Weekly Intelligence Snapshot – Week 23, 2023

Creators of the Ransomware-as-a-Service dubbed NoEscape are actively recruiting affiliates to spread this wide-functionality RaaS which allows for defense evasion.

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Cyber Highlights

Current threat

NoEscape Ransomware Emerges As A New RaaS Offering

Cyble Research & Intelligence Labs recently uncovered a new Ransomware-as-a-Service (RaaS) initiative, NoEscape, that emerged in May 2023. They discovered the ransomware creators actively recruiting affiliates on cybercrime forums. The malware has wide functionality allowing for defense evasion, and versions for Windows, Linux, and VMware ESXi.

Rollups

Industries impacted: Financials, Government

  • A New Cyber Espionage Campaign Dubbed Operation Triangulation Targeted iOS Devices With Previously Unknown Malware
  • XEGroup: Operations and Threat Actor Unmasked
  • Surge in TrueBot Activity as New Initial Access Vectors are Discovered
  • Spanish Bank Globalcaja Confirms Ransomware Attack
  • Microsoft Attributes Clop Ransomware Group to MOVEit Data-Theft Campaign
  • Verizon Report Highlights Stolen Credentials and Phishing as Most Common Initial Vector in Data Breaches

Geo Highlights

US-China Tensions Set to Continue as Military Encounters in Taiwan Strait Increase

Industry impacted: Government

Close encounters between the US and Chinese militaries have increased recently in the Taiwan Strait. While US government stressed relationship with Chinas has recently improved, the rising risk of dangerous military miscalculations could result in worsening diplomatic relations between countries.

Rollups

Industries impacted: Communication Services, Energy, Financials, Industrials

  • Canada Facing Rising Threat from Cyberattacks on Critical Infrastructure
  • EU Considers Mandatory Ban on High-Risk Vendors to Build 5G, Including Huawei
  • EU Boosts Law Enforcement’s Access to Financial Information in Fight Against Crime
  • US Initiates Lawsuit Against Crypto Exchanges Coinbase and Binance

Community Area

Outlook

  • 16 JunePlanet Cyber Sec Conference

Upcoming Webinars

Latest Reports

(Sent to PREMIUM Customers only)

  • 26 May – Intel Assessment: AI: Risks and Challenges in Cyberspace and the Geopolitical Landscape 
    An in-depth evaluation of the reality of the threats the use of generative AI tools by threat actors pose. It also seeks to identify privacy and regulatory risks for businesses using such tools.
  • 22 May – Intel Assessment: DACH Threat Landscape Q1
    An overview of the threat landscape relevant to the DACH countries – Germany, Austria, and Switzerland – in Q1 2023 and an assessment regarding further developments.
  • 18 May – Intel Brief: Use of exploitation frameworks alternative to cobalt strike by threat actors
    We analyze why advancements in Cobalt Strike Beacon detection have made it harder for criminal and state-affiliated threat actors to use Cobalt Strike successfully.

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Weekly Intelligence Snapshot – Week 23, 2023

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