Some of the biggest US hedge funds and law firms have been targeted by a highly sophisticated data breach and extortion campaign, conducted by a group of criminals previously known as BlackFile, experts have warned.
BlackFile (or Redact, as the group is now calling itself) has a relatively simple modus operandi, also used by ShinyHunters – they call their targets on the phone (usually employees with access to SaaS systems), identify as IT staff, and direct victims to convincing, lookalike login pages designed to steal their credentials and authentication tokens.
Once they gain access to victims’ accounts, the attackers access enterprise SaaS environments (for example, Microsoft 365 and Okta) and use automated tools to exfiltrate sensitive data. In the last step, they notify the victims and threaten to leak the data on the dark web unless a ransom is paid.
Read more…
Source: Tech Radar News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- FBI: Ransomware Attacks Straining Local US Governments and Public Services
March 30, 2022
The FBI is informing Government Facilities Sector (GFS) partners of cyber actors conducting ransomware attacks on local government agencies that have resulted in disrupted operational services, risks to public safety, and financial losses. Ransomware attacks against local government entities and the subsequent impacts are especially significant due to the public’s dependency on critical utilities, emergency ...
- Cyber Actors Target US Election Officials with InvoiceThemed Phishing Campaign to Harvest Credentials
March 29, 2022
The FBI is warning US election and other state and local government officials about invoicethemed phishing emails that could be used to harvest officials’ login credentials. If successful, this activity may provide cyber actors with sustained, undetected access to a victim’s systems. As of October 2021, US election officials in at least nine states received invoice-themed ...
- Kaspersky, China Telecom, China Mobile named ‘threats to US national security’
March 28, 2022
The United Stations Federal Communications Commission (FCC) has labelled Kaspersky, China Mobile, and China Telecom as threats to national security. The three companies join Huawei, ZTE, Chinese radio-comms vendor Hytera, and Chinese video surveillance systems vendors Hangzhou Hikvision Digital Technology Company and Dahua Technology Company. Kaspersky is the first non-Chinese company to be added to the FCC’s ...
- FBI: Tactics, Techniques, and Procedures of Indicted State-Sponsored Russian Cyber Actors Targeting the Energy Sector
March 24, 2022
This joint Cybersecurity Advisory (CSA)—coauthored by the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the Department of Energy (DOE)—provides information on multiple intrusion campaigns conducted by statesponsored Russian cyber actors from 2011 to 2018 and targeted U.S. and international Energy Sector organizations. CISA, the FBI, and DOE responded to ...
- Britain, U.S. warn of satellite communications risks after Ukraine hack
March 18, 2022
Britain and the United States have warned organisations of the risks associated with using satellite communications following a cyberattack on satellite internet modems as Russia invaded Ukraine. Western intelligence agencies have been investigating the attack which disrupted broadband satellite internet access provided by U.S. telecommunications firm Viasat, Reuters reported last week. “It’s certainly something we’re investigating quite ...
- CISA: Strengthening Cybersecurity of SATCOM Network Providers and Customers
March 17, 2022
CISA and the Federal Bureau of Investigation (FBI) are aware of possible threats to U.S. and international satellite communications (SATCOM) networks. Successful intrusions into SATCOM networks could create additional risk for SATCOM network customer environments. In response, CISA and FBI have published joint Cybersecurity Advisory (CSA) Strengthening Cybersecurity of SATCOM Network Providers and Customers, which provides ...