Storm-0501 Exploits Entra ID to Exfiltrate and Delete Azure Data in Hybrid Cloud Attacks

The financially motivated threat actor known as Storm-0501 has been observed refining its tactics to conduct data exfiltration and extortion attacks targeting cloud environments.
“Unlike traditional on-premises ransomware, where the threat actor typically deploys malware to encrypt critical files across endpoints within the compromised network and then negotiates for a decryption key,…

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Source: The Hacker News