Hackers For Hire Are Posing a New Threat to Organizations

The market for Ransomware-as-a-Service (RaaS) is growing as cybercriminals are finding more success in outsourcing parts of their attacks. A new strain of malware, CostaRicto, was recently discovered by researchers as part of a hackers-for-hire scheme. CostaRicto has been identified in several countries and is very concentrated in South Asia where it has greatly impacted the financial and entertainment sectors. What makes this malware so harmful is that once activated, it creates a SSH tunnel in the network, which allows for several different commands to occur. Researchers are still trying to confirm all of the identities behind the malware and have already connected a Russian hacking group, APT28, to the scheme.
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Written by Gillian Sweny

Gillian is Director of Marketing at AgileBlue with over 10 years of experience in the marketing industry. Gillian resides in Cleveland, OH with her husband and 2-year-old son.

November 20, 2020

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