Ransomware’s Evolution – Skyhigh Security Intelligence Digest

June 30, 2023

By Rodman Ramezanian - Global Cloud Threat Lead, Skyhigh Security

A recent advisory jointly released by the Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency (CISA), and Australian Cyber Security Centre (ACSC) details the heightened threats posed by the BianLian ransomware and extortion group. With the cybercriminal group active since June 2022, it appears that the more conventional encryption of victim files for ransomware payouts has now been shifted to exfiltration of compromised data for blackmail and extortion purposes.

Today, ransomware as its own threat vector wouldn’t exactly be considered “novel.” Where there’s data, there’s an opening for threat actors to hold this sensitive information hostage and demand payment for its release. What can be done?

Learn more about the attacks and solutions in Skyhigh Security’s latest Intelligence Digest.