FBI says Cuba ransomware extorted over $60 million in ransom fees from more than 100 entities

Share post:

As of August 2022, the threat actors behind the Cuba (aka COLDDRAW) ransomware had received more than $60 million in ransom payments and had compromised over 100 entities worldwide.

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) issued a new advisory highlighting a “sharp increase in both the number of compromised US entities and the ransom amounts.”

According to the FBI and CISA, the ransomware gang has broadened its tactics, techniques, and procedures (TTPs) since the beginning of the year and has been linked to the RomCom Remote Access Trojan (RAT) and Industrial Spy ransomware.

It steals money by exploiting known security flaws, phishing, compromised credentials, and legitimate remote desktop protocol (RDP) tools, then distributes ransomware through Hancitor (aka Chanitor). Cuba has included the following flaws in its toolkit: CVE-2022-24521 (CVSS score: 7.8) (CVSS score: 7.8) – CVE-2020-1472: An elevation of privilege vulnerability in the Windows Common Log File System (CLFS) Driver – A vulnerability in the Netlogon remote protocol that allows for privilege elevation

The malware spread through phishing emails, stolen credentials, Microsoft Exchange exploits, or Remote Desktop Protocol (RDP) tools. Once inside their targets’ networks, Cuba ransomware threat actors use legitimate Windows services (e.g., PowerShell, PsExec, and various other unspecified services) to remotely deploy payloads and encrypt files with the “.cuba” extension.

The sources for this piece include an article in BleepingComputer.

SUBSCRIBE NOW

Related articles

Hertz Data Breach Exposes Customer Information via Supply Chain Hack

Hertz has disclosed a data breach resulting from a cyberattack on its vendor, Cleo Communications, which compromised sensitive...

Google’s New Security Feature – Automatic Reboot

Google is introducing a new security feature in its latest Android update that will automatically reboot phones and...

Cybersecurity Firm Prodaft Buys Hacker Forum Accounts to Monitor Cybercriminal Activity

Swiss cybersecurity company Prodaft has initiated a program to purchase verified and aged accounts on hacking forums, aiming...

Operation Endgame: Burnaby, BC Resident Arrested As Cops Go After Individual Hackers

As part of Operation Endgame, international law enforcement agencies have arrested a Burnaby, British Columbia resident accused of...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways