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Home Malware

Estate (Ransomware) – Malware

January 28, 2025
Reading Time: 4 mins read
in Malware
Estate (Ransomware) – Malware

Estate Malware

Type of Malware

Ransomware

Date of initial activity

2024

Targeted Countries

Malaysia
UAE
France
United States
Hong Kong

Associated Groups

Estate Ransomware Group

Motivation

Financial gain

Attack Vectors

Software Vulnerabilities

Targeted Systems

Windows

Overview

In an era where cyber threats have evolved into sophisticated operations targeting organizations worldwide, ransomware remains one of the most insidious forms of malware. Among the myriad strains of ransomware, Estate Ransomware has emerged as a particularly concerning variant, showcasing the relentless innovation of cybercriminals. This malware is designed not only to encrypt files on infected systems but also to exfiltrate sensitive data, leaving organizations facing the dual threat of operational disruption and potential data breaches. Estate Ransomware primarily capitalizes on vulnerabilities within systems, such as the recent CVE-2023-27532 in Veeam Backup & Replication software. Exploiting unpatched software, it gains access to critical systems and deploys its payload with alarming efficiency. Once activated, it can wreak havoc across an organization’s network, rendering essential files inaccessible while demanding a ransom for their restoration. The methods employed by Estate Ransomware operators highlight a worrying trend toward more complex and multi-faceted attacks that leverage various tactics and techniques to maximize impact. What sets Estate Ransomware apart is its dual focus on both encryption and data theft. In addition to locking files, it often exfiltrates sensitive information, threatening to leak it publicly if the ransom is not paid. This tactic not only increases the pressure on victims to comply but also raises the stakes for organizations that may find themselves dealing with regulatory repercussions, loss of reputation, and significant financial costs. As cybercriminals continue to refine their strategies, understanding the operational mechanisms of Estate Ransomware becomes imperative for cybersecurity professionals and organizations alike. This article will delve into the technical workings of Estate Ransomware, exploring its infection vectors, operational methodologies, and the potential consequences for targeted organizations. By shedding light on this emerging threat, we aim to equip readers with the knowledge necessary to recognize and mitigate the risks associated with ransomware attacks. As the cybersecurity landscape continues to evolve, vigilance and proactive defense strategies are essential in combating threats like Estate Ransomware and safeguarding vital organizational assets.

Targets

Information

How they operate

The initial stage of an Estate Ransomware attack often begins with the exploitation of a known vulnerability, such as CVE-2023-27532, specifically targeting unpatched versions of Veeam Backup & Replication software. Attackers typically gain access through compromised accounts or external remote services like Virtual Private Networks (VPNs). For example, a dormant account may be exploited to bypass security measures, as was observed in a recent incident where attackers utilized a VPN to access internal networks. Once inside, the threat actors pivot laterally within the network, leveraging legitimate credentials to move across systems undetected. Once the ransomware operators establish a foothold, they deploy a backdoor on the compromised systems, such as a malicious executable disguised as “svchost.exe.” This backdoor enables continuous access and communication with the attackers’ command and control (C2) server, which is often hidden behind non-standard ports to evade detection. The backdoor’s operation allows for remote command execution, facilitating further reconnaissance and credential harvesting within the network. Tools such as SoftPerfect Netscan and various password recovery utilities from NirSoft may be employed to scan for open ports, alive hosts, and stored credentials, thereby expanding the attackers’ reach and capabilities. After securing sensitive information and expanding their access, attackers often enable potentially harmful functionalities like the xp_cmdshell command on Microsoft SQL servers. This allows them to execute arbitrary commands from within the database environment. The threat actors typically create new user accounts with escalated privileges to ensure persistent access, further solidifying their foothold in the compromised systems. This phase is crucial, as it enables attackers to orchestrate lateral movement across the network, gaining access to critical servers, file systems, and potentially sensitive data. As the attack progresses, the ransomware operators prepare for the final phase: deploying the ransomware payload itself. Utilizing utilities like PsExec, they execute ransomware binaries, such as LB3.exe, across multiple systems. This stage often involves disabling security mechanisms, such as Windows Defender, to mitigate detection and response efforts. The ransomware then encrypts files on the victim’s systems, rendering critical data inaccessible and demanding a ransom payment for recovery. Notably, the ransomware often generates a ransom note, providing instructions for payment, while simultaneously attempting to erase evidence of its activities by clearing event logs. In conclusion, the operational mechanics of Estate Ransomware showcase a highly organized and strategic approach to cybercrime. By leveraging known vulnerabilities, deploying backdoors, and executing their payload with stealth, these attackers present a formidable threat to organizations worldwide. Understanding these technical aspects is essential for cybersecurity professionals to implement effective preventive measures, ensuring they are better equipped to defend against this evolving threat landscape. As ransomware continues to adapt, ongoing vigilance, patch management, and robust security practices will be critical in combating its proliferation.

MITRE Tactics and Techniques

Initial Access:
T1078: Valid Accounts: Use of valid accounts to gain access to systems. T1133: External Remote Services: Exploitation of external services, such as VPNs, for initial access.
Execution:
T1204.002: User Execution: Execution of malicious files, often through user interaction. T1569.002: System Services: Service Execution: Using system services to execute malicious payloads.
Persistence:
T1053.005: Scheduled Task/Job: Creating scheduled tasks to ensure persistent access. T1136.001: Create Account: Creating new accounts for continued access.
Privilege Escalation:
T1505.001: Server Software Component: Exploiting server software vulnerabilities to escalate privileges.
Defense Evasion:
T1070.001: Indicator Removal: Clear Windows Event Logs: Deleting event logs to evade detection. T1562.001: Impair Defenses: Disable or Modify Tools: Disabling security tools, like antivirus software.
Credential Access:
T1555: Credentials from Password Stores: Harvesting credentials from various password stores.
Discovery:
T1018: Remote System Discovery: Identifying systems within the network for further exploitation. T1087.002: Account Discovery: Enumerating domain accounts to identify potential targets.
Lateral Movement:
T1021.001: Remote Services: Remote Desktop Protocol: Using RDP to move laterally within the network.
Command and Control:
T1571: Non-Standard Port: Establishing command and control communication over non-standard ports. T1071.001: Application Layer Protocol: Using web protocols for command and control.
Impact:
T1486: Data Encrypted for Impact: Encrypting files to disrupt access and extort victims.  
References:
  • Patch or Peril: A Veeam vulnerability incident
Tags: Cyber threatsCybercriminalsEstateEstate RansomwareMalwareRansomwareVeeamVPNVulnerabilities
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