Meet FIN11, a cybercrime outfit going after pharma companies while leaning on extortion
Researchers have pieced together details about a newly-identified, financially-motivated hacking group they say is behind bold, large and long-running malware campaigns. And it’s only getting worse: The hackers have expanded their range of targets the past two years while using increasingly aggressive ransomware attacks, according to research published Tuesday by FireEye’s threat intelligence unit, Mandiant. The company dubbed the group FIN11, a designation it gives financial crime groups. That makes it the first group to get the FIN label since FIN10 three years ago. The hackers are notable for “removing the last vestiges of restraint” in their ransomware and extortion targeting, said John Hultquist, senior director of analysis for Mandiant Threat Intelligence, a unit of FireEye. They’ve gone after pharmaceutical companies and other health care targets during the COVID-19 pandemic. More broadly, the health care industry has encountered a barrage of attacks from hackers during the pandemic, including ransomware attacks that authorities say have hit hospitals and health […]
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