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Forge Report: First Half Threat Trends of 2024




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Ransomware Targets European Oil and Chemical Sectors
Ransomware attacks have targeted oil and chemical suppliers in Belgium, Netherlands, and Germany, with links to BlackCat and Conti ransomware groups. The attacks have caused operational disruptions, including a significant impact on Oiltanking GmbH and Mabanaft GmbH. Sea-Invest's Belgium terminal was also affected but continued operations with minimal impact.
Gamaredon/ACTINIUM & Ukraine
In-depth research by Palo Alto Unit24 and Microsoft Threat Intelligence Center reveals Gamaredon/ACTINIUM, linked to Russia's FSB, targeting Ukrainian organizations for cyber-espionage. Since October 2021, the group has focused on exfiltrating sensitive information and maintaining access, frequently using schtasks for persistence and leveraging a robust infrastructure with over 700 domains.
US Bans China Unicom Americas
On January 27th, 2022, the FCC ordered China Unicom Americas to cease its services in the US within 60 days, citing national security risks. The decision highlights concerns over potential espionage and harmful activities facilitated by the company's Chinese government ownership.
Midas Ransomware
Sophos reported a Midas ransomware attack on a technology vendor in December 2021. The attackers were active in the network for over two months, with the earliest compromise found on October 13th, 2021. Exploiting a flat network topology with no segmentation, the attackers used AnyDesk and TeamViewer for lateral movement. They also crafted and installed PowerShell scripts as services before deploying the ransomware. Key activities included using Process Hacker to identify processes, Mimikatz for credential harvesting, and exfiltrating data to a cloud service. Ransomware deployment occurred on December 7th, 2021.
OiVaVoii Threat Campaign
ProofPoint has tracked the OiVaVoii threat campaign since January 2022, using hijacked Office 365 tenants to send malicious OAuth applications to high-level executives. These apps allow attackers to obtain OAuth tokens and take over accounts. Microsoft has blocked four of the five identified apps, three of which were "Verified."
New Device Registration Tactic
Microsoft reports attackers exploiting unregistered devices for MFA to register on Azure AD. Using phishing campaigns to steal credentials, they gain access and expand their foothold in targeted organizations, primarily in Australia, Singapore, Indonesia, and Thailand. Over 100 mailboxes with specific Outlook rule entries were identified.

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