Orion Ransomware is a newly identified ransomware operation that emerged in early 2024, focusing on small-to-mid-sized enterprises (SMEs) with limited security resources. The group employs high-speed encryption techniques and masquerades as 'security consultants' while employing a double extortion strategy by stealing and threatening to leak victim data.
Key insights
•Targets primarily small-to-mid-sized enterprises (SMEs) that lack dedicated 24/7 SOCs.
•Utilizes high-speed encryption techniques, leveraging a variant based on LockBit 3.0.
•Employs a double extortion tactic by both encrypting files and exfiltrating victim data.
•Gains initial access through common vectors like phishing emails and compromised RDP access.
•Attacks disable antivirus tools and delete system snapshots to hinder recovery efforts.
•Promotes an affiliate program focused on high-profit potential for affiliates.
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