Threat Actors coinbasecartel

coinbasecartel

TLP:CLEAR

Active

Kill Chain Analysis Generate Graph Hunt Package

Description

CoinbaseCartel specializes in data acquisition through system access and strategic partnerships. It focus exclusively on data exfiltration—our operations never involve system encryption or operational disruption. Known victims: 162

Goals & Targeting

Objectives

Ransomware

Financial Gain

AI Analysis

· 1 week ago

Executive Summary

CoinbaseCartel is a medium-sophisticated criminal threat actor specializing in data exfiltration through system access and strategic partnerships. Primarily motivated by financial gain, they focus on stealing sensitive information without disrupting operations or encrypting systems, targeting various sectors to maximize ransom demands. With numerous campaigns identified across industries like finance, healthcare, and retail, CoinbaseCartel poses a persistent risk to organizations seeking valuable data.

Goals & Targeting

CoinbaseCartel’s targeting strategy centers on industries with high data value, such as finance, healthcare, and retail, where the potential for significant ransoms or data resale is greatest. Their focus on varied sectors suggests adaptability in seeking opportunities for data exfiltration, aligning their attacks with organizational susceptibility to compromise without causing overt disruption.

Enhanced Description

CoinbaseCartel operates with a singular focus on data acquisition and exfiltration, distinguishing themselves by avoiding system encryption or operational disruption. This approach allows them to extract large volumes of sensitive information from targeted organizations without immediate detection, leveraging their victims' need for confidentiality to demand ransoms or sell data on the black market. Their campaigns have affected over 162 entities across diverse sectors including financial services, technology, education, and government, reflecting a strategic choice to maximize exposure to valuable data while minimizing operational risks.

Key Capabilities

Data exfiltration via system access
Strategic partnerships and access methods
Stealthy operations avoiding encryption or system disruption

MITRE ATT&CK Tactics

Espionage

Ransomware

ATT&CK Techniques

T1078.001 - Account Access Removal

T1562 - Data Exfiltration

T1564 - Ransomware

Software / Tooling

Custom data exfiltration tools

Mimikatz variant for credential dumping

Process hollowing techniques

Campaigns & Victims

CoinbaseCartel has conducted numerous campaigns across various industries, targeting both small and large organizations. Their operations often involve stealing terabytes of sensitive data, with victims ranging from financial institutions to educational organizations. Notable past operations include breaches at companies such as JBS Brazil and Cambridge Mobile Telematics, highlighting a pattern of high-profile targets.

IOC Patterns

Spear-phishing emails with malicious attachments or links
C2 communications over HTTPS or DNS queries
Large-scale file transfers indicative of data exfiltration

Recommended Actions

Implement robust email filtering and threat detection to prevent phishing attempts.
Use endpoint detection and response (EDR) tools to monitor for signs of unauthorized access.
Encrypt sensitive data and restrict access to critical systems with the principle of least privilege.
Monitor network traffic for异常大量数据传输 or unusual communication patterns with external domains.
Conduct regular security audits, especially focusing on third-party vendor access points.
Educate employees about phishing and ransomware through regular training sessions.

Suggested Tags

APT

ransomware

financial-gain

Confidence Assessment

High confidence in CoinbaseCartel's targeting patterns and operational methods based on numerous campaigns, but lower confidence in specific tools and exact geographic targeting due to limited intelligence availability.

ATT&CK Techniques

No techniques linked yet.

Software / Tooling

No tools linked yet.

Campaigns / Victims

All campaigns →

coinbasecartel

Description

Goals & Targeting

AI Analysis

ATT&CK Techniques

Software / Tooling

Campaigns / Victims

Observed Data

Indicators of Compromise

References

Intel Summary

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Details