Conti | Breaking Cybersecurity News | The Hacker News

A new strain of malware developed by threat actors likely affiliated with the FIN7 cybercrime group has been put to use by the members of the now-defunct Conti ransomware gang, indicating collaboration between the two crews. The malware, dubbed  Domino , is primarily designed to facilitate follow-on exploitation on compromised systems, including delivering a lesser-known information stealer that has been advertised for sale on the dark web since December 2021. "Former members of the  TrickBot/Conti syndicate  [...] have been using Domino since at least late February 2023 to deliver either the Project Nemesis information stealer or more capable backdoors such as Cobalt Strike," IBM Security X-Force security researcher Charlotte Hammond  said  in a report published last week. FIN7 , also called Carbanak and ITG14, is a prolific  Russian-speaking cybercriminal syndicate  that's known to employ an array of custom malware to deploy additional payloads ...

In this day and age, we are not dealing with roughly pieced together, homebrew type of viruses anymore. Malware is an industry, and professional developers are found to exchange, be it by stealing one's code or deliberate collaboration. Attacks are multi-layer these days, with diverse sophisticated software apps taking over different jobs along the attack-chain from initial compromise to ultimate data exfiltration or encryption. The specific tools for each stage are highly specialized and can often be rented as a service, including customer support and subscription models for professional (ab)use. Obviously, this has largely increased both the availability and the potential effectiveness and impact of malware. Sound scary?  Well, it does, but the apparent professionalization actually does have some good sides too. One factor is that certain reused modules commonly found in malware can be used to identify, track, and analyze professional attack software. Ultimately this means that...

Even as the operators of Conti threatened to overthrow the Costa Rican government , the notorious cybercrime gang officially took down its attack infrastructure in favor of migrating their malicious cyber activities to other ancillary operations, including Karakurt and BlackByte. "From the negotiations site, chatrooms, messengers to servers and proxy hosts - the Conti brand, not the organization itself, is shutting down," AdvIntel researchers Yelisey Bogusalvskiy and Vitali Kremez  said  in a report. "However, this does not mean that the threat actors themselves are retiring." The voluntary termination, with the exception of its name-and-shame blog, is said to have occurred on May 19, 2022, while an organizational rejig was happening simultaneously to ensure a smooth transition of the ransomware group's members. AdvIntel said Conti, which is also tracked under the moniker  Gold Ulrick , orchestrated its own demise by utilizing information warfare techniques....

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...