In a late August 2023 operation involving the FBI and many international partners, law enforcement agencies seized the infrastructure and cryptocurrency assets used by the Qakbot malware, dealing considerable damage to the group’s operations. Many people in the security industry wondered whether this would mean that the Qakbot affiliates were gone forever or just temporarily out of work while rebuilding their infrastructure.
Talos assesses with moderate confidence that the threat actors behind Qakbot are still active and have been conducting a new campaign that started just before the takedown, distributing a variant of Cyclops/Ransom Knight ransomware along with the Remcos backdoor.
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Source: Cisco Talos