Tag Archive for: Commercial

Play Ransomware Goes Commercial – Now Offered as a Service to Cybercriminals


Nov 21, 2023NewsroomRansomware-as-a-service

The ransomware strain known as Play is now being offered to other threat actors “as a service,” new evidence unearthed by Adlumin has revealed.

“The unusual lack of even small variations between attacks suggests that they are being carried out by affiliates who have purchased the ransomware-as-a-service (RaaS) and are following step-by-step instructions from playbooks delivered with it,” the cybersecurity company said in a report shared with The Hacker News.

The findings are based on various Play ransomware attacks tracked by Adlumin spanning different sectors that incorporated almost identical tactics and in the same sequence.

This includes the use of the public music folder (C:\…\public\music) to hide the malicious file, the same password to create high-privilege accounts, and both attacks, and the same commands.

Play, also called Balloonfly and PlayCrypt, first came to light in June 2022, leveraging security flaws in Microsoft Exchange Server – i.e., ProxyNotShell and OWASSRF – to infiltrate networks and drop remote administration tools like AnyDesk and ultimately drop the ransomware.

Cybersecurity

Besides using custom data gathering tools like Grixba for double extortion, a notable aspect that set Play apart from other ransomware groups was the fact that the operators in charge of developing the malware also carried out the attacks.

The new development, therefore, marks a shift and completes its transformation into a RaaS operation, making it a lucrative option for cybercriminals.

“When RaaS operators advertise ransomware kits that come with everything a hacker will need, including documentation, forums, technical support, and ransom negotiation support, script kiddies will be tempted to try their luck and put their skills to use,” Adlumin said.

“And since there are probably more script kiddies than “real hackers” today, businesses and authorities should take note and prepare for a growing wave of incidents.”

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Industrial and Commercial Bank of China suffers ransomware attack; trades in US Treasury market disrupted: Report


Industrial and Commercial Bank of China (ICBC), the country’s largest commercial lender by assets, reportedly suffered a ransomware attack on Thursday that disrupted the trades in the US Treasury market. However, the impact of the ransomware attack seemed to be limited, Reuters reported.

In a statement, ICBC Financial Services said a ransomware attack resulted in disruption to certain systems and it was conducting an investigation and “progressing its recovery efforts.”

The bank said it had successfully cleared Treasury trades executed on Wednesday and repurchase agreements (repo) financing trades done on Thursday.

The Treasury trades executed on Wednesday and repurchase agreements (repo) financing trades done on Thursday had been successfully cleared, the bank said.

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Bloomberg reported citing people familiar with the situation that a prolific criminal gang known as Lockbit is suspected to have orchestrated the hack.

According to some market participants, trades going through ICBC were not settled due to the attack and this affected market liquidity, Reuters reported.

In ransomware attacks, hackers encrypt an organization’s systems and demand ransom payments in exchange for unlocking them. 

The Financial Times earlier had reported that the US Securities Industry and Financial…

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2023 | Cyber Security in Smart Commercial Buildings Market Size, (New Report) Exclusive Data Report Forecast 2031


Cyber Security in Smart Commercial Buildings Market| Outlook 2023-2028 | Pre and Post-COVID Research is Covered, Report Information | Newest 127 Pages Report The extent and overview of the various commercial opportunities throughout the ensuing years are shown in the global “Cyber Security in Smart Commercial Buildings Market” research report, together with the optimistic revenue projections. Application (, Offices, Retail, Banking and Financial Services, Hospitality, Government, Healthcare, Others), many companies have established official economic ties with the organization, and individual advisors from all over the world have joined forces with it. Type (, Hardware, Software, Services)

The major players covered in the Cyber Security in Smart Commercial Buildings market report are:

Arctic Wolf


Spacewell


Supreme


Nelysis


Singtel


IBM

Get a sample copy of the Cyber Security in Smart Commercial Buildings Market report 2023

Short Summery About Cyber Security in Smart Commercial Buildings Market:

The Cyber Security in Smart Commercial Buildings market has witnessed growth from USD million to USD million from 2017 to 2022. With the CAGR, this market is estimated to reach USD million in 2029.

The report focuses on the Cyber Security in Smart Commercial Buildings market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain.

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It additionally affords the proper insights and evaluation which are crucial to layout powerful commercial enterprise techniques and set the proper direction for improved boom for all enterprise gamers involved. With this information, the ones in rate might be capable of create new techniques, which consciousness available in the marketplace possibilities in order to…

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2030, Cyber Security in Smart Commercial Buildings Market (New Trend) Size, Business Insights With Top Company Analysis



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Cyber Security in Smart Commercial Buildings Market (CAGR 2023 – 2030) | No. of pages: [107] | market size, share, and industry analysis, By Type [Hardware, Software, Services,], Application [Offices, Retail, Banking and Financial Services, Hospitality, Government, Healthcare, Others], and regionhas seen significant growth and advancement due to valuable insights gained from effective business strategies, customer acquisition methods, and corporate synergies. These Cyber Security in Smart Commercial Buildings Market improvements are closely tied to strong governance, risk management, and compliance protocols, as well as agile business transformation processes. Specialized vertical tagging techniques contribute to high-quality data reporting, offering both qualitative and quantitative analyses through SWOT and PESTLE frameworks.

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Supreme
Arctic Wolf
Nelysis
IBM
Spacewell
Singtel

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Cyber Security in Smart Commercial Buildings Market Overview 2023-2030

The global Cyber Security in Smart Commercial Buildings market size was valued at USD Million in 2022 and will reach USD Million in 2028, with a CAGR of Percent during 2022-2028.

The Cyber Security in Smart Commercial Buildings market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment…

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