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Analyze » DigitalMint » SYGDIG1777357524

Incident Score: Analysis & Impact (SYGDIG1777357524)

The details regarding individual company incidents & reports gives you full view from every side.

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-426
Company Score Before Incident752 / 1000
Company Score After Incident326 / 1000
INCIDENT NUMBERSYGDIG1777357524
Type of Cyber IncidentRansomware
ATTACK VECTORInsider Threat
DATA EXPOSEDNA
INCIDENT DATE31/03/2023
STATUSOngoing

Key Highlights From The Incident Analysis

  • Timeline of DigitalMint's Ransomware and lateral movement inside company's environment.
  • Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
  • How Rankiteo’s incident engine converts technical details into a normalized incident score.
  • How this cyber incident impacts DigitalMint Rankiteo cyber scoring and cyber rating.
  • Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.

Full Incident Analysis Transcript

In this Rankiteo incident briefing, we review the DigitalMint breach identified under incident ID SYGDIG1777357524.

The analysis begins with a detailed overview of DigitalMint's information like the linkedin page: https://www.linkedin.com/company/digital-mint-io, the number of followers: 3068, the industry type: Financial Services and the number of employees: 23 employees

After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 752 and after the incident was 326 with a difference of -426 which is could be a good indicator of the severity and impact of the incident.

In the next step of the video, we will analyze in more details the incident and the impact it had on DigitalMint and their customers.

DigitalMint recently reported "Cybersecurity Insider Betrays Employer to Aid Ransomware Attacks", a noteworthy cybersecurity incident.

A former employee of Chicago-based cybersecurity firm DigitalMint colluded with cybercriminals to deploy BlackCat ransomware against U.S.

The disruption is felt across the environment, plus an estimated financial loss of $1.2 million (extorted), $10 million (seized assets).

Formal response steps have not been shared publicly yet.

The case underscores how Ongoing, teams are taking away lessons such as Highlights risks posed by insider threats within cybersecurity firms, where trusted personnel may exploit their access to facilitate criminal activity.

Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.

The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.

MITRE ATT&CK® Correlation Analysis

Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Phishing: Spearphishing Link (T1566.002) with lower confidence (30%), supported by evidence indicating insider threat exploiting access to sensitive information and Trusted Relationship (T1199) with high confidence (90%), supported by evidence indicating former employee of cybersecurity firm colluded with cybercriminals. Under the Credential Access tactic, the analysis identified Unsecured Credentials: Credentials In Files (T1552.001) with moderate to high confidence (70%), supported by evidence indicating sharing sensitive details such as insurance policy limits. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating insurance policy limits and negotiation strategies compromised. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (70%), supported by evidence indicating colluded with cybercriminals to deploy BlackCat ransomware. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with high confidence (90%), supported by evidence indicating deployed BlackCat ransomware against multiple victims and Financial Theft (T1657) with high confidence (90%), supported by evidence indicating extorted $1.2 million in Bitcoin from a victim. Under the Defense Evasion tactic, the analysis identified Use Alternate Authentication Material: Application Access Token (T1550.001) with moderate confidence (60%), supported by evidence indicating trusted employee exploited access to facilitate criminal activity. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Initial Access
Phishing: Spearphishing Link (30%)
Trusted Relationship (90%)
Credential Access
Unsecured Credentials: Credentials In Files (70%)
Collection
Data from Local System (80%)
Exfiltration
Exfiltration Over C2 Channel (70%)
Impact
Data Encrypted for Impact (90%)
Financial Theft (90%)
Defense Evasion
Use Alternate Authentication Material: Application Access Token (60%)

Sources & References