Microsoft has observed the threat actor tracked as Storm-0501 launching a multi-staged attack where they compromised hybrid cloud environments and performed lateral movement from on-premises to cloud environment, leading to data exfiltration, credential theft, tampering, persistent backdoor access, and ransomware deployment.
The said attack targeted multiple sectors in the United States, including government, manufacturing, transportation, and law enforcement. Storm-0501 is a financially motivated cybercriminal group that uses commodity and open-source tools to conduct ransomware operations.
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Source: Microsoft
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