Subj : These two ransomware giants are joining forces to hit more victim
To   : All
From : TechnologyDaily
Date : Wed Mar 06 2024 16:15:05

These two ransomware giants are joining forces to hit more victims across the 
world

Date:
Wed, 06 Mar 2024 16:01:46 +0000

Description:
GhostSec and Stormous are now working together to target organizations around 
the world, and have picked up the pace.

FULL STORY
======================================================================

Two major ransomware groups, GhostSec and Stormous, joined forces and 
conducted several double extortion attacks. 

A report from cybersecurity researchers Cisco Talos revealed the partnership 
appears to have started in October 2023, when GhostSec announced a new 
ransomware-as-a-service (RaaS) framework on Telegram, called GhostLocker. 

As by that time, the group already had successful collaborations with 
Stormous (namely, an attack against Cuban ministries in July 2023), the 
latter then announced it would adopt GhostLocker, in addition to its 
StormousX program. Surge in activity 

Since then, the researchers claim GhostSec and Stormous have pulled off a 
number of double extortion ransomware attacks, targeting victims in different 
industries and various countries around the world. 

GhostSec mostly targets corporate websites, including a national railway 
operator in Indonesia, and a major energy company in Canada. Cisco Talos 
observed victims in Cuba, Argentina, Poland, China, Lebanon, Israel, 
Uzbekistan, India, South Africa, Brazil, Morocco, Qatar, Turkiye, Egypt, 
Vietnam, Thailand and Indonesia. 

Israels Industrial systems, critical infrastructure and technology companies, 
as well as government organizations (Ministry of Defense), seem to be 
frequently targeted. 

The two also rebuilt the new official blog on the TOR network, offering 
affiliate programs for adjacent hacking collectives. Their blog dashboard 
shows the count of victims and disclosures of victims information with a link 
to their leaked data, the researchers said. Their largest ransom demand 
(which doesnt necessarily have to mean it was also the largest payment 
received) was listed at $500,000. 

Since teaming up with Stormous, GhostSecs activities have surged, Cisco Talos 
concluded. 

Year after year, ransomware operators are getting bigger, bolder, and more 
destructive. Some of the biggest cybersecurity incidents of the past decade 
included ransomware groups such as LockBit, BlackCat (ALPHV), and Cl0p. More 
from TechRadar Pro There were more ransomware attacks last month than any 
other on record Here's a list of the best firewalls around today These are 
the best endpoint security tools right now



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Link to news story:
https://www.techradar.com/pro/security/these-two-ransomware-giants-are-joining
-forces-to-hit-more-victims-across-the-world


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