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Skilled Young Hackers Breach Global Companies with Brazen Social Engineering Tactics

  • Skilled hackers posing as employees to obtain login details and breach company systems. They appear disciplined and organized like state-backed groups.

  • Attacks hit companies across industries worldwide, with over 100 intrusions logged in 2 years. The group is extremely adept at social engineering.

  • Motivation seems to be power and influence rather than just money. Attacks are brazen, involving bogus emergency calls and messages to staff.

  • Hackers appear to be mostly 17-22 year old Westerners. They research targets in detail, studying how organizations and vendors operate.

  • Collaboration with other criminal groups provides tools and infrastructure. Methods adapt to security measures, evolving like a "cat and mouse game".

reuters.com
Relevant topic timeline:
Hackers known as Scattered Spider have demanded a ransom from MGM after hacking the company and causing disruptions, and it is believed that the same group hacked Caesars before, receiving a large sum of money as ransom; these hackers are known for their aggressive tactics and have been involved in compromising at least 60 entities worldwide.
The Scattered Spider hacking group has claimed to have stolen six terabytes of data from casino operators MGM Resorts International and Caesars Entertainment, but has no plans to make the data public or demand ransom.