The Week in Ransomware - July 1st 2022 - Bug Bounties
It has been relatively busy this week with new ransomware attacks unveiled, a bug bounty program introduced, and new tactics used by the threat actors to distribute their encryptors. [...]
Ransomware encrypts or steals data to disrupt operations and extort victims, making backups, access controls, and incident response essential.
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Background for this topic.
Ransomware is malware used to deny access to systems or data, usually by encrypting files and demanding payment for decryption. Many operations also steal sensitive information and threaten to publish it, so an attack can create both an availability crisis and a privacy or disclosure risk. Initial access may involve phishing, stolen credentials, exposed remote services, or exploitation of unpatched vulnerabilities; attackers may then move through the network before deploying the payload.
Defenses should combine vulnerability management, phishing-resistant authentication where practical, endpoint and network monitoring, and backups that are isolated from routine administrator access and regularly tested for recovery. Organizations should also limit privileges and segment critical systems to reduce the blast radius. An incident requires rapid containment, preservation of forensic evidence, restoration from known-good backups, and assessment of notification, legal, and regulatory obligations. Threat intelligence can help identify relevant criminal infrastructure or tactics, but it does not replace sound access control, patching, detection, and recovery practices.
It has been relatively busy this week with new ransomware attacks unveiled, a bug bounty program introduced, and new tactics used by the threat actors to distribute their encryptors. [...]
Publishing giant Macmillan was forced to shut down their network and offices while recovering from a security incident that appears to be a ransomware attack. [...]
A lesser-known ransomware strain called AstraLocker has recently released its second major version, and according to threat analysts, its operators engage in rapid attacks that drop its payload directly from email attachments. [...]
American retailer Walmart has denied being hit with a ransomware attack by the Yanluowang gang after the hackers claimed to encrypt thousands of computers. [...]
The Vice Society ransomware gang has claimed responsibility for last week's cyberattack against the Medical University of Innsbruck, which caused severe IT service disruption and the alleged theft of data. [...]
The LockBit ransomware operation has released 'LockBit 3.0,' introducing the first ransomware bug bounty program and leaking new extortion tactics and Zcash cryptocurrency payment options. [...]
LockBit ransomware affiliates are using an interesting trick to get people into infecting their devices by disguising their malware as copyright claims. [...]