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REvil ransomware gang claims over $100 million profit in a year

REvil ransomware developers say that they made more than $100 million in one year by extorting large businesses across the world from various sectors. They are driven by profit and want to make $2 billion from their ransomware service, adopting the most lucrative trends in their pursuit of wealth. Affiliates do the heavy lifting A REvil representative that uses the aliases “UNKN” and “Unknown” on cybercriminal forums talked to tech blog Russian OSINT offering some details about the group’s activity and hints of what they have in store for the future. Like almost all ransomware gangs today, REvil runs a ransomware-as-a-service (RaaS) operation. Per this model, developers supply file-encrypting malware to affiliates, who earn the lion’s share from the money extorted from victims. With REvil, the developers take 20-30% and the rest of the paid ransom goes to affiliates, who run the attacks, steal data, and detonate the ransomware on corporate networks. “Most work is done by distributors and ransomware is just a tool, so they think that’s a fair split,” REvil representative, Unknown, told Russian OSINT. This means that the developers set the ransom amount, run the negotiations, and collect the money that is later split with affiliates. Long list of victims The cybercriminal operation has encrypted computers at big-name companies, among them Travelex, Grubman Shire Meiselas & Sacks (GSMLaw), Brown-Forman, SeaChange International, CyrusOne, Artech Information Systems, Albany International Airport, Kenneth Cole, and GEDIA Automotive Group. Unknown says that REvil affiliates were able to breach the networks of Travelex and GSMLaw in just three minutes by exploiting a vulnerability in Pulse Secure VPN left unpatched for months after the fix became available [1, 2]. source: Bad Packets REvil’s public-facing representative says that the syndicate has hit the network of a “major gaming company” and will soon announce the attack. They also say that REvil was responsible for the attack in September against Chile’s public bank, BancoEstado. The incident prompted the bank to close all its branches for a day but did not affect online banking, apps, and ATMs. Along with managed services providers (MSPs) that have access to networks of multiple organizations, the most profitable targets for REvil are companies in the insurance, legal, and agriculture sectors. As for initial access, Unknown mentioned brute-force attacks as well as remote desktop protocol (RDP) combined with new vulnerabilities. One example are vulnerabilities tracked as CVE-2020-0609 and CVE-2020-0610 bugs and known as BlueGate. These allow remote code execution on systems running Windows Server (2012, 2012 R2, 2016, and 2019). New money-making avenues REvil initially made its profit from victims paying the ransom to unlock encrypted files. Since the attackers also locked backup servers, victims had few options to recover, and paying was the quickest way. The ransomware business changed last year when operators saw an opportunity in stealing data from breached networks and started to threaten victims with damaging leaks that could have a much worse impact on the company. Even if it takes longer and causes a significant setback, large businesses can recover encrypted files from offline backups. Having sensitive data in the public space or sold to interested parties, though, can be synonymous with losing the competitive advantage and reputation damage that is difficult to rebuild. This method proved to be so lucrative that REvil now makes more money from not publishing stolen data than from decryption ransom. Unknown says that one in three victims are currently willing to pay the ransom to prevent the leaking of company data. This could be the next step in the ransomware business. REvil is also thinking to adopt another tactic designed to increase their odds of getting paid: hitting the victim with distributed denial-of-service (DDoS) attacks to force them to at least (re)start negotiating a payment. SunCrypt ransomware used this tactic recently on a company that had stopped negotiations. The attackers made it clear that they launched the DDoS attack and terminated it when negotiations resumed. REvil plans to implement this idea. REvil’s model for making money is working and the gang already has plenty in their coffers. In their search for new affiliates, they deposited $1 million in bitcoins on a Russian-speaking forum. The move was designed to show that their operation generates plenty of profit. According to Unknown, this step is to recruit new blood to distribute the malware, as the ransomware scene is full to the brim with professional cybercriminals. Although they have truckloads of money, REvil developers are confined to the borders of the Commonwealth of Independent States (CIS, countries in the former Soviet Union) region. A reason for this is attacking a large number of high-profile victims that prompted investigations from law enforcement agencies from all over the world. As such, traveling is a risk REvil developers are not willing to take. REvil built on older code This ransomware syndicate is also referred to as Sodin or Sodinokibi but the name REvil is inspired by the Resident Evil movie and stands for Ransomware Evil. Their malware was first spotted in April 2019 and the group started looking for skilled hackers (elite penetration testers) shortly after GandCrab ransomware closed shop. Unknown says that the group did not create the file-encrypting malware from scratch but bought the source code and developed on top of it to make it more effective. It uses elliptic curve cryptography (ECC) that has a smaller key size than the RSA-based public-key system, with no compromise on security. Unknown says that this is one reason affiliates choose REvil over other RaaS operations like Maze or LockBit. Before shutting their business, GandCrab developers said they made $150 million, while the entire operation collected more than $2 billion in ransom payments. Clearly, REvil developer’s ambitions are greater. BleepingComputer was told that Unknown confirmed that the interview (in Russian) was real. Source: https://www.bleepingcomputer.com/news/security/revil-ransomware-gang-claims-over-100-million-profit-in-a-year/

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REvil ransomware gang claims over $100 million profit in a year

Insights for navigating a drastically changing threat landscape

In a recent report, Trend Micro announced it detected 119,000 cyber threats per minute in 2020 as home workers and infrastructure came under new pressure from attacks. Attacks on homes surged The report also shows that home networks were a major draw last year for cybercriminals looking to pivot to corporate systems, or compromise and conscript IoT devices into botnets. Attacks on homes surged 210% to reach nearly 2.9 billion—amounting to 15.5% of all homes. … More ? The post Insights for navigating a drastically changing threat landscape appeared first on Help Net Security .

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Insights for navigating a drastically changing threat landscape

DDoS attacks intensify — Driven in part by COVID-19 and 5G

Cybercriminals had a busy year in 2020, with rapidly increasing numbers of distributed denial of service (DDoS) weapons, widespread botnet activity, and some of the largest DDoS attacks ever recorded. As COVID-19 drove an urgent shift online for everything from education and healthcare, to consumer shopping, to office work, hackers had more targets available than ever—many of them under protected due to the difficulty of maintaining security best practices in an emergency scenario. At the same time, the ongoing rollout of 5G technologies has accelerated the proliferation of IoT and smart devices around the world, making unsuspecting new recruits available for botnet armies to launch crushing attacks on a massive scale. In our ongoing tracking of DDoS attacks, DDoS attack methods, and malware activity, A10 Networks has observed a steady increase in the frequency, intensity, and sophistication of these threats, most recently in our State of DDoS Weapons Report for H2 2020, which covers the second half of the past year. During this period, we saw an increase of over 12% in the number of potential DDoS weapons available on the internet, with a total of approximately 12.5 million weapons detected. The good news is that proven methods of protection continue to be effective even as threat levels rise. So how can organizations defend against this common and highly damaging type of attack? Botnets drive DDoS attack levels to new heights While organizations of all sizes fell victim to DDoS last year, two of the world’s largest companies made headlines for suffering unprecedented attacks. In June 2020, Amazon revealed a DDoS attack on its public cloud earlier that year that peaked at 2.3 Tbps, almost twice the size of the previous largest recorded attack. Soon afterwards, Google revealed details of an even larger DDoS attack that peaked at 2.5 Tbps. A10 Networks has also been privately notified of even larger attacks, underscoring the perennial threat and growing impact of this type of cybercrime. Unlike other types of cyberattacks that depend on concealment, DDoS attacks aim to simply overwhelm an organization’s defenses with a massive flood of service requests delivered from a large number of sources. The distributed nature of the attack makes it especially difficult to repel, as the victim can’t simply block requests from a single illicit source. In recent years, hackers have evolved their methods and broadened their base of attack by using malware to hijack vulnerable compute nodes such as computers, servers, routers, cameras, and other IoT devices and recruit them as bots. Assembled into botnet armies under the attacker’s control, these weapons make it possible for attacks to be sourced from different locations across the globe to suit the attacker’s needs. In the second half of 2020, the top locations where botnet agents were detected include India, Egypt, and China, which together accounted for approximately three-quarters of the total. Activity sourced from DDoS-enabled bots in India spiked in September 2020, with more than 130,000 unique IP addresses showing behavior associated with the Mirai malware strain. A10’s most recent State of DDoS Weapons Report explores our findings about the largest contributor to this botnet activity, a major cable broadband provider, which accounted for more than 200,000 unique sources of Mirai-like behavior. Blocking botnet recruiters The identification of IP addresses associated with DDoS attacks gives organizations a way to defend their systems against questionable activity and potential threats. To protect services, users and customers from impending DDoS attacks, companies should block traffic from possibly compromised IP addresses unless it is essential for the business, or to rate-limit it until the issue is resolved. Automated traffic baselining, artificial intelligence (AI), and machine learning (ML) techniques can help security teams recognize and deal with zero-day attacks more quickly by recognizing anomalous behavior compared with historical norms. Another important step is to make sure that your organization’s own devices are not being recruited as bots. All IoT devices should be updated to the latest version to alleviate infection by malware. To detect any pre-existing infections, monitor for unrecognized outbound connections from these devices, and check whether BitTorrent has ever been seen sourced or destined to these devices, which can be a sign of infection. Outbound connections should be blocked as well. This will prevent the device from making the call required for the installation of malware such as mozi.m or mozi.a as part of the bot recruitment process. Amplification attacks and how to prevent them The scope of a DDoS attack can be vastly expanded through amplification, a technique that exploits the connectionless nature of the UDP protocol. The attacker spoofs the victim’s IP address and uses it to send numerous small requests to internet-exposed servers. Servers configured to answer unauthenticated requests, and running applications or protocols with amplification capabilities, will then generate a response many times larger than the size of each request, generating an overwhelming volume of traffic that can devastate the victim’s systems. Capable of leveraging millions of exposed DNS, NTP, SSDP, SNMP, and CLDAP UDP-based services, amplification reflection attacks have resulted in record-breaking volumetric attacks and account for the majority of DDoS attacks. The SSDP protocol, with more than 2.5 million unique systems, led the list of amplification attack weapons exposed to the internet in 2020. With an amplification factor of over 30x, SSDP is considered one of the most potent DDoS weapons. The most straightforward blanket protection against such attacks is to simply block port 1900 traffic sourced from the internet unless there is a specific use case for SSDP usage across the internet. Blocking SSDP traffic from specific geo-locations where a high-level botnet activity has been detected can also be effective for more surgical protection. As recent trends make clear, the DDoS threat will only continue to grow as rising online activity across sectors, a rapidly expanding universe of IoT devices, and increasingly sophisticated methods offer new opportunities for cybercriminals. Organizations should take an active approach to defense by closing unnecessary ports, using AI and ML to monitor for signs of compromise or attack, and blocking traffic from IP addresses known to have exhibited illicit behavior. Source: https://www.securitymagazine.com/articles/94570-ddos-attacks-intensify-driven-in-part-by-covid-19-and-5g

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DDoS attacks intensify — Driven in part by COVID-19 and 5G

Extortion demands grow as cybercriminals target new online industries

There was a 154 percent increase in the number of attacks between 2019 and 2020, with growth in ransom-related DDoS (RDDoS) attacks and a rise in use of existing attack vectors, including web applications, a Neustar report reveals. The report also provides key details around the amount, size, duration and intensity of DDoS attacks throughout 2020 to keep cybersecurity professionals informed. DDoS extortion demands on the rise Primarily, the report highlights a rise in ransom-related … More ? The post Extortion demands grow as cybercriminals target new online industries appeared first on Help Net Security .

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Extortion demands grow as cybercriminals target new online industries

Command ‘n’ control botnet of notorious Emotet Windows ransomware shut down in multinational police raid

Europol-led op knocks 700 servers offline EU police agency Europol has boasted of taking down the main botnet powering the Emotet trojan-cum-malware dropper, as part of a multinational police operation that included raids on the alleged operators’ homes in the Ukraine.…

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Command ‘n’ control botnet of notorious Emotet Windows ransomware shut down in multinational police raid

International law enforcement effort pulls off Emotet botnet takedown

Law enforcement and judicial authorities worldwide have effected a global takedown of the Emotet botnet, Europol announced today. “The Emotet infrastructure essentially acted as a primary door opener for computer systems on a global scale. Once this unauthorised access was established, these were sold to other top-level criminal groups to deploy further illicit activities such data theft and extortion through ransomware. Investigators have now taken control of its infrastructure in an international coordinated action,” they … More ? The post International law enforcement effort pulls off Emotet botnet takedown appeared first on Help Net Security .

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International law enforcement effort pulls off Emotet botnet takedown

Bad actors launched an unprecedented wave of DDoS attacks in 2020

For many enterprises, 2020 was a tough year for cyberattacks, with dozens suffering from devastating DDoS attacks due to the newfound reliance on digital tools, according to a new report from cybersecurity firm Akamai. In its report, “Retrospective 2020: DDoS was Back — Bigger and Badder than Ever Before,” the company found that it had more customers attacked in November 2020 than any prior month going back to 2016. The company had more customers attacked over 50Gbps in August 2020 than any month before, another record that dates back to 2016. “In fact, across all attacks, 7 of the 11 industries we track saw more attacks in 2020 than any year to date. Think about that. This was led by huge jumps in Business Services (960%), Education (180%), Financial Services (190%), Retail & Consumer Goods (445%), and Software & Tech (196%),” the report said. “During Cyberweek 2020 alone we saw: 65% more attacks launched against our customers vs Cyberweek 2019, the number of customers targeted was up 57% YoY, and threat actors launching attacks across an expanded industry base.” Tom Emmons, Akamai’s principal product architect, said in an interview that he and other researchers observed a “significant evolution in DDoS attacks throughout 2020, maybe the most DDoS disruption of any year on record.” For Emmons, the rise in the number of customers seeing attacks, the steady growth in large attacks, and the shift in industries targeted were startling and disturbing for him to see. “As more and more activity moved online (work, shopping, learning, etc) due to COVID-19-related restrictions and behavioral adjustments, it made internet-facing infrastructure more important. Not long after COVID-19 hit, attacks started trending up and really just continued to accelerate as the year progressed. The basic idea here is the more important something is, the more likely to be attacked,” Emmons said. “We saw attackers who clearly did their homework on scouting out targets in a well-coordinated manner. The most interesting thing the DDoS extortionists are doing is choosing good targets, and managing to get their emails and chats through to the right folks, navigating spam filters, and unread boxes.” The report cites a number of record-breaking attacks, including a 1.44 Tbps attack against a major bank in Europe as well as an 809 Mpps attack on an internet hosting provider. According to the study’s findings, some of the largest DDoS extortion campaigns took place in 2020 and the numbers only continued to grow throughout the year. Akamai reported that more of its customers were attacked than any other year on record since 2003, with one industry seeing a 960% increase in the number of attacks. The steep increase in attacks was attributed to COVID-19, which forced almost every enterprise into using some form of digital tools in order to survive. Emmons also noted that there have been improvements in the tools used for DDoS attacks, allowing less experienced attackers to go after big targets. When researchers mapped it out, the timing of the increases in attacks coincides perfectly with the start of the COVID-19 pandemic, particularly in Europe and the US. “Customers and prospects shifted to focus on protecting VPNs and communications endpoints more than ‘generic’ data centers, as their risk profile and postures rapidly evolved,” the report said. “Looking back, as businesses across all industries had to adapt to remote work and the increasing reliance on internet connectivity, it’s clear that more and more types of organizations would be attractive and lucrative targets for DDoS threat vectors.” The report adds that the complexity of the attacks was also concerning considering the number of attack vectors and botnet tools used. In 2020, Akamai reported that 65% of the DDoS attacks they dealt with involved “multi-vector assaults” and “as many as 14 different DDoS vectors were noted in a single attack.” There was a significant increase in extortion-related DDoS attacks that began in August but the unnerving aspect for Akamai researchers was the specificity of the surveillance done before the attacks. “A notable characteristic of this campaign was the level of reconnaissance conducted by the attackers prior to sending the extortion letters. The bad actors were highly targeted in their threats and wanted victims to know that they had uncovered specific weaknesses across internet-facing infrastructure or had identified revenue-impacting IPs that would be taken offline unless their Bitcoin extortion demands were met,” the report said. “The 2020 campaign also signaled a significant shift in the types of industries typically targeted — a foreshadowing of future DDoS activity — with the threat actors pivoting from one vertical to the next depending on the week, in some cases circling back to organizations who had been previously victimized. As is the case with extortion, criminal rings won’t stop until arrests are made, and the fact that the extortion campaigns are ongoing indicates businesses are caving to their demands, which further incentivizes the activity.” When asked about the motivations behind this increase in attacks, Emmons said most were generally launched for money, either through extortion or by attempting to damage an organization financially through disruption. Society’s overwhelming reliance on digital tools made it easy for attackers to go after “low hanging fruit.” The study notes that Akamai continues to see extortion-related attacks that led to a “record emergency onboarding of new customers,” with the report adding that this was a signal that the problem seems likely to persist well into 2021. All signs point to continued DDoS attack growth. Not one of the indicators we track is flat or trending down,” Emmons said. “We’ve got more new customers doing emergency integrations than ever, and the percentage of customers running always on vs. on-demand defenses is at an all-time high. When in doubt follow the customers.” Source: https://www.techrepublic.com/article/bad-actors-launched-an-unprecedented-wave-of-ddos-attacks-in-2020/

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Bad actors launched an unprecedented wave of DDoS attacks in 2020

What analytics can unveil about bot mitigation tactics

25% of internet traffic on any given day is made up of bots, the Kasada Research Team has found. In fact, there is a synthetic counterpart for almost every human interaction online. Bot mitigation tactics These bots work to expose and take advantage of vulnerabilities at a rapid pace, stealing critical personal and financial data, scraping intellectual property, installing malware, contributing to DDoS attacks, distorting web analytics and damaging SEO. Luckily, tools, approaches, solutions and … More ? The post What analytics can unveil about bot mitigation tactics appeared first on Help Net Security .

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What analytics can unveil about bot mitigation tactics

As coronavirus cases surge, so do cyberattacks against the healthcare sector

The healthcare sector should brace itself against an increase in cyberattack rates and a variety of attack vectors over the coming months, researchers have warned. On Tuesday, cybersecurity firm Check Point released new statisticsthat show a 45% increase in cyberattacks since November against the global healthcare sector, over double an increase of 22% against all worldwide industries in the same time period. According to the researchers, attack vectors employed by threat actors are wide-ranging; including distributed denial-of-service (DDoS) attacks, social engineering, botnets, phishing, and ransomware. However, ransomware, in particular, is of serious concern. We’ve already seen just how debilitating a ransomware attack wave can be. The WannaCry outbreak of 2017 locked up and disrupted operations for countless businesses worldwide, and in the past four years, ransomware has continued to grow in popularity due to how lucrative a criminal business it has become. When it comes to hospitals, some providers will pay blackmail fees demanded by ransomware operators rather than risk patient care. The death of a patient due to a ransomware attack on a hospital has already occurred. Check Point says that ransomware attack rates are surging against the healthcare sector. The Ryuk ransomware strain is now the most popular malware to deploy in these attacks, followed by Sodinokibi. Overall, an average of 626 attacks was recorded on a weekly basis against healthcare organizations in November, in comparison to 430 in October. Central Europe has been hardest hit in the past two months, with a 145% increase in healthcare-related attacks, followed by East Asia, Latin America, and then the rest of Europe and North America. Healthcare organizations in Canada and Germany experienced the largest surge in cyberattack rates at 250% and 220%, respectively. Check Point says that the reason for the increase is financial, with threat actors seeking to cash in on the worldwide disruption caused by COVID-19. While bog-standard fraudsters are targeting the general public through phishing, emails, texts, and phone calls in coronavirus-related campaigns, other groups are hoping to profit through more debilitating attacks on core services. “As the world’s attention continues to focus on dealing with the pandemic, cybercriminals will also continue to use and try to exploit that focus for their own illegal purposes — so it’s essential that both organizations and individuals maintain good cyber-hygiene to protect themselves against covid-related online crime,” the team says. Source: https://www.zdnet.com/article/as-coronavirus-cases-surge-so-do-cyberattacks-against-the-healthcare-sector/

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As coronavirus cases surge, so do cyberattacks against the healthcare sector