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Category — Carbanak
FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

Apr 18, 2024 Cyber Attack / Malware
The infamous cybercrime syndicate known as FIN7 has been linked to a spear-phishing campaign targeting the U.S. automotive industry to deliver a known backdoor called Carbanak (aka Anunak). "FIN7 identified employees at the company who worked in the IT department and had higher levels of administrative rights," the BlackBerry research and intelligence team  said  in a new write-up. "They used the lure of a free IP scanning tool to run their well-known Anunak backdoor and gain an initial foothold utilizing living off the land binaries, scripts, and libraries ( LOLBAS )." FIN7, also known as Carbon Spider, Elbrus, Gold Niagara, ITG14, and Sangria Tempest, is a well-known  financially motivated e-crime group  that has a track record of striking a wide range of industry verticals to deliver malware capable of stealing information from point-of-sale (PoS) systems since 2012. In recent years, the threat actor has  transitioned  to  conducting ransomwar...
Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Carbanak Banking Malware Resurfaces with New Ransomware Tactics

Dec 26, 2023 Malware / Cybercrime
The banking malware known as  Carbanak  has been observed being used in  ransomware attacks  with updated tactics. "The malware has adapted to incorporate attack vendors and techniques to diversify its effectiveness," cybersecurity firm NCC Group  said  in an analysis of ransomware attacks that took place in November 2023. "Carbanak returned last month through new distribution chains and has been distributed through compromised websites to impersonate various business-related software." Some of the impersonated tools include popular business-related software such as HubSpot, Veeam, and Xero. Carbanak , detected in the wild since at least 2014, is known for its data exfiltration and remote control features. Starting off as a banking malware, it has been put to use by the  FIN7 cybercrime syndicate . In the latest attack chain documented by NCC Group, the compromised websites are designed to host malicious installer files masquerading as legitimat...
Why Most Microsegmentation Projects Fail—And How Andelyn Biosciences Got It Right

Why Most Microsegmentation Projects Fail—And How Andelyn Biosciences Got It Right

Mar 14, 2025Zero Trust / Network Security
Most microsegmentation projects fail before they even get off the ground—too complex, too slow, too disruptive. But Andelyn Biosciences proved it doesn't have to be that way.  Microsegmentation: The Missing Piece in Zero Trust Security   Security teams today are under constant pressure to defend against increasingly sophisticated cyber threats. Perimeter-based defenses alone can no longer provide sufficient protection as attackers shift their focus to lateral movement within enterprise networks. With over 70% of successful breaches involving attackers moving laterally, organizations are rethinking how they secure internal traffic.  Microsegmentation has emerged as a key strategy in achieving Zero Trust security by restricting access to critical assets based on identity rather than network location. However, traditional microsegmentation approaches—often involving VLAN reconfigurations, agent deployments, or complex firewall rules—tend to be slow, operationally disrupt...
Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Researchers Find Links b/w Black Basta Ransomware and FIN7 Hackers

Nov 03, 2022
A new analysis of tools put to use by the Black Basta ransomware operation has identified ties between the threat actor and the  FIN7  (aka Carbanak) group. This link "could suggest either that Black Basta and FIN7 maintain a special relationship or that one or more individuals belong to both groups," cybersecurity firm SentinelOne  said  in a technical write-up shared with The Hacker News. Black Basta, which  emerged  earlier this year, has been attributed to a ransomware spree that has claimed over 90 organizations as of September 2022, suggesting that the adversary is both well-organized and well-resourced. One notable aspect that makes the group stand out, per SentinelOne, is the fact that there have been no signs of its operators attempting to recruit affiliates or advertising the malware as a RaaS on darknet forums or crimeware marketplaces. This has raised the possibility that the Black Basta developers either cut out affiliates from the chain a...
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The State of GRC 2025: From Cost Center to Strategic Business Driver

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Drata's new report takes a look at how GRC professionals are approaching data protection regulations, AI, and the ability to maintain customer trust.
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