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Malware Spotlight: Akira Ransomware

Arete Analysis

Cyber Threats

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Executive Summary

Since April 2023, Arete’s Incident Response (IR) team has responded to more than one hundred incidents attributed to the Akira ransomware group. Akira is a prolific threat and quickly established itself as one of the most active ransomware groups alongside ALPHV/BlackCat and LockBit in 2023. In 2024, Akira benefited from law enforcement actions that disrupted LockBit and ALPHV/BlackCat’s operations and has continued to be one of the most active threat actor groups.

This spotlight explores the ransomware group’s observed behavior, background information on the threat actor, and statistics from Incident Response engagements, along with a technical analysis of Akira’s ransomware executable. Finally, we discuss security recommendations to better defend against this evolving cyber threat and mitigate the risk of financial and reputational losses.

Incident Response Data on the Akira Ransomware Group

The information below is based on engagements involving Akira ransomware 
investigated by Arete since April 2023. Our IR, Threat Intelligence, and 
Data Analytics teams work together to analyze key data points during every 
ransomware engagement and form real-time threat actor (TA) insights.
 
- Targeted sectors include healthcare, hospitality, manufacturing, public and 
  financial services, and professional services.

- The median initial demand is $500,000.

- The median ransom payment facilitated is $150,000.

- Tools observed during investigations include SystemBC, Cobalt Strike, Rclone,
  Filezilla, WinSCP, AnyDesk, PuTTY, SoftPerfect Network Scanner (netscan), 
  Advanced IP Scanner, and Angry IP Scanner.

- Over the last six months, 43% of engagements involved data exfiltration.

- Depending on the variant, Akira encrypts and appends an .akira”, .powerranges”, 
  or .akiranew” extension to encrypted files.

- The ransom note file name is commonly “akira_readme.txt” or “powerranges.txt” and 
  includes a password-protected Tor site for negotiations and communication with 
  victims.

- The group operates a data leak site (DLS) self-proclaimed as “AKIRA” and commonly 
  threatens victims with releasing stolen data as a pressure tactic if a payment is 
  not made.

- Akira will delete Windows Shadow Volume Copies using Powershell and utilize 
  Windows’ Restart Manager to exit processes and services that could potentially 
  prevent encryption

The information below is based on engagements involving Akira ransomware 
investigated by Arete since April 2023. Our IR, Threat Intelligence, and 
Data Analytics teams work together to analyze key data points during every 
ransomware engagement and form real-time threat actor (TA) insights.
 
- Targeted sectors include healthcare, hospitality, manufacturing, public and 
  financial services, and professional services.

- The median initial demand is $500,000.

- The median ransom payment facilitated is $150,000.

- Tools observed during investigations include SystemBC, Cobalt Strike, Rclone,
  Filezilla, WinSCP, AnyDesk, PuTTY, SoftPerfect Network Scanner (netscan), 
  Advanced IP Scanner, and Angry IP Scanner.

- Over the last six months, 43% of engagements involved data exfiltration.

- Depending on the variant, Akira encrypts and appends an .akira”, .powerranges”, 
  or .akiranew” extension to encrypted files.

- The ransom note file name is commonly “akira_readme.txt” or “powerranges.txt” and 
  includes a password-protected Tor site for negotiations and communication with 
  victims.

- The group operates a data leak site (DLS) self-proclaimed as “AKIRA” and commonly 
  threatens victims with releasing stolen data as a pressure tactic if a payment is 
  not made.

- Akira will delete Windows Shadow Volume Copies using Powershell and utilize 
  Windows’ Restart Manager to exit processes and services that could potentially 
  prevent encryption

The information below is based on engagements involving Akira ransomware 
investigated by Arete since April 2023. Our IR, Threat Intelligence, and 
Data Analytics teams work together to analyze key data points during every 
ransomware engagement and form real-time threat actor (TA) insights.
 
- Targeted sectors include healthcare, hospitality, manufacturing, public and 
  financial services, and professional services.

- The median initial demand is $500,000.

- The median ransom payment facilitated is $150,000.

- Tools observed during investigations include SystemBC, Cobalt Strike, Rclone,
  Filezilla, WinSCP, AnyDesk, PuTTY, SoftPerfect Network Scanner (netscan), 
  Advanced IP Scanner, and Angry IP Scanner.

- Over the last six months, 43% of engagements involved data exfiltration.

- Depending on the variant, Akira encrypts and appends an .akira”, .powerranges”, 
  or .akiranew” extension to encrypted files.

- The ransom note file name is commonly “akira_readme.txt” or “powerranges.txt” and 
  includes a password-protected Tor site for negotiations and communication with 
  victims.

- The group operates a data leak site (DLS) self-proclaimed as “AKIRA” and commonly 
  threatens victims with releasing stolen data as a pressure tactic if a payment is 
  not made.

- Akira will delete Windows Shadow Volume Copies using Powershell and utilize 
  Windows’ Restart Manager to exit processes and services that could potentially 
  prevent encryption


Background

Akira has evolved into a notable ransomware operation and was among the top variants observed by Arete in the first half of 2024.

Source: Arete's H1 2024 Crimeware Report


Akira targets a broad range of organizations throughout North America, including Canada, and swiftly lists victims on its data leak site. Targeted sectors include healthcare, hospitality, manufacturing, public and financial services, and professional services. The group maintains Windows and Linux versions of its ransomware and uses virtual private network (VPN) appliances as an initial access vector in 50% of attacks.

Megazord, a variant of Akira, demonstrates the evolution of the group’s ransomware. Introduced around August 2023, this variant is unique due to its Rust-based code, which is a departure from the C++ code of the original Akira ransomware. The Megazord variant also includes different command line arguments and encrypts files with a “.powerranges” extension, which are differentiating attributes.


Technical Analysis

 Malware analysis of one of the Windows-based variants revealed that Akira ransomware:

  • Supports multiple command-line arguments.

  • Encrypts files on the system and mounted shares.

  • Adds the following extension to encrypted files (variant dependent): .akira (e.g., file.docx.akira).

  • Creates a ransom note with the following filename (variant dependent): akira_readme.txt.

  • References a data leak site in the ransom note that, when accessed, self-identifies the group as AKIRA.

  • Kills a list of processes and services.

  • Maintains a list of whitelisted files and directories to ensure it will not render the system unusable, preventing recovery when running a decryptor.

  • Attempts to prevent system recovery by deleting the system’s volume shadow copies.

  • Creates a log file with a name based on the date and time: Log-%d-%m-%Y-%H-%M-%S (e.g., Log-19-09-2024-09-21-20.txt).


Execution Pattern/Arguments

Akira ransomware does not need a command line argument to execute and encrypt files in the system. However, Akira supports the following command line arguments:

Command line argument
Description

-p / –encryption_path

Specify a target directory to encrypt. If not provided, the payload will encrypt the local and mounted shared drives by default.

-s / –share_file

Encrypt shared volumes/directory files.

-n / –encryption_percent

Number that represents the percentage of the file that will be encrypted.

-localonly

Encrypt only local volumes.

-e/ –exclude

Meant to exclude directories but does not seem to be fully functional.


Megazord variant:

Command line argument
Description

–path

Path to encrypt. If not provided, the payload will encrypt the local and mounted shared drives by default.

–id

Unique token to execute the ransomware.

–threads

Number of threads (1-1000).

–h (–help)

Displays help options.

-log

Logging options with multiple logs supported (info, error, debug). Not displayed by default.


Examples of how the supported arguments are used:

Akira.exe -p=C:\Users\%USERNAME%\Desktop\MyFiles

Akira.exe –encryption_percent=10

Figure 1. Code in the ransomware written to read command line arguments


Stop Services and Processes

Before file encryption, the ransomware terminates a pre-determined list of processes and services to encrypt as many files as possible. Akira ransomware contains a list of processes it will exclude during process termination, listed below:

Process names:

explorer.exe, sihost.exe, spoolsv.exe, dwm.exe, LogonUI.exe, fontdrvhost.exe, cmd.exe, csrss.exe, smss.exe, SearchUI.exe, lsass.exe, conhost.exe, System, winlogon.exe, services.exe, wininit.exe, Registry, Memory Compression, System Idle Process, Secure System


File and Directory Exclusions

The ransomware excludes system-related files and folders, ransomware-related files, and whitelisted extensions during encryption.

Excluded file extensions:

.exe, .dll, .sys, .msi, .lnk, .akira, akira_readme.txt

Excluded directories:

tmp, temp, winnt, $Recycle.Bin, thumb, System Volume Information, $RECYCLE.BIN, Windows, ProgramData, Trend Micro, ProgramData, Boot


Inhibit System Recovery

Windows operating systems contain features that can help fix corrupted system files, including shadow copies, which are backups of files created by the Volume Shadow Copy Service (VSS). By deleting shadow copies, the ransomware can prevent victims from restoring files from backups, making it more difficult for them to recover their data without paying the ransom.

The ransomware deletes volume shadow copies before file encryption by starting the following Powershell process and executing the command:

powershell.exe -Command “Get-WmiObject Win32_Shadowcopy | Remove-WmiObject”


Network Share Discovery

Akira ransomware can enumerate network-mounted shares by scanning the network interfaces. If any are found, it will attempt to encrypt them, as shown below.

Figure 2. Share drive encrypted


Data Encrypted for Impact

The ransomware initially finds available drives and then loads the files one by one using the Windows API FindFirstFileW and FindNextFileW. The ransomware generates random AES keys to encrypt the files, and after encrypting them, the keys are encrypted using a public RSA key. The resulting key is again encrypted and placed at the end of the file.

Figure 3. Data encryption code

Figure 4. Extension added to the encrypted files

Figure 5. Encrypted files

During execution, the ransomware creates a log file in the working directory where the file is executed from. The log file is named based on the date and time of execution using the following string format: Log-%d-%m-%Y-%H-%M-%S. For example, during execution, the following log file with the name was created: Log-19-09-2024-09-21-20.txt.

Figure 6. Log file created by Akira

Figure 7. Portion of the log file

Figure 8. Log file name string format in the code


Upon successful execution, the ransomware creates ransom notes with the file name akira_readme.txt. The Megazord variant creates ransom notes with the same content, but the file name is powerranges.txt.

Figure 9. Akira ransom note


Ransom note content:

Hi friends,
 
Whatever who you are and what your title is if you’re reading this it means the internal infrastructure of your company is fully or partially dead, all your backups – virtual, physical – everything that we managed to reach – are completely removed. Moreover, we have taken a great amount of your corporate data prior to encryption.
 
Well, for now let’s keep all the tears and resentment to ourselves and try to build a constructive dialogue. We’re fully aware of what damage we caused by locking your internal sources. At the moment, you have to know:
 

  1. Dealing with us you will save A LOT due to we are not interested in ruining your financially. We will study in depth your finance, bank & income statements, your savings, investments etc. and present our reasonable demand to you. If you have an active cyber insurance, let us know and we will guide you how to properly use it. Also, dragging out the negotiation process will lead to failing of a deal.

  2. Paying us you save your TIME, MONEY, EFFORTS and be back on track within 24 hours approximately. Our decryptor works properly on any files or systems, so you will be able to check it by requesting a test decryption service from the beginning of our conversation. If you decide to recover on your own, keep in mind that you can permanently lose access to some files or accidently corrupt them – in this case we won’t be able to help.

  3. The security report or the exclusive first-hand information that you will receive upon reaching an agreement is of a great value, since NO full audit of your network will show you the vulnerabilities that we’ve managed to detect and used in order to get into, identify backup solutions and upload your data.

  4. As for your data, if we fail to agree, we will try to sell personal information/trade secrets/databases/source codes – generally speaking, everything that has a value on the darkmarket – to multiple threat actors at ones. Then all of this will be published in our blog – https://akiraI2iz6a7qgd3ayp3I6yub7xx2uep76idk3u2kolIpj5z3z636bad[.]onion

  5. We’re more than negotiable and will definitely find the way to settle this quickly and reach an agreement which will satisfy both of us.

 
If you’re indeed interested in our assistance and the services we provide you can reach out to us following simple instructions:
 

  1. Install TOR Browser to get access to our chat room – https://www.torproject.org/download/.

  2. Paste this link – <ONION_LINK>

  3. Use this code – <UNIQUE_CODE> – to log into our chat.

 
Keep in mind that the faster you will get in touch, the less damage we cause.


Modify Registry

The Windows registry is a database that stores configuration settings and values for the Windows operating system. It manages user preferences, installed software, system configurations, and more. Malware abuses the Windows registry to maintain persistence, hide its presence, disable security settings, and launch malicious scripts. Akira did not perform any registry key modification.


Mutex

The mutex is the fundamental tool for managing shared resources between multiple threads or processes. Typically, ransomware uses a mutex to avoid reinfecting the victim system and causing multiple layers of encryption. The ransomware did not create a mutex during execution.


Network Activity

The ransomware did not try to communicate with a remote server other than encrypting data from mounted shares.


Indicators of Compromise

Indicator
Type
Context

9f873c29a38dd265decb6517a2a1f3b5d4f90ccd42e-b61039086ea0b5e74827e

SHA256 hash

Akira ransomware

2b00a02196b87445633cabde506b4387979504cf60955f0b-40cf2e4da4f0fd23

SHA256 hash

Akira ransomware

237d3c744fd5fc5d7e7a55e4385dff51045a1c6d8ee-7346a270a688ab3791d49

SHA256 hash

Akira ransomware

akira_readme.txt, powerranges.txt

File name

Akiraransom notes

.akira, .powerranges, .akiranew

Extension

Encrypted files extension

powershell.exe -Command “Get-WmiObject Win32_Shadowcopy | Remove-WmiObject”

Process

Volume Shadow Copy deletion

Log-19-09-2024-09-21-20.txt

File name

Example log file name created by Akira

https://akirai2iz6a7qgd3ayp3l6yub7xx2uep76idk3u2kolIpj5z3z636bad[.]onion

URL

TA data leak site (DLS)


Data Leak Site

The ransom note contains a data leak site (DLS) that, when accessed, displayed the following page, self-identifying the group as Akira:

Figure 10. Tor DLS


Tor Chat Site

The ransom note contains a Tor chat site and a unique code used to log into the chat. The Tor chat site displayed the following page:

Figure 11. Tor chat site


Detection Mechanisms

Custom Detections and Blocking with Arete Bloktd℠

SentinelOne S1QL 1.0 query syntax (STAR rule):
Volume Shadow Copy Deletion




Akira Ransomware

EndpointOS = "windows" AND ((ObjectType = "process" AND CmdLine In Contains Anycase (
".\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", ":\programdata\lck.exe", 
":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe")) 
OR (ObjectType = "file" AND (EventType In ("File Creation", "File Scan") AND 
(TgtFilePath In Contains Anycase (":\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", 
":\programdata\lck.exe", ":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe", 
":\akira_readme.txt", ":\powerranges.txt", "akiranew.txt") OR TgtFilePath RegExp 
"\\Log-[0-9]{2}-[0-9]{2}-20[0-9]{2}-[0-9]{2}-[0-9]{2}\.

EndpointOS = "windows" AND ((ObjectType = "process" AND CmdLine In Contains Anycase (
".\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", ":\programdata\lck.exe", 
":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe")) 
OR (ObjectType = "file" AND (EventType In ("File Creation", "File Scan") AND 
(TgtFilePath In Contains Anycase (":\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", 
":\programdata\lck.exe", ":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe", 
":\akira_readme.txt", ":\powerranges.txt", "akiranew.txt") OR TgtFilePath RegExp 
"\\Log-[0-9]{2}-[0-9]{2}-20[0-9]{2}-[0-9]{2}-[0-9]{2}\.

EndpointOS = "windows" AND ((ObjectType = "process" AND CmdLine In Contains Anycase (
".\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", ":\programdata\lck.exe", 
":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe")) 
OR (ObjectType = "file" AND (EventType In ("File Creation", "File Scan") AND 
(TgtFilePath In Contains Anycase (":\ProgramData\w.exe", ":\w.exe", ":\ProgramData\win.exe", 
":\programdata\lck.exe", ":\ProgramData\dllhost32.exe", ":\ProgramData\hpupdate.exe", 
":\akira_readme.txt", ":\powerranges.txt", "akiranew.txt") OR TgtFilePath RegExp 
"\\Log-[0-9]{2}-[0-9]{2}-20[0-9]{2}-[0-9]{2}-[0-9]{2}\.

Note: These threat hunting queries may need to be tuned for your specific network environment.


Yara

rule Akira_ransomware_executable
{
    meta:
        author = "areteir.com"
        description = "Detects the Akira ransomware executable"
        target = "Windows systems"
        file_type = "exe"
        copyright = "Copyright © 2024 by Arete Advisors, LLC."
        distribution = "No re-distribution without Arete Advisors, LLC consent."

    strings:
        $ns1 = "Shadowcopy" ascii wide nocase
        $ns2 = "Remove-WmiObject" ascii wide nocase
        $ns3 = "write_encrypt_info" ascii wide nocase
        $ns4 = "Log-%d-%m-%Y-%H-%M-%S" ascii wide nocase
        $as1 = "--encryption_path" ascii wide nocase
        $as2 = "--share_file" ascii wide nocase
        $as3 = "--encryption_percent" ascii wide nocase
        $as4 = "-localonly" ascii wide nocase
        $ms1 = "megazord\\src\\main.rs" ascii wide nocase
        $ms2 = "megazord::windowsmegazord\\src\\windows.rs" ascii wide nocase
        $ms3 = "megazord::path_findermegazord\\src\\path_finder.rs" ascii wide nocase
        $ms4 = "megazord\\src\\lock.rs" ascii wide nocase
        $pdb1 = ":\\rust\\megazord" ascii wide nocase
        $pdb2 = "\\release\\deps\\megazord.pdb" ascii wide nocase
        $dls = "akiral2iz6a7qgd3ayp3l6yub7xx2uep76idk3u2kollpj5z3z636bad" ascii wide nocase

condition:
((uint16(0) == 0x5A4D) and (uint32(uint32(0x3C)) == 0x00004550)) and
( ( (2 of ($ns*)) and (3 of ($as*)) ) or ( all of ($ms*) ) or ( all of ($pdb*) ) or ($dls) )
}

rule Akira_ransomware_executable
{
    meta:
        author = "areteir.com"
        description = "Detects the Akira ransomware executable"
        target = "Windows systems"
        file_type = "exe"
        copyright = "Copyright © 2024 by Arete Advisors, LLC."
        distribution = "No re-distribution without Arete Advisors, LLC consent."

    strings:
        $ns1 = "Shadowcopy" ascii wide nocase
        $ns2 = "Remove-WmiObject" ascii wide nocase
        $ns3 = "write_encrypt_info" ascii wide nocase
        $ns4 = "Log-%d-%m-%Y-%H-%M-%S" ascii wide nocase
        $as1 = "--encryption_path" ascii wide nocase
        $as2 = "--share_file" ascii wide nocase
        $as3 = "--encryption_percent" ascii wide nocase
        $as4 = "-localonly" ascii wide nocase
        $ms1 = "megazord\\src\\main.rs" ascii wide nocase
        $ms2 = "megazord::windowsmegazord\\src\\windows.rs" ascii wide nocase
        $ms3 = "megazord::path_findermegazord\\src\\path_finder.rs" ascii wide nocase
        $ms4 = "megazord\\src\\lock.rs" ascii wide nocase
        $pdb1 = ":\\rust\\megazord" ascii wide nocase
        $pdb2 = "\\release\\deps\\megazord.pdb" ascii wide nocase
        $dls = "akiral2iz6a7qgd3ayp3l6yub7xx2uep76idk3u2kollpj5z3z636bad" ascii wide nocase

condition:
((uint16(0) == 0x5A4D) and (uint32(uint32(0x3C)) == 0x00004550)) and
( ( (2 of ($ns*)) and (3 of ($as*)) ) or ( all of ($ms*) ) or ( all of ($pdb*) ) or ($dls) )
}

rule Akira_ransomware_executable
{
    meta:
        author = "areteir.com"
        description = "Detects the Akira ransomware executable"
        target = "Windows systems"
        file_type = "exe"
        copyright = "Copyright © 2024 by Arete Advisors, LLC."
        distribution = "No re-distribution without Arete Advisors, LLC consent."

    strings:
        $ns1 = "Shadowcopy" ascii wide nocase
        $ns2 = "Remove-WmiObject" ascii wide nocase
        $ns3 = "write_encrypt_info" ascii wide nocase
        $ns4 = "Log-%d-%m-%Y-%H-%M-%S" ascii wide nocase
        $as1 = "--encryption_path" ascii wide nocase
        $as2 = "--share_file" ascii wide nocase
        $as3 = "--encryption_percent" ascii wide nocase
        $as4 = "-localonly" ascii wide nocase
        $ms1 = "megazord\\src\\main.rs" ascii wide nocase
        $ms2 = "megazord::windowsmegazord\\src\\windows.rs" ascii wide nocase
        $ms3 = "megazord::path_findermegazord\\src\\path_finder.rs" ascii wide nocase
        $ms4 = "megazord\\src\\lock.rs" ascii wide nocase
        $pdb1 = ":\\rust\\megazord" ascii wide nocase
        $pdb2 = "\\release\\deps\\megazord.pdb" ascii wide nocase
        $dls = "akiral2iz6a7qgd3ayp3l6yub7xx2uep76idk3u2kollpj5z3z636bad" ascii wide nocase

condition:
((uint16(0) == 0x5A4D) and (uint32(uint32(0x3C)) == 0x00004550)) and
( ( (2 of ($ns*)) and (3 of ($as*)) ) or ( all of ($ms*) ) or ( all of ($pdb*) ) or ($dls) )
}


Recommended Mitigations

  • Utilize an endpoint detection and response (EDR) solution with the capability to halt detected processes and isolate systems on the network based on identified conditions.

  • Block any known attacker C2s in the firewall.

  • Implement multi-factor authentication on RDP and VPN to restrict access to critical network resources.

  • Eliminate unnecessary RDP ports exposed to the internet.

  • Block a high number of SMB connection attempts from one system to others in the network over a short period of time.

  • Perform periodic dark web monitoring to verify if data is available for sale on the black market.

  • Perform penetration tests.

  • Periodically patch systems and update tools.

  • Monitor connections to the network from suspicious locations.

  • Monitor downloads and uploads of files to file-sharing services outside standard work hours.

  • Monitor file uploads from domain controllers to the internet.

  • Monitor network scans from uncommon servers (e.g., RDP server).

Organizations can find the full list of US government-recommended ransomware prevention and mitigation
guidance here: https://www.cisa.gov/stopransomware/ransomware-guide.

Arete provides data-driven cybersecurity solutions to transform your response to emerging cyber threats.
Click here to learn more.


References

 

At Arete, we envision a world without cyber extortion, where people, businesses, and governments can thrive. We are taking all that we know from over 9,000 engagements to inform our solutions and strengthen powerful tools to better prevent, detect, and respond to the cyber extortion threats of tomorrow. Our elite team of experts provides unparalleled capabilities to address the entire cyber threat lifecycle, from incident response and restoration to advisory and managed security services. To learn more about our solutions, visit www.areteir.com.

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Top 9 Security Controls for SMBs

In today’s complex cyber threat landscape, small and medium-sized businesses (SMBs) should implement a layered, multi-pronged approach to security. Here are some proven, effective controls to consider:

1.        Implement MFA for All Users
Multi-factor authentication (MFA) is an effective and accessible way to protect sensitive data, comply with regulatory standards, and prevent unauthorized access to critical systems. By ensuring that users not only use a password but also a secure token, an organization can significantly reduce phishing attempts, credential stuffing attacks, and ransomware incidents. MFA should be enabled for email, VPN, and critical system access.

2.        Update Patch Management Programs
A modern patching program should include policies and mechanisms to manage software updates in a timely manner. Patching efforts should address not just operating system updates, but also commonly utilized software within the environment. An active patching plan aims to reduce the mean time to patch and provide metrics on existing patch efforts. In the event of a high-severity vulnerability, a mature patching program should also be able to identify the risks and exposure for a given set of systems based on the average time to patch. This helps stakeholders make informed decisions when a new exploit is released.

3.        Leverage a Properly Managed Endpoint Detection and Response (EDR) Tool
With real-time threat detection and advanced visibility, endpoint detection and response (EDR) solutions can enhance an organization’s ability to detect and investigate potential malicious activity, including ransomware, lateral movement, fileless attacks, and more. Effective management of EDR should include proper configuration, regular agent updates, and established procedures for responding to alerts.

4.        Enhance EDR with Frontline Incident Intelligence
While EDR solutions are an important component of a security program, threat actors are continually adapting their techniques to evade detection, and as a result, standard detection methods may not always identify emerging threats or novel attack behaviors. To strengthen protection, organizations can supplement EDR tools with custom detection rules informed by incident response data. These rules can help identify indicators of compromise observed during cyber incidents, providing an additional layer of visibility beyond traditional detections.

Arete Bloktd℠ illustrates this approach by transforming threat intelligence and malware analysis into curated detection rules for EDR tools. Applying frontline intelligence to security tools can result in earlier detection, less investigative burden, and a more confident response. 

5.        Create and Continuously Test an Incident Response (IR) Plan
An incident response plan can help an organization effectively identify, respond to, and recover from a cybersecurity incident while minimizing disruption and downtime. An IR plan defines clear roles, escalation paths, communication strategies, and decision frameworks for both internal and external teams. To be effective, these plans should be regularly tested with post-incident reviews or tabletop exercises involving key stakeholders.

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In the case of a cyberattack, backups can help organizations maintain business continuity, support ransom negotiations with threat actors, and contribute to a timely and successful recovery. Encrypting backups makes it more difficult for threat actors to access or alter them, and regular testing ensures they remain accessible during a security incident.

7.        Conduct Employee Security Awareness Training
Human error is a leading cause of cybersecurity incidents, and an organization’s employees are its first line of defense against cyber threats. Security awareness training reinforces the importance of data confidentiality, supports regulatory compliance, and helps employees recognize and understand red flags such as suspicious emails, malicious links, and social engineering attempts.

8.        Assess and Address Existing Risk and Vulnerabilities
To maintain a proactive approach to risk management and improve resilience, organizations should regularly assess existing vulnerabilities through expert-led Vulnerability Assessments, Penetration Testing, and Threat Hunting Assessments. These exercises can help identify security gaps, support regulatory compliance, and prevent potential incidents. During remediation, prioritize high-impact vulnerabilities and make a plan for periodic assessments.

9.        Apply Least-Privilege Access Controls
Employees should have access only to the systems, applications, and data necessary to perform their jobs. By removing unnecessary administrative privileges and regularly reviewing user permissions, organizations can reduce the risk of unauthorized access and limit the damage caused by compromised accounts or insider threats.

Organizations should regularly review their cybersecurity programs, stay informed about emerging threats, and evaluate whether their security controls are adapting to the evolving threat landscape.

Article

Ransomware Trends & Data Insights: August 2026

Although INC Ransom was the most active ransomware threat group observed in August 2026, overall activity remained relatively distributed across the threat landscape, with approximately 30 unique ransomware and extortion groups, including both established and newly emerged actors, observed during the month. Alongside INC Ransom, Storm, DragonForce, Qilin, and The Gentlemen were among the top five most active threat groups, underscoring the continued diversity and competitiveness of the ransomware ecosystem.

Figure 1. Activity from the top 5 threat groups in August 2026 

Throughout the month, analysts at Arete identified several trends behind the threat actors perpetrating cybercrime activities: 

  • August 2026 was a significant month for the emergence of new threat actors, with Arete identifying several previously untracked ransomware groups, including Storm, Dark Project, DireWolf, Morpheus, Orova, Spirals, Wallstreet Team, and Zawoo Team. This trend underscores the ongoing evolution of the threat landscape and the low barriers to entry for new cybercriminal operations. 

  • Arete observed a continued use of AI-enabled capabilities across the ransomware ecosystem during August. Similar to Fulcrumsec and Setra, the newly emerged Zawoo Team appears to leverage AI-assisted analysis of stolen data, publishing highly structured and detailed victim assessments on its data leak site (DLS). Additionally, both the Aurora and Storm ransomware groups have been observed utilizing AI-driven or AI-assisted chat representatives during victim communications. These developments suggest that threat actors are increasingly incorporating AI to enhance data analysis, automate victim engagement, and improve the effectiveness and scalability of extortion operations. 

  • In August, Arete also observed that despite sustained law enforcement disruption efforts, LockBit continues to demonstrate operational resilience, likely through the expansion of its affiliate ecosystem and the evolution of its tactics. Recent activity indicates an increased reliance on data theft and exfiltration-only operations, with observed victimology suggesting a notable focus on organizations within the financial sector. 

Sources

  • Arete Internal

Report

Arete's H1 2026 Crimeware Report

Explore intelligence and operational data from the frontlines of ransomware and extortion response as we detail the most significant trends and developments in the cyber threat landscape in the first half (H1) of 2026.

Article

WinRAR Path-Traversal Vulnerability Exploited in Ransomware Attacks

CISA has warned that CVE-2025-8088, a path-traversal vulnerability in WinRAR, is being exploited in ransomware attacks. The vulnerability allows attackers to use specially crafted archive files to place malicious executables in locations such as the Windows Startup folder, enabling code execution when the system restarts. WinRAR addressed this vulnerability in version 7.13, but exploitation has continued due to challenges in updating the software. CISA's updated KEV entry now specifically identifies the vulnerability as being used in ransomware attacks. 

What’s Notable and Unique

  • The vulnerability was initially exploited as a zero-day by the Russia-linked RomCom group, enabling malware execution at user logon and supporting credential theft, cyberespionage, and ransomware-related activities.

  • CVE-2025-8088 continues to be actively exploited by both government-backed and financially motivated threat actors. Observed campaigns have been attributed to Russian- and Chinese-linked groups targeting several organizations.

  • Phishing campaigns leveraging weaponized RAR attachments exploited CVE-2025-8088 to silently place malicious payloads in autorun locations using directory traversal and Alternate Data Streams (ADS). 

  • The widespread exploitation of CVE-2025-8088 highlights strong demand for effective WinRAR exploits, with multiple underground vendors previously supplying exploit capabilities to a diverse range of threat actors. One such vendor, zeroplayer, advertised a WinRAR exploit in July 2025. 

Analyst Comments

Organizations should immediately upgrade WinRAR to version 7.13 or later and conduct an enterprise-wide inventory to identify unmanaged installations. Given that WinRAR lacks automatic updates, Group Policy support, and integration with common enterprise patch management platforms, manual verification and remediation may be required to ensure all vulnerable instances are addressed. Security teams should also enhance defenses against archive-based phishing attacks by blocking or scrutinizing unsolicited compressed files, monitoring for suspicious file creation in Windows Startup directories, and detecting abuse of ADS. With CISA now linking CVE-2025-8088 to ransomware activity, organizations should treat remediation as a high priority and actively monitor for indicators of WinRAR-based exploitation across their environments.

Sources

  • CISA Adds Three Known Exploited Vulnerabilities to Catalog

  • WinRAR vulnerability being exploited in ransomware attacks, CISA warns