Socially Savvy Scattered Spider Traps Cloud Admins in Web

The dangerous ransomware group is targeting financial and insurance sectors using smishing and vishing against IT service desk administrators, cybersecurity teams, and other employees with top-level privileges.

One of the world’s most dangerous ransomware groups has been applying its hallmark savvy social engineering to targeted, sophisticated phishing attacks against financial and insurance companies, aiming to steal high-level permissions to cloud-based environments to ultimately deliver ransomware.

Scattered Spider has been using SMS and voice phishing — or smishing and vishing, respectively — attacks to target target high-privileged accounts, such as those of IT service desk administrators and cybersecurity teams. Attackers use the stolen credentials to compromise cloud-based services and ultimately gain access to victim environments for ransomware attacks, according to researchers at EclecticIQ.

“Scattered Spider frequently uses phone-based social engineering techniques … to deceive and manipulate targets, mainly targeting IT service desks and identity administrators,” EclecticIQ Threat Intelligence Analyst Arda Büyükkaya wrote in a recent analysis. “The actor often impersonates employees to gain trust and access, manipulate MFA settings, and direct victims to fake login portals...”