Details emerge on BlackFile’s recent attacks on financial companies

Summary

The cybercrime group BlackFile, also tracked as UNC6671 and associated with The Com, remains active, targeting financial institutions, law firms, and medical technology organizations. The group employs voice-phishing and social engineering tactics, impersonating IT support, and has expanded its operations through four affiliate brands: Redact, Pink, Helix, and Falcon. BlackFile engages in 'big-game hunting,' with extortion demands typically starting around $3 million, though often negotiated down to under $1 million.

Full text

A cybercrime group responsible for a string of recent attacks against private equity firms, law firms and financial rating agencies remains active and continued to target new victims as of late last week, according to researchers. BlackFile, which Google Threat Intelligence Group tracks as UNC6671 and associates more broadly with The Com, has been active since the start of the year, shifting its focus from one sector to the next. “We have seen continued targeting against the financial sector with additional targeting of other organizations including in the med tech space,” Austin Larsen, principal threat analyst at GTIG, told CyberScoop. The extortion group impersonates IT support in voice-phishing and social engineering attacks, and recently split its extortion operations across four brands with shared infrastructure: Redact, Pink, Helix and Falcon. Several organizations received new extortion demands from Redact in the last week, according to Google. BlackFile and its various affiliates have impacted organizations in multiple industries, including healthcare, technology, transportation, logistics, wholesale, retail and hospitality. “BlackFile does go after some of the largest organizations in the sectors that they go for. They’re not going after small companies,” Larsen said. “This is big-game hunting.” The group’s extortion demands often start around $3 million and payments, including several in the past few weeks, have typically been negotiated down to less than $1 million, according to Google. Flashpoint researchers told CyberScoop they have observed malicious infrastructure targeting Blackstone, Bain Capital, Moody’s, CME and Apollo, but it’s unclear if any of those firms were compromised. BlackFile’s steady pace of activity underscores the persistent threat it poses, as it targets an average of 1.5 new victims daily, researchers said. Some of the group’s recent victims have been subject to threatening messages and other forms of escalation, including swatting incidents, a tactic adopted by several subsets of The Com, according to Google. The attackers use hundreds of callers, often lower-level people that are recruited for a small fee or an opportunity to earn goodwill with the group, who make the voice phishing calls to obtain initial access. Larsen estimates less than a dozen core operators run the different brands under the BlackFile umbrella. “From the intrusion data that we’re seeing, this does appear to be essentially the same group,” he said, adding that different people may be operating the various brands, but they’re all linked back to the same threat cluster using shared infrastructure. Mandiant incident responders encounter BlackFile often, having been engaged by more than two dozen organizations successfully compromised by the threat group since January. New victims in the financial sector were calling Mandiant in for help earlier this month. Voice-based phishing attacks for data theft extortion aren’t sophisticated or novel, but BlackFile and other cybercrime groups consistently prove their continued effectiveness across virtually any sector or organization. “They’re really hitting on the human weakness element here,” Larsen said. Share Facebook LinkedIn Twitter Copy Link

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