Storm-0501 Hits Enterprise With ‘Cloud-Based Ransomware’ Attack
www.darkreading.com/cloud-sec…
The march of progress continues, as a threat actor has now pulled off an
attack described as “cloud-based ransomware.”
Microsoft on Aug. 27 published research concerning Storm-0501, a ransomware
actor that has been active since 2021. To date, the group has utilized a wide
range of ransomware-as-a-service (RaaS) strains, including Embargo, Hunters
International, Hive, BlackCat/ALPHV, and LockBit, among others. Last
September, Microsoft published research detailing how the group changed its
tactics from buying credentials to leveraging weak credentials in order to
move laterally from on-premises to cloud environments.
This latest research offers a look into how Storm-0501 has further evolved its
tactics, techniques, and procedures (TTPs). More specifically, the research
describes a recent attack in which the “the threat actor achieved cloud-based
ransomware impact through cloud privilege escalation, taking advantage of
protection and visibility gaps across the compromised environment, and
pivoting from on-premises to cloud pivots.”