April 9, 2024 at 08:27AM
In 2023, the CL0P ransomware gang rose to prominence as one of the most active and successful groups worldwide, known for aggressive tactics targeting large organizations. Their methods included Ransomware-as-a-Service and quadruple extortion, significantly impacting ransomware payments. SecurityHQ highlighted the need for proactive defense, threat monitoring, and industry-specific security measures against CL0P in 2024.
From the provided meeting notes, it is evident that the CL0P ransomware group has significantly risen in prominence and has been conducting aggressive and destructive cyber campaigns, particularly targeting organizations in the Finance, Manufacturing, and Healthcare industries. The ransomware gang employs a “steal, encrypt and leak” method and operates a Ransomware-as-a-Service model (RaaS), frequently capitalizing on vulnerabilities and exploits to extort large organizations.
The group has notably transitioned to quadruple extortion, adding DDoS attacks and harassment of stakeholders to increase pressure on decision-makers. They have been associated with exploiting various vulnerabilities such as Fortra GoAnywhere MFT, PaperCut, MOVEit Transfer, and MOVEit Cloud Software.
To defend against CL0P in 2024, SecurityHQ recommends the following measures:
1. Pay attention to your landscape and environment.
2. Develop and review an Incident Response Plan.
3. Ensure Threat Monitoring is in place.
4. Review current cybersecurity practices.
5. Work with a Managed Security Services Provider (MSSP), especially if you are in industries targeted by CL0P or hold sensitive data.
Additionally, SecurityHQ’s Threat Intelligence team provides actionable threat intelligence and research to navigate the intricacies of the cybersecurity threat landscape confidently.
For more information on these threats, you can contact an expert or report a security incident.
It is important for organizations, especially those in targeted industries, to stay vigilant and take proactive steps to enhance their cybersecurity posture against the rising threat of the CL0P ransomware group.