Microsoft Threat Intelligence has observed financially motivated threat actor Storm-0501 continuously evolving their campaigns to achieve sharpened focus on cloud-based tactics, techniques, and procedures (TTPs). While the threat actor has been known for targeting hybrid cloud environments, their primary objective has shifted from deploying on-premises endpoint ransomware to using cloud-based ransomware tactics.
Unlike traditional on-premises ransomware, where the threat actor typically deploys malware to encrypt critical files across endpoints within the compromised network and then negotiates for a decryption key, cloud-based ransomware introduces a fundamental shift.
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Source: Microsoft
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