Microsoft Warns as Scattered Spider Expands from SIM Swaps to Ransomware

The widely distributed threat actor known as Scattered Spider has been seen posing as recently employed staff members in certain companies as a ruse to fit in with regular on-hire procedures, hijack accounts, and compromise establishments worldwide.

The financially driven hacking group’s activities were made public by Microsoft, which called the adversary “one of the most dangerous financial criminal groups,” highlighting its ability to operate with ease and incorporate help desk fraud, SIM swapping, and SMS phishing into its attack model.

The organization described Octo Tempest as a group of natural English-speaking threat actors with financial motivations. They are well-known for initiating extensive campaigns that heavily emphasize social engineering, adversary-in-the-middle (AiTM) tactics read more Microsoft Warns as Scattered Spider Expands from SIM Swaps to Ransomware.

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