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The new financing will help support rapid customer adoption of Mitiga’s IR2 platform, at the forefront of a new wave in cloud investigation and response capabilities.

There’s been a recent surge in cloud ransomware attacks. Examples of such attacks were observed by Sophos X-Ops, which detected the ransomware group BlackCat/ALPHV using a new Sphinx encryptor variant to encrypt Azure storage accounts by employing stolen Azure Storage account keys. The BlackCat/ALPHV ransomware group is the same entity that claimed responsibility for infiltrating MGM’s infrastructure and encrypting more than 100 ESXi hypervisors.

On September 12, 2023, the world woke up to the news ofanother significant cyber-attack, this time on MGM Resorts International, arenowned name in the hotel and casino industry. The incident affected theiroperations across various locations, including iconic Las Vegas.

Cloud environments offer tremendous advantages in agility, scalability, and cost efficiency. However, their dynamic nature also introduces new security challenges compared to traditional on-premises IT. To build true resilience for the inevitability of breaches in the cloud, organizations need to shift their mindset and priorities—starting with accepting the assumption that breaches will occur.

Mitiga's research discovered a significant new post-exploitation security concept: involving the use of Systems Manager (SSM) agent as a Remote Access Trojan (RAT) on Linux and Windows machines, controlling them using another AWS account. We shared our research with the AWS security team and included some of their feedback to this advisory.

Imagine that you’re a SOC (Security Operations Center) analyst receiving an alert about suspicious behavior from a binary on an EC2 instance. After checking the binary on VirusTotal, you find it was an AWS-developed software signed by Amazon. Further investigation reveals that it communicated only with Amazon-owned IP addresses.

The SEC now requires public companies to disclose material cybersecurity incidents within 4 days. Stay informed by reading this article.

Read our article on why Gartner’s CIRA security announcement is pivotal for incident response, driving innovation and improving cloud security strategies.

After gaining initial access to any platform, data theft (exfiltration) is one of the most common attack vectors used by threat actors.