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Forge Report: First Half Threat Trends of 2024




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Windows Event Logs Abused for Malware
In February 2022, Kaspersky uncovered a stealthy malware campaign using Windows event logs for concealment. The attack, starting in September 2021, involved tools like Cobalt Strike and Silent Break, injecting malware into system processes and hiding shellcode in event logs for persistence.
National Emergency Declared in Costa Rica
Costa Rican President Rodrigo Chaves declared a national emergency on May 8th, 2022, following Conti ransomware attacks on multiple government agencies. The attacks resulted in a 672 GB data leak, with 97% of the stolen data already exposed. The attacks are aimed at financial gain, with threats of more severe attacks.
New REvil Malware
REvil ransomware has resurfaced with a new malware variant, confirmed by security researchers. The new encryptor was identified by AVAST researcher Jakub Kroustek, with code compiled on April 26th, 2022, and version incremented to 2.08. This suggests a continuation from when REvil supposedly shut down.
Mandiant Tracks APT29 Phishing Campaigns
Mandiant has identified Russian state-sponsored threat group APT29 launching phishing campaigns against government and diplomacy sectors since January 17th, 2022. The campaigns targeted entities in Europe, the Americas, and Asia, using administrative notice themes and compromised email accounts. The phishing emails contained HTML droppers that wrote IMG or ISO files to disk, leading to infection via LNK and DLL files. APT29 used custom malware such as ROOTSAW, BOOMMIC, and BEATDROP. Techniques included certificate abuse, registry modifications, scheduled tasks, native command discovery, and kerberoasting, with domain admin privileges typically reached within 12 hours.
AGCO, Farming and Equipment Maker Hits By Ransomware
On May 5, 2022, AGCO, an agricultural equipment manufacturer, was struck by ransomware, disrupting operations with a recovery that may take several days or longer. The specific ransomware strain remains unidentified.
Mustang Panda Targets Europe
Chinese threat actor Mustang Panda targets U.S., Asia, and European entities with phishing campaigns. Cisco Talos reports the use of PlugX malware and themes related to COVID-19 and political matters. The activity, coinciding with the Russia-Ukraine conflict, aims to conduct espionage through various sophisticated techniques.

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