QuoIntelligence’s Weekly Intelligence Snapshot for the week of 29 February – 6 March 2024 is now available! Find a summary here and subscribe to our mailing list below if you want to receive regular updates from us!

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Cyber Highlights

Current Threat

Phobos Ransomware Aggressively Targeting US Critical Infrastructure

Industry impacted: Energy, Government, Industrials, Materials, Utilities

Phobos ransomware, associated with variants like Elking and Faust, exploits vulnerabilities via tools like Smokeloader and Cobalt Strike. It initiates through phishing and exploits RDP services, followed by execution, privilege escalation, and data exfiltration. Persistent and evolving, Phobos leverages diverse tactics for impact, including disabling backups and encrypting data.

Geopolitical Highlights

China’s Two sessions 2024: Realistic GDP Target, Measures To Attract Foreign Investment, and Tougher Stance On Taiwan

QuoIntelligence outlines the key elements of China’s 2024 Government Work Report presented at the opening of the Two Sessions, where China’s major political bodies discuss the goals and policy direction of the country.


Industry impacted: Energy, Industrials, Information Technology


  • 12 March – Gartner CIO Leadership Forum
  • 12 March – Gartner CIO Leadership Forum
  • 13 March – Cybersecurity: Bank, Insurance & Finance Summit 2024

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