Microsoft has been tracking activity related to the financially motivated threat actor Octo Tempest, whose evolving campaigns represent a growing concern for organizations across multiple industries. Octo Tempest leverages broad social engineering campaigns to compromise organizations across the globe with the goal of financial extortion. With their extensive range of tactics, techniques, and procedures (TTPs), the threat actor, from our perspective, is one of the most dangerous financial criminal groups.
Octo Tempest is a financially motivated collective of native English-speaking threat actors known for launching wide-ranging campaigns that prominently feature adversary-in-the-middle (AiTM) techniques, social engineering, and SIM swapping capabilities. Octo Tempest, which overlaps with research associated with 0ktapus, Scattered Spider, and UNC3944, was initially seen in early 2022, targeting mobile telecommunications and business process outsourcing organizations to initiate phone number ports (also known as SIM swaps).
Read more…
Source: Microsoft