19, quickly following it up with a post stating they are looking to purchase access to infected corporate networks comprising anywhere between 500 and 15,000 hosts in the U.S., Canada, Australia, and the U.
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