The notorious FIN7 hacking group is shifting its focus to join the highly profitable ransomware community. FIN7 has been linked to cyberattacks and money-stealing campaigns dating back to 2015. The group has now created a fake cybersecurity company to conduct network attacks under the guise of pentesting to assist with their ransomware campaigns. The fake company was discovered by Gemini Advisory, who discovered the website for the fraudulent company, Bastion Secure Ltd., was comprised of stolen content from other websites. FIN7 was offering between $800 and $1,200 per month to recruit C++, PHP, and Python programmers, Windows system administrators, and reverse engineering specialists. It is believed the group was looking to hire IT specialists as cheap labor and to avoid using ransomware affiliates as other ransomware groups traditionally do.
Written by: Nataliia Zdrok, Threat Intelligence Analyst at Binary Defense Russia’s invasion of Ukraine increased