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Text Content

Experts Expose Secrets of Conti Ransomware Group That Made 25 Million from
Victims #Cybersecurity - The Entrepreneurial Way with A.I.

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FRIDAY, NOVEMBER 19, 2021

Home Cybersecurity Khareem Sudlow noreply@blogger.com (Ravie Lakshmanan) Experts
Expose Secrets of Conti Ransomware Group That Made 25 Million from Victims
#Cybersecurity


EXPERTS EXPOSE SECRETS OF CONTI RANSOMWARE GROUP THAT MADE 25 MILLION FROM
VICTIMS #CYBERSECURITY

BruceDayne 2:03 AM Cybersecurity, Khareem Sudlow, noreply@blogger.com (Ravie
Lakshmanan),



#HackerNews

The clearnet and dark web payment portals operated by the Conti ransomware group
have gone down in what appears to be an attempt to shift to new infrastructure
after details about the gang's inner workings and its members were made public.

According to MalwareHunterTeam, "while both the clearweb and Tor domains of the
leak site of the Conti ransomware gang is online and working, both their
clearweb and Tor domains for the payment site (which is obviously more important
than the leak) is down."

It's not clear what prompted the shutdown, but the development comes as Swiss
cybersecurity firm PRODAFT offered an unprecedented look into the group's
ransomware-as-a-service (RaaS) model, wherein the developers sell or lease their
ransomware technology to affiliates hired from darknet forums, who then carry
out attacks on their behalf while also netting about 70% of each ransom payment
extorted from the victims.

The result? Three members of the Conti team have been identified so far, each
playing the roles of admin ("Tokyo"), assistant ("it_work_support@xmpp[.]jp"),
and recruiter ("IT_Work") to attract new affiliates into their network.

While ransomware attacks work by encrypting the victims' sensitive information
and rendering it inaccessible, threat actors have increasingly latched on to a
two-pronged strategy called double extortion to demand a ransom payment for
decrypting the data and threaten to publicly publish the stolen information if
the payment is not received within a specific deadline.

"Conti customers – affiliate threat actors – use [a digital] management panel to
create new ransomware samples, manage their victims, and collect data on their
attacks," noted the researchers, detailing the syndicate's attack kill chain
leveraging PrintNightmare (CVE-2021-1675, CVE-2021-34527, and CVE-2021-36958)
and FortiGate (CVE-2018-13374 and CVE-2018-13379) vulnerabilities to compromise
unpatched systems.

Emerging on the cybercrime landscape in October 2019, Conti is believed to be
the work of a Russia-based threat group called Wizard Spider, which is also the
operator of the infamous TrickBot banking malware. Since then, at least 567
different companies have had their business-critical data exposed on the victim
shaming site, with the ransomware cartel receiving over 500 bitcoin ($25.5
million) in payments since July 2021.

What's more, an analysis of ransomware samples and the bitcoin wallet addresses
utilized for receiving the payments has revealed a connection between Conti and
Ryuk, with both families heavily banking on TrickBot, Emotet, and BazarLoader
for actually delivering the file-encrypting payloads onto victim's networks via
email phishing and other social engineering schemes.

PRODAFT said it was also able to gain access to the group's recovery service and
an admin management panel hosted as a Tor hidden service on an Onion domain,
revealing extensive details of a clearnet website called "[contirecovery[.]ws]"
that contains instructions for purchasing decryption keys from the affiliates.
Interestingly, an investigation into Conti's ransomware negotiation process
published by Team Cymru last month highlighted a similar open web URL named
"contirecovery[.]info."

"In order to tackle the complex challenge of disrupting cybercriminal
organizations, public and private forces need to work collaboratively with one
another to better understand and mitigate the wider legal and commercial impact
of the threat," the researchers said.

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November 19, 2021 at 02:00AM by noreply@blogger.com (Ravie Lakshmanan), Khareem
Sudlow
Tags # Cybersecurity # Khareem Sudlow # noreply@blogger.com (Ravie Lakshmanan)



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www.aiupnow.com Open in urlscan Pro
216.58.212.147 Public Scan

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