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Radware cyber security alert - Global ransom DDoS campaign targeting finance, travel and e-commerce

Announcement posted by PR Deadlines 03 Sep 2020

Radware is following a global ransom DDoS campaign targeting organisations in the finance, travel and e-commerce verticals. Additionally multiple internet service providers have been reporting DDoS attacks targeting their DNS infrastructure.

Global ransom DDoS campaigns

Since mid- August, Radware has  been  tracking several extortion requests from threat actors posing as ‘Fancy Bear’, ‘Armada Collective’, and ‘Lazarus Group.’

Letters are being delivered  via email and typically contain victim-specific data such as  Autonomous  System Numbers  (ASN) or IP addresses of servers or services they will target if their demands are not fulfilled. It is a global campaign with threats reported from organisations in finance, travel and e-commerce in APAC, EMEA and North America.

The  ransom fee is initially set at 10 BTC, which is equivalent  to $113,000 at the time of the extortion. Some fees are set as high as 20 BTC (approximately $226,000). These demands are larger versus 2019 campaigns that typically requested between  1 BTC or 2 BTC.

Ransom letters threaten cyber attacks of over 2Tbps if payment  is not made. To prove the letter is not a hoax,  authors indicate when they will launch a demonstration  attack.

The  letter indicates that if payment is not made prior to the deadline, the attack will continue and the fee will increase by 10 BTC  (approximately $113,000) for each missed deadline. Each letter contains a Bitcoin wallet address for payment. The  wallet address is unique for each  target and allows  the actor to track payments.

The  ransom letters are very similar in their terms and demands. Threats and advertised capabilities follow the same indicators  from earlier reports.

Follow up and follow through

Radware has  evidence of malicious  actors following up on their initial demand. In follow up messages, threat actors underscore that the unique Bitcoin address from the initial letter is still empty and reiterate the seriousness of the threat. They  also  provide keywords and organisation names so the target organisation can search for recent DDoS disruptions, followed by the rhetorical question  "You don't want to be like them, do you?"

The  threat actors state they prefer payment over attack and allow the target to reconsider paying. The threat actor will often extend the deadline  by one day.

In many cases the ransom threat Is followed by cyber attacks ranging from 50Gbps to 200Gbps. The  attack vectors  include UDP and UDP-Frag floods, some leveraging WS-Discovery amplification, combined  with TCP SYN, TCP out-of-state, and ICMP  Floods. 

Radware advises

Ransom letters with comparable indicators should be taken seriously. The letters are often followed by DDoS attacks. These attacks are not at a level of complexity/amplitude that prevent mitigation if the right protection is in place. Radware has seen faster and better mitigation by leveraging hybrid always-on protection compared to asymmetric routed cloud protections.

Radware advises against paying the ransom demand as there is no guarantee the malicious actors will honour the terms and it ‘identifies’ the target organisation as  one that is willing to pay under threat. Paying the ransom funds the malicious operation and allows the bad actors to improve their capabilities and motivates  them to continue their campaign.

Internet service provider attacks

Since the last week  of August, Radware has been tracking several internet service providers (ISPs) in Europe that have reported disturbances caused by DDoS attacks. The attacks are primarily targeting the DNS infrastructure of the providers and disrupt customers that use  the provider's  DNS servers to resolve internet hostnames. Several providers  were impacted  and some have  suffered  multiday disturbances across their customer  base.

Currently,  Radware has no immediate link between the ISP attacks and the ransom  campaign. There are some ransom letters that indicate that the demonstration  attack will target DNS infrastructure, but that is the extent of similarities. There have been no reports of ransom letters to ISP targets, only from finance, travel and e-commerce.

Effective DDoS protection essentials

#  Hybrid DDoS Protection - On-premise and cloud DDoS protection for real-time DDoS attack prevention that also addresses high volume attacks and protects from pipe saturation.

#  Behavioural-based detection - quickly and accurately identify and block anomalies while allowing legitimate traffic through.

#  Real-time signature creation - promptly protect from unknown  threats and zero-day attacks

#  A cyber security emergency response plan - a dedicated emergency team of experts  who have experience with Internet of Things security and handling  IoT outbreaks

#  Intelligence on Active Threat Actors – high fidelity, correlated  and analysed date for pre-emptive protection against currently active known attackers

For further network and application protection measures, Radware urges  companies to inspect and patch their network in order to defend  against  risks and threats.

Effective web application security essentials

#  Full OWASP Top-10 coverage against  defacements, injections,  etc. 

#  Low false positive rate  – using negative  and positive security models  for maximum accuracy

#  Auto policy generation capabilities for the widest coverage with the lowest operational  effort

#  Bot protection and  device fingerprinting capabilities to overcome dynamic  IP attacks and achieving improved  bot detection and blocking

#  Securing APIs by filtering paths,  understanding XML and JSON schemas for enforcement, and activity tracking mechanisms to trace bots and guard  internal resources

#  Flexible deployment options - on-premise, out-of-path, virtual or cloud-based

Learn more at DDoS warriors

To know more about today’s attack vector landscape, understand the business impact of cyber-attacks or learn more about emerging attack types and tools visit DDoSWarriors.com.  Created by Radware’s Emergency Response Team (ERT), it is the ultimate resource for everything  security professionals need to know about DDoS attacks and cyber security.