In a recent security advisory, Microsoft advised that the ransomware threat actor Storm-0501 has recently switched tactics, targeting hybrid cloud environments now to compromise the entire system of victimization.
It is becoming increasingly apparent that cybercriminals are finding out how difficult it is to secure hybrid cloud environments.
In the latest case, an extremely cruel group called Storm-0501 has stepped forward in an attempt to steal from the most vulnerable organizations in the US, including schools, hospitals, and law enforcement. The group is known for its cash-grab operations.
As an affiliate of different strains of ransomware as a service (RaaS), Storm-0501 has been around since 2021, as per Microsoft Threat Intelligence’s new report on it.
This ransomware operates as affiliates of a variety of RaaS strains such as BlackCat/ALPHV, LockBit, and Embargo, among others.
The Storm-0501 ransomware gang is well-known for its operations in on-premise networks, but now the group is focusing on extending its reach to cloud infrastructures as they look to compromise whole networks with their campaigns.
Since Storm-0501 was first discovered in 2021, it has been associated with the Sabbath ransomware group as an affiliate. There are several notable ransomware groups, such as Hive, BlackCat, LockBit, and Hunters International, that have been involved in these operations from time
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