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The financially motivated threat actor known as  FIN7  has been observed leveraging malicious Google ads spoofing legitimate brands as a means to deliver MSIX installers that culminate in the deployment of  NetSupport RAT . "The threat actors used malicious websites to impersonate well-known brands, including AnyDesk, WinSCP, BlackRock, Asana, Concur, The Wall Street Journal, Workable, and Google Meet," cybersecurity firm eSentire  said  in a report published earlier this week. FIN7 (aka Carbon Spider and Sangria Tempest) is a  persistent e-crime group  that's been active since 2013, initially dabbling in attacks targeting point-of-sale (PoS) devices to steal payment data, before pivoting to breaching large firms via ransomware campaigns. Over the years, the threat actor has refined its tactics and cyber weapon arsenal, adopting  various   custom malware  families such as BIRDWATCH, Carbanak, DICELOADER...

The U.K. National Crime Agency (NCA) has unmasked the administrator and developer of the LockBit ransomware operation, revealing it to be a 31-year-old Russian national named  Dmitry Yuryevich Khoroshev . In addition, Khoroshev has been sanctioned  by the U.K. Foreign, Commonwealth and Development Office (FCD), the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), and the Australian Department of Foreign Affairs. Europol, in a  press statement , said authorities are in possession of over 2,500 decryption keys and are continuing to contact LockBit victims to offer support. Khoroshev, who went by the monikers LockBitSupp and putinkrab, has also become the subject of asset freezes and travel bans, with the U.S. Department of State offering a reward of up to $10 million for information leading to his arrest and/or conviction. Previously, the agency had  announced  reward offers of up to $15 milli...

In cybersecurity, confidence is a double-edged sword. Organizations often operate under a false sense of security , believing that patched vulnerabilities, up-to-date tools, polished dashboards, and glowing risk scores guarantee safety. The reality is a bit of a different story. In the real world, checking the right boxes doesn't equal being secure. As Sun Tzu warned, "Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." Two and a half millennia later, the concept still holds: your organization's cybersecurity defenses must be strategically validated under real-world conditions to ensure your business's very survival. Today, more than ever, you need Adversarial Exposure Validation (AEV) , the essential strategy that's still missing from most security frameworks. The Danger of False Confidence Conventional wisdom suggests that if you've patched known bugs, deployed a stack of well-regarded security tools, and passed the nec...

A Russian operator of a now-dismantled BTC-e cryptocurrency exchange has  pleaded guilty  to money laundering charges from 2011 to 2017. Alexander Vinnik, 44, was charged in January 2017 and taken into custody in Greece in July 2017. He was subsequently  extradited  to the U.S. in August 2022. Vinnik and his co-conspirators have been accused of owning and managing BTC-e, which allowed its criminal customers to trade in Bitcoin with high levels of anonymity. BTC-e is said to have facilitated transactions for cybercriminals worldwide, receiving illicit proceeds from numerous computer intrusions and hacking incidents, ransomware scams, identity theft schemes, corrupt public officials, and narcotics distribution rings. The crypto exchange received more than $4 billion worth of bitcoin over the course of its operation, according to the U.S. Department of Justice (DoJ). It also processed over $9 billion-worth of transactions and served over on...

A Ukrainian national has been sentenced to more than 13 years in prison and ordered to pay $16 million in restitution for carrying out thousands of ransomware attacks and extorting victims. Yaroslav Vasinskyi (aka Rabotnik), 24, along with his co-conspirators part of the  REvil ransomware group  orchestrated more than 2,500 ransomware attacks and demanded ransom payments in cryptocurrency totaling more than $700 million. "The co-conspirators demanded ransom payments in cryptocurrency and used cryptocurrency exchangers and mixing services to hide their ill-gotten gains," the U.S. Department of Justice (DoJ)  said . "To drive their ransom demands higher, Sodinokibi/REvil co-conspirators also publicly exposed their victims' data when victims would not pay ransom demands." Vasinskyi was  extradited  to the U.S. in March 2022 following his arrest in Poland in October 2021. REvil, prior to formally going offline in late 2021, was responsible ...

There's a natural human desire to avoid threatening scenarios. The irony, of course, is if you hope to attain any semblance of security, you've got to remain prepared to confront those very same threats. As a decision-maker for your organization, you know this well. But no matter how many experts or trusted cybersecurity tools your organization has a standing guard, you're only as secure as your weakest link. There's still one group that can inadvertently open the gates to unwanted threat actors—your own people. Security must be second nature for your first line of defense For your organization to thrive, you need capable employees. After all, they're your source for great ideas, innovation, and ingenuity. However, they're also human. And humans are fallible. Hackers understand no one is perfect, and that's precisely what they seek to exploit. This is why your people must become your first line of defense against cyber threats....

Follow this real-life network attack simulation, covering 6 steps from Initial Access to Data Exfiltration. See how attackers remain undetected with the simplest tools and why you need multiple choke points in your defense strategy. Surprisingly, most network attacks are not exceptionally sophisticated, technologically advanced, or reliant on zero-day tools that exploit edge-case vulnerabilities. Instead, they often use commonly available tools and exploit multiple vulnerability points. By simulating a real-world network attack, security teams can test their detection systems, ensure they have multiple choke points in place, and demonstrate the value of networking security to leadership. In this article, we demonstrate a real-life attack that could easily occur in many systems. The attack simulation was developed based on the MITRE ATT&CK framework, Atomic Red Team,  Cato Networks ' experience in the field, and publ...

Cybersecurity breaches can be devastating for both individuals and businesses alike. While many people tend to focus on understanding how and why they were targeted by such breaches, there's a larger, more pressing question: What is the true financial impact of a cyberattack? According to research by Cybersecurity Ventures, the global cost of cybercrime is projected to reach an astonishing 10.5 trillion USD annually by 2025, which marks a dramatic increase from the 3 trillion USD reported in 2015. This sharp rise highlights a concerning trend: cybercriminals have significantly improved their methods for conducting sophisticated and successful cyberattacks over the years. According to research firm Cybersecurity Ventures, the cost of global cybercrime will reach a staggering 10.5 trillion USD annually by 2025, up from the 3 trillion USD that it was in 2015. It's clear, then, that these threat actors have found ways to pull off sophisticated and succes...

Between crossovers - Do threat actors play dirty or desperate? In our dataset of over 11,000 victim organizations that have experienced a Cyber Extortion / Ransomware attack, we noticed that some victims re-occur. Consequently, the question arises why we observe a re-victimization and whether or not this is an actual second attack, an affiliate crossover (meaning an affiliate has gone to another Cyber Extortion operation with the same victim) or stolen data that has been travelling and re-(mis-)used. Either way, for the victims neither is good news.  But first thing's first, let's explore the current threat landscape, dive into one of our most recent research focuses on the dynamics of this ecosystem; and then explore our dataset on Law Enforcement activities in this space. Might the re-occurrence that we observe be foul play by threat actors and thus show how desperately they are trying to regain the trust of their co-offenders after disruption efforts by Law Enforcement? Or ar...

Threat actors behind the Akira ransomware group have extorted approximately $42 million in illicit proceeds after breaching the networks of more than 250 victims as of January 1, 2024. "Since March 2023, Akira ransomware has impacted a wide range of businesses and critical infrastructure entities in North America, Europe, and Australia," cybersecurity agencies from the Netherlands and the U.S., along with Europol's European Cybercrime Centre (EC3),  said  in a joint alert. "In April 2023, following an initial focus on Windows systems, Akira threat actors deployed a Linux variant targeting VMware ESXi virtual machines." The double-extortion group has been observed using a C++ variant of the locker in the early stages, before shifting to a Rust-based code as of August 2023. It's worth noting that the e-crime actor is  completely different  from the Akira ransomware family that was active in 2017. Initial access to target networks is facili...

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...