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Cyber Group 'Gold Melody' Selling Compromised Access to Ransomware Attackers

Cyber Group 'Gold Melody' Selling Compromised Access to Ransomware Attackers

Sep 21, 2023 Cyber Threat / Ransomware
A financially motivated threat actor has been outed as an initial access broker (IAB) that sells access to compromised organizations for other adversaries to conduct follow-on attacks such as ransomware. SecureWorks Counter Threat Unit (CTU) has dubbed the e-crime group  Gold Melody , which is also known by the names Prophet Spider (CrowdStrike) and UNC961 (Mandiant). "This financially motivated group has been active since at least 2017, compromising organizations by exploiting vulnerabilities in unpatched internet-facing servers," the cybersecurity company  said . "The victimology suggests opportunistic attacks for financial gain rather than a targeted campaign conducted by a state-sponsored threat group for espionage, destruction, or disruption." Gold Melody has been  previously   linked  to  attacks  exploiting security flaws in JBoss Messaging (CVE-2017-7504), Citrix ADC (CVE-2019-19781), Oracle WebLogic (CVE-2020-14750 and CVE-2020-14882), GitLab (CVE-20
Google Uncovers 'Initial Access Broker' Working with Conti Ransomware Gang

Google Uncovers 'Initial Access Broker' Working with Conti Ransomware Gang

Mar 18, 2022
Google's Threat Analysis Group (TAG) took the wraps off a new  initial access broker  that it said is closely affiliated to a Russian cyber crime gang notorious for its Conti and Diavol ransomware operations. Dubbed Exotic Lily, the financially motivated threat actor has been observed exploiting a now-patched critical flaw in the Microsoft Windows MSHTML platform ( CVE-2021-40444 ) as part of widespread phishing campaigns that involved sending no fewer than 5,000 business proposal-themed emails a day to 650 targeted organizations globally. "Initial access brokers are the opportunistic locksmiths of the security world, and it's a full-time job," TAG researchers Vlad Stolyarov and Benoit Sevens  said . "These groups specialize in breaching a target in order to open the doors — or the Windows — to the malicious actor with the highest bid." Exotic Lily, first spotted in September 2021, is said to have been involved in data exfiltration and deployment of the
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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