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Malware Analysis Report - Multi-extortion Ransomware and encryption-less attacks

For today's report, we looked at the evolution of ransomware attacks, which have become increasingly unpredictable and sophisticated over the years. 

In this case, we focused on two particular strategies: the multiple extortion tactics and theattack without encryption

  • The first involves the perpetrators of threats not only exfiltrating the victim's data (by encrypting it), but resorting to further coercive measures, such as launching DDoS (Distributed Denial of Service) attacks and direct contact with the victim's customers or business partners. 
     
  • Unencrypted attacks, on the other hand, consist of the exfiltration of files without encryption. The focus of extortion shifts to the importance of information 
    contained in the exfiltrated files. 

The purpose of the report is to raise awareness of the issue and to warn of the development of these attacks. I threat actors are making their attack strategies more efficient, as they have realised that stealing sensitive data, information or projects increases the pressure on victims and the possibility of ransom. 

Organisations must be aware of these threats and take appropriate measures to protect their valuable data and systems with preventive measures. 

If you wish to learn more, here is the link to our full report.   

In addition, you can subscribe to the specific mailing list Cyber Studios by Tinexta Defence, to receive updates on upcoming research: https://tinextadefence.it/mailing-list-cyber-studios/

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Degree in Business Administration from the University of Naples 'Federico II' with an MBA in Business Management achieved with high merit in 2008 by winning a scholarship provided by Invitalia S.p.A. from which she was selected in the first months of attendance as the best MBA profile.

After a brief experience in Invitalia S.p.A., he immediately held increasingly important roles in the management of Administration, Finance and Control of companies operating in the defence sector, theInformation Technology, of Cyber and National Security. In addition, she was Treasury Manager in companies operating in theEnergy.

He obtained an Executive Master in Finance (EMF) at SDA Bocconi in 2020, with a specialisation in Corporate Finance & Control and, in 2022, a further specialisation track in Asset, Wealth Management also at SDA Bocconi.

For over five years it has been the Chief Financial Officer of the Defence Tech Group, whose listing process he followed on the Euronext Growth Milan segment of Borsa Italiana.

From 2017 to 2024, she was a member of the boards of directors of all the legal entity of the Defence Tech Group with delegated powers over their financial management and from October 2021 to October 2024 was a Board Member of the Holding Company.

It is currently also Investor Relations Manager of the listed Defence Tech and follows all ESG issues of the Group.

In July 2021, she was recognised by Federmanager as one of the best talents under 44 at national level, receiving an important award as Young Manager 2020.