Unit 42 researchers have observed an increase in BlackSuit ransomware activity beginning in March 2024 that suggests a ramp up of operations. This threat emerged as a rebrand of Royal ransomware, which occurred in May 2023. Unit 42 tracks the group behind this threat as Ignoble Scorpius.
Since the rebrand, Unit 42 has observed at least 93 victims globally, a quarter of which were in the construction and manufacturing industries. The group describes themselves as an “extortioner named BlackSuit” and claims to reverse file encryption for “quite a small compensation essentially.” Although the group states the compensation is small, Unit 42 has observed that, on average, the initial ransom demand is about equal to 1.6% of the victim organization’s annual revenue.
Read more…
Source: Trend Micro
Related:
- Millions of Australians Caught Up in Cyber Attacks
March 29, 2023
One of Australia’s biggest property companies said Wednesday it had been hit by cybercriminals who may have stolen data about staff and guests. Staff members at Meriton, a large Australian property business, were warned Wednesday that cybercriminals may have accessed details of their bank accounts and details of their salaries, disciplinary history and performance appraisals. Read more… Source: ...
- Financial cyberthreats in 2022
March 29, 2023
Financial gain remains the key driver of cybercriminal activity. In the past year, we’ve seen multiple developments in this area – from new attack schemes targeting contactless payments to multiple ransomware groups continuing to emerge and haunt businesses. However, traditional financial threats – such as banking malware and financial phishing, continue to take up a ...
- Copy-paste heist or clipboard-injector attacks on cryptousers
March 28, 2023
It is often the case that something new is just a reincarnation of something old. Kaspersky reasearchers have come across a series of clipboard injection attacks on cryptocurrency users, which emerged starting from September 2022. Although they have written about a similar malware attack in 2017 in one of our blogposts, the technique is still ...
- To pay or not to pay – that’s the question as ransomware attacks rise
March 28, 2023
There is rarely a day that goes by when there isn’t a major local, national or international story about a well know organisation being hit by a cyber attack that has huge potential to disrupt the business and damage their brand. In the past few weeks alone we’ve seen Eurovision fans in a panic after Booking.com ...
- APT43: North Korean Group Uses Cybercrime to Fund Espionage Operations
March 28, 2023
Mandiant researchers released a report on APT43, a prolific threat actor operating on behalf of the North Korean regime that they have observed engaging in cybercrime as a way to fund their espionage operations. According to Mandiant they track tons of activity throughout the year, but don’t always have enough evidence to attribute it to a ...
- Crown Resorts confirms ransom demand after GoAnywhere breach
March 28, 2023
Crown Resorts, Australia’s largest gambling and entertainment company, has confirmed that it suffered a data breach after its GoAnywhere secure file-sharing server was breached using a zero-day vulnerability. The Blackstone-owned company has an annual revenue that surpasses $8 billion and operates complexes in Melbourne, Perth, Sydney, Macau, and London. Read more… Source: Bleeping Computer