Storm-0501 hackers shift to ransomware attacks in the cloud

Storm-0501 hackers shift to ransomware attacks in the cloud

Microsoft alerts that Storm-0501 has shifted from traditional ransomware to cloud-based tactics involving data theft, encryption, and extortion using cloud-native features. The threat actor now targets cloud environments, exploiting vulnerabilities to exfiltrate data, destroy backups, and demand ransom without deploying conventional malware. #Storm-0501 #EntraID

Keypoints

  • Storm-0501 has evolved from encrypting devices to focusing on cloud-based data theft and extortion.
  • The threat actor exploits native cloud features to exfiltrate data, wipe backups, and destroy storage accounts.
  • Recent attacks involve compromising Azure and Entra ID tenants by exploiting gaps in Microsoft Defender and MFA protections.
  • Storm-0501 uses stolen credentials and cloud privileges to gain full control over cloud environments and escalate privileges.
  • The attackers employ cloud-based encryption and data destruction tactics, complicating detection and recovery efforts.

Read More: https://www.bleepingcomputer.com/news/security/storm-0501-hackers-shift-to-ransomware-attacks-in-the-cloud/