Article
Sodinokibi Labels Keys with “Black Lives Matter”
Arete Analysis

Overview
Since January 2020, the Arete IR practice has responded to forty-one (41) Sodinokibi engagements. The industry has seen two big changes with Sodinokibi/REvil from their shift to exfiltrating data as of January 2020, and more, recently with their move to only accepting payments in Monero cryptocurrency (XMR). Recently our IR practice responded to a Sodinokibi/REvil engagement where we dug into the ransomware itself and this article is meant to provide information on the ransomware behavior observed during the engagement. Our intention is to summarize some of the high-level information on Sodinokibi/ REvil for general awareness, as well as provide a technical overview with behavioral indicators back to the community to help network defenders become more familiar with this threat.
Statistical Data from Arete’s Metrics
The information listed below is based on forty-one (41) Sodinokibi cases since Jan 2020. Our IR and Data Analytics practices work hand-in-hand to track key data points for every ransomware engagement. The IR practice tracks data points on the ransomware variant and collects statistics based on handled engagements:
Arete has responded to 64 Sodinokibi/REvil cases since Sep 2019 with 41 of those since Jan 2020 Finance-4 | Healthcare-14 |Manufacturing-8 | Professional Services-17 | Public Service-11 | Tech/Engineering-6 | Critical Infrastructure-4
25 out of the 64 Sodinokibi/REvil engagements involved an MSP that was the initial point of entry
Ransom paid for 40 of the 64 matters
The average ransom demand is 31.93 BTC
The average ransom demand paid in US dollars has been $145,235.31
The maximum ransom demand paid in US dollars has been $759,835.29
The minimum ransom demand paid in US dollars has been $4,550.98
Threat actors have provided the decryption key 100% of the time
Data exfiltration has only occurred in 7.14% of the engagements
The major infection vector has been Remote Access (RDP) at 54.72% of the time
The average business downtime is approximately 8.27 days
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CMS Vulnerability Leads to ClickFix Campaign
Threat actors compromised at least 700 education and technology websites in a recent ClickFix campaign by exploiting a critical SQL injection flaw (CVE-2026-26980) in the Ghost content management system (CMS). Adversaries combined the vulnerability with the ClickFix social engineering tactic to steal admin keys and inject a malicious JavaScript that delivers a fake Cloudflare or CAPTCHA verification pop-up, tricking victims into copying and pasting a malicious command into their systems.
What’s Notable and Unique
Rather than targeting the end user first, this campaign is unique in its initial exploitation of the system, followed by social engineering attempts. This hybrid attack style is likely being leveraged to bypass traditional defenses.
This recent campaign also highlights how trusted web properties can be weaponized at scale and coupled with unpatched CMS vulnerabilities. Rather than using the CMS compromise to perpetrate a single attack, threat actors turned it into a supply-chain attack that ultimately affected over 700 trusted websites.
Analyst Comments
As network defenders and their tools enhance threat detection capabilities, adversaries increasingly seek methods to bypass these defenses. By combining vulnerability exploitation, social engineering techniques, and staging for ancillary attacks, this campaign successfully bypassed traditional defenses and inflicted significant impact. Defending against hybrid cyberattacks requires comprehensive security controls beyond simply patching vulnerabilities. Organizations should focus on limiting movement within the environment, detecting abuse of trusted applications, and preventing end-user manipulation.
Sources
700+ education and tech websites hijacked in huge ClickFix malware campaign
Under the engineering hood: Why Malwarebytes chose WordPress as its CMS
Think before you Click(Fix): Analyzing the ClickFix social engineering technique
Ghost CMS Vulnerability Exploited to Infect 700 Sites With ClickFix Malware
Article
Threat Actors Leverage Fake JPEG Files for Initial Access
In a recent campaign, researchers observed threat actors using fake JPEG image files as a delivery mechanism to initiate the deployment of additional malicious components. The false JPEG files are typically distributed via phishing emails or other social engineering-based lures, and are actually PowerShell-based malware that deploys a trojanized version of ConnectWise ScreenConnect to establish and maintain persistence in the compromised environment.
What’s Notable and Unique
This campaign leverages JPEG images as the initial lure, where the images are not merely decoys but part of the infection workflow. Victims are typically led to download or open an image that triggers hidden execution logic or redirects them to a payload-delivery sequence that initiates later stages of the intrusion chain.
The attack chain is designed to blend into legitimate environments, making detection more difficult. Execution typically relies on scripted or native Windows components, often including PowerShell or other living-off-the-land binaries, enabling fileless or near-fileless execution and reducing forensic artifacts on disk.
The multistage design ensures that the initial JPEG does not directly contain the full payload but instead triggers retrieval or decryption steps that progressively assemble the final malicious components in memory.
Analyst Comments
This campaign illustrates how threat actors continue to blur the line between legitimate file handling and malicious execution chains, indicating potential overlap with remote management or administrative tooling. The use of JPEG-based staging combined with script-based execution reflects a broader evolution toward a stealth-first intrusion design, in which file formats serve as triggers rather than payload containers.
Sources
OPERATION SILENTCANVAS : JPEG BASED MULTISTAGE POWERSHELL INTRUSION
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