Skip to main content

BlackCat hacker group methods exposed by Israeli cybersecurity firm

posted onMarch 11, 2024
by l33tdawg
Flickr
Credit: Flickr

The Israeli cybersecurity company, Sygnia, revealed new details about a group of hackers known as BlackCat. First active in November 2021, the group focuses on attacking high-profile multi-sector and international organizations. Sygnia investigated this suspicious activity on BlackCat's network, which was eventually identified as a financial extortion attack that included a massive information leak.

The Sygnia team, led by Oren Biederman, a senior expert in detection and response to cyber incidents, provides a detailed, step-by-step description of all the actions performed by the BlackCat group during an attack on a customer. The researchers also provide advice for organizations and companies on how to defend themselves ahead of time against similar attacks. This is based on the defensive activity carried out for a Sygnia client that was attacked by BlackCat in 2023.

Like other hacker groups, BlackCat uses a Ransomware-as-a-Service business model, which allows its partners to leverage their tools and infrastructure for extortion attacks.

Source

Tags

Security

You May Also Like

Recent News

Thursday, May 16th

Wednesday, May 15th

Tuesday, May 14th

Monday, May 13th

Friday, May 10th

Thursday, May 9th

Wednesday, May 8th

Tuesday, May 7th