Mallox Ransomware

Released: Oct 31, 2024


High Severity


Increased Activity in the Wild

FortiGuard Labs continue to see increase in Mallox ransomware related activities detecting Mallox ransomware on multiple hundred FortiGuard sensors. Ransomware infection may cause disruption, damage to daily operations, potential impact to an organization's reputation and extortion. Learn More »

Common Vulnerabilities and Exposures




Background

The Mallox ransomware, also referred to as FARGO or TargetCompany, first appeared in June 2021. Initially, it targeted Microsoft Windows systems by exploiting unsecured Microsoft SQL servers. Over time, it has evolved to impact Linux systems and VMware ESXi environments as well.

The ransomware attacks a wide range of industries, including manufacturing, technology, automotive, and banking. In recent years, Mallox has expanded its operations by adopting a Ransomware-as-a-Service (RaaS) model, recruiting affiliates to extend its reach.

Latest Development

Recent news and incidents related to cybersecurity threats encompassing various events such as data breaches, cyber-attacks, security incidents, and vulnerabilities discovered.


Fortinet customers remain protected by the IPS service blocking any attack attempts targeting the related vulnerabilities and has Anti-Malware service to block all the known and unknown malware related to Mallox ransomware.

FortiGuard Cybersecurity Framework

Mitigate security threats and vulnerabilities by leveraging the range of FortiGuard Services.


PROTECT
  • AV

  • Vulnerability

  • AV (Pre-filter)

  • Behavior Detection

  • IPS

DETECT
  • IOC

  • Outbreak Detection

  • Threat Hunting

  • Content Update

RESPOND
  • Automated Response

  • Assisted Response Services

RECOVER
  • NOC/SOC Training

  • End-User Training

IDENTIFY
  • Vulnerability Management

  • Attack Surface Monitoring (Inside & Outside)

  • Attack Surface Hardening

Threat Intelligence

Information gathered from analyzing ongoing cybersecurity events including threat actors, their tactics, techniques, and procedures (TTPs), indicators of compromise (IOCs), malware and related vulnerabilities.


References

Sources of information in support and relation to this Outbreak and vendor.