A new cybercriminal gang called Medusa is targeting businesses in Australia, the US and the Indo-Pacific.
A new cybercriminal gang called Medusa is using a range of tactics, including pretending to be a cybersecurity professional, to grow its profile as it hacks into more businesses, including in Australia.
Double extortion is a common cybercriminal gang tactic of both encrypting and stealing data, so companies cannot access their files and face the threat of hackers releasing it publicly. It is used as leverage to force businesses to pay a ransom.Katherine Mansted, director of cyber intelligence and public policy at CyberCX, said Medusa was not using a traditional hacker method of getting into companies’ systems via phishing, where links in emails open the doors for malicious software.
It also believes “with high confidence” to have found that a Telegram channel for a cybersecurity professional, “OSINT without borders”, is an attempt by Medusa to build credibility and is acting as its public relations function, reporting on breaches and republishing stolen data.
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