Threats Tagged 'cartel'

DragonForce, a ransomware group that emerged in late 2023, has become a significant cyber threat. They employ a dual-extortion strategy, encrypting and exfiltrating data, and have targeted various sectors, particularly manufacturing and construction. The group offers a flexible ransomware-as-a-service platform with advanced features, supporting multiple platforms and encryption modes. DragonForce has announced a shift to a cartel model, allowing affiliates to create their own brands. They've also introduced automated registration for new affiliates and a 'Company Data Audit' service to enhance extortion campaigns. The group has engaged in conflicts with rival ransomware operations and claims to have formed a coalition with other major groups. While their connection to DragonForce Malaysia remains unsubstantiated, technical analysis reveals similarities with other ransomware families and sophisticated attack techniques.

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DragonForce, a ransomware-as-a-service group active since 2023, has rebranded as a cartel and formed alliances with groups like Scattered Spider, LAPSUS$, and ShinyHunters. The group uses Conti-derived code and employs BYOVD attacks to terminate processes. DragonForce has expanded its affiliate program, allowing partners to white-label payloads and create variants. The group has exposed over 200 victims on its leak site, targeting various sectors. DragonForce's partnership with Scattered Spider, known for sophisticated social engineering techniques, has led to high-profile breaches. The group's ransomware samples show significant overlap with Conti's leaked source files and use ChaCha20 encryption.

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