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FIN8 Group Using Modified Sardonic Backdoor for BlackCat Ransomware Attacks

FIN8 Group Using Modified Sardonic Backdoor for BlackCat Ransomware Attacks
Jul 18, 2023 Ransomware / Cyber Threat
The financially motivated threat actor known as FIN8 has been observed using a "revamped" version of a backdoor called  Sardonic  to deliver the  BlackCat ransomware . According to the Symantec Threat Hunter Team, part of Broadcom, the development is an attempt on the part of the e-crime group to diversify its focus and maximize profits from infected entities. The intrusion attempt took place in December 2022. FIN8 is being tracked by the cybersecurity company under the name Syssphinx. Known to be active since at least 2016, the adversary was originally attributed to attacks targeting point-of-sale (PoS) systems using malware such as PUNCHTRACK and BADHATCH. The group resurfaced after more than a year in March 2021 with an updated version of BADHATCH, following it up with a completely new bespoke implant called Sardonic , which was disclosed by Bitdefender in August 2021. "The C++-based Sardonic backdoor has the ability to harvest system information and execute c

FIN8 Hackers Spotted Using New 'White Rabbit' Ransomware in Recent Attacks

FIN8 Hackers Spotted Using New 'White Rabbit' Ransomware in Recent Attacks
Jan 19, 2022
The financially motivated  FIN8 actor , in all likelihood, has resurfaced with a never-before-seen ransomware strain called " White Rabbit " that was recently deployed against a local bank in the U.S. in December 2021. That's according to new findings published by Trend Micro, calling out the malware's overlaps with Egregor, which was taken down by Ukrainian law enforcement authorities in February 2021. "One of the most notable aspects of White Rabbit's attack is how its payload binary requires a specific command-line password to decrypt its internal configuration and proceed with its ransomware routine," the researchers  noted . "This method of hiding malicious activity is a trick that the ransomware family Egregor uses to hide malware techniques from analysis." Egregor, which commenced operations in September 2020 until its operations took a huge hit, is widely believed to be a  reincarnation of Maze , which shut down its criminal enterp

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
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