Star Fraud, an emerging threat actor in the cybersecurity landscape, has been identified as a potential source of recent high-profile extortion attacks on MGM Resorts International and Caesars Entertainment. Originating from "The Community" (also known as the Com or Comm), a larger cybercrime network, Star Fraud surfaced in late 2022 and comprises mainly American and British members. The group's activities demonstrate the significant risks posed by this larger ecosystem, which also birthed other notable threat actors such as Lapsus$.
Security researchers have linked Star Fraud to the notorious hacking group Scattered Spider, highlighting their potential shared identities. This connection underscores the complexity and fluidity of the cybercrime landscape, where threat actors often operate under multiple aliases, making it challenging for authorities to track and mitigate their activities effectively.
The recent attacks on MGM Resorts International and Caesars Entertainment, as reported at SentinelOne's annual LABScon cyber threat intelligence conference, are indicative of Star Fraud's capacity to target high-profile entities. These incidents underscore the seriousness of the threat posed by Star Fraud and similar groups within the Com's ecosystem, necessitating robust cybersecurity measures and continuous vigilance from organizations worldwide.
Description last updated: 2024-10-08T18:16:36.544Z