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Forge Report: First Half Threat Trends of 2024




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LIMINAL PANDA Threat Actor Exploits Global Telecoms for Espionage Operations
LIMINAL PANDA, a state-sponsored group linked to China, targets global telecoms for signals intelligence. Using tools like CordScan and SIGTRANslator, the group collects mobile subscriber data, call metadata, and SMS records. CrowdStrike highlights their focus on telecom protocols and ties to China’s geopolitical interests, posing a critical infrastructure threat.
EPA Inspector General Exposes Potentially Severe Cyber Risks in Water Systems
The EPA’s Inspector General report identifies high-risk cybersecurity vulnerabilities in 97 U.S. drinking water systems, endangering public health and infrastructure. With no dedicated incident reporting system, response delays could escalate risks, potentially leading to service disruptions with billions in economic losses. Recommendations include creating a national cybersecurity strategy for water systems.
New Tactics from Earth Kasha Reveal an Interconnected Umbrella of China-Nexus Adversaries
Earth Kasha, a China-linked threat actor tied to the APT10 umbrella, has targeted Japan, Taiwan, and India since 2019. Using LODEINFO malware and zero-day exploits, Earth Kasha infiltrates networks for espionage. Overlapping tactics with Earth Tengshe highlight a shared infrastructure among China-nexus cyber adversaries.
BlackSuit Ransomware Group 93 Victims and Rising Amid Escalating Activities
The BlackSuit ransomware group, evolved from Royal ransomware, has compromised 93 victims since May 2023. Targeting industries such as education, construction, and healthcare, this gang employs phishing, stolen credentials, and advanced tools for attacks. Their encryption spans Windows, Linux, and ESXi systems, demanding ransoms tied to victim revenues.
Joint FBI-CISA Advisory Informs Chinese Espionage on U.S. Telecom Firms
The FBI and CISA confirm PRC-linked cyber actors breached U.S. telecom firms, including AT&T and Verizon, enabling data theft and espionage targeting government and political communications. Hackers accessed court-authorized wiretap systems and call records. Agencies advise organizations to contact authorities for support amid ongoing investigations into these national security breaches.
UAC-0194’s Exploitation of CVE-2024-43451 in Ukraine for Phishing
ClearSky links UAC-0194 to phishing attacks exploiting CVE-2024-43451, targeting Ukrainian government, education, and research sectors. Using malicious URL files, attackers capture NTLM hashes and deploy SparkRAT malware for persistence. CERT-UA urges immediate application of Microsoft’s November 2024 patch to mitigate this critical vulnerability in Windows systems.

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