Description: The banking malware Carbanak has reemerged with new ransomware tactics. Cybersecurity firm NCC Group has noted its adaptation to incorporate attack vectors and techniques to diversify its effectiveness. The malware is being distributed via compromised websites which impersonate business-related software such as HubSpot, Veeam, and Xero.

Context: Carbanak, first detected in 2014, is known for its data exfiltration and remote control features. It initially started as a banking malware and has been used by the FIN7 cybercrime syndicate. The resurgence of Carbanak comes amid a rising trend of ransomware attacks, with 442 reported cases in November 2023, up from 341 in October the same year.

Importance: The reemergence of Carbanak with new ransomware tactics presents an increasing threat to industries and businesses. It indicates an evolving cybercrime landscape where malware is continually adapting to increase its effectiveness. The industrials, consumer cyclicals, and healthcare sectors are highly targeted, and North America, Europe, and Asia are the most affected regions.

Key Points: Carbanak has returned using new distribution chains and is spread through compromised websites. It now impersonates various business-related software. Ransomware attacks have surged, with 442 attacks reported in November 2023. The top targeted sectors are industrials, consumer cyclicals, and healthcare.

Urgency: The situation is urgent considering the rising trend of ransomware attacks and the resurgence of the Carbanak malware with updated tactics. This poses serious threats to organizations and businesses globally, particularly in North America, Europe, and Asia.

Recommended Actions: Organizations should ensure their cybersecurity measures are robust and up-to-date to counter these evolving threats. Regular system checks and employee training on cybersecurity best practices can also help prevent such attacks. Awareness about this specific threat should be spread so that businesses can take steps to protect themselves.

Distribution: This report should be distributed to all IT and cybersecurity departments in organizations, especially those in the most targeted sectors and regions. It should also be shared with top management and decision-makers to inform strategic cybersecurity planning.