Akira Ransomware Breaches Over 250 Global Entities, Rakes in $42 Million

A joint cybersecurity advisory issued by CISA, FBI, Europol, and the Dutch NCSC-NL has uncovered the staggering scale of the Akira ransomware campaign. Since early 2023, the nefarious Akira operators have compromised more than 250 organizations worldwide, extorting a whopping $42 million in ransom payments.

Akira’s Prolific Targeting Across Industries

The Akira ransomware group has been actively infiltrating entities across diverse sectors, including education, finance, and real estate. Staying true to the double extortion playbook, the threat actors exfiltrate sensitive data before encrypting the victims’ systems, amplifying the pressure for a ransom payment.

Early Akira versions, coded in C++, appended the .akira extension to encrypted files. However, from August 2023 onward, certain attacks deployed Megazord, a Rust-based variant that encrypts data with the .powerranges extension. Investigations reveal the perpetrators interchangeably using both Akira and Megazord, including the updated Akira_v2.

Initial Access and Privilege Escalation

The cybercriminals exploit various entry points, such as unprotected VPNs, Cisco vulnerabilities (CVE-2020-3259 and CVE-2023-20269), RDP exposures, spear phishing, and stolen credentials. Post-compromise, they create rogue domain accounts, like itadm, to elevate privileges, leveraging techniques like Kerberoasting and credential scraping with Mimikatz and LaZagne.

Disabling Security Controls and Lateral Movement

To evade detection and facilitate lateral movement, Akira operators disable security software using tools like PowerTool to terminate antivirus processes and exploit vulnerabilities. They employ various tools for reconnaissance, data exfiltration (FileZilla, WinRAR, WinSCP, RClone), and C2 communication (AnyDesk, Cloudflare Tunnel, RustDesk, Ngrok).

Sophisticated Encryption

The advisory highlights Akira’s “sophisticated hybrid encryption scheme” combining ChaCha20 stream cipher with RSA public-key cryptography for efficient and secure encryption tailored to file types and sizes.

As the Akira ransomware campaign continues to wreak havoc, the joint advisory provides crucial indicators of compromise (IoCs) to help organizations bolster their defenses against this formidable threat.