BianLian attacks Acero Engineering

Incident Date: Dec 06, 2023

Attack Overview
VICTIM
Acero Engineering
INDUSTRY
Energy, Utilities & Waste
LOCATION
Canada
ATTACKER
Bianlian
FIRST REPORTED
December 6, 2023

BianLian Data Extortion Group Targets Acero Engineering

The BianLian data extortion group has reportedly attacked Acero Engineering. The group has exfiltrated 1.2 TB of data, including accidents, accounting, budget, financial data, contract data and NDAs, files from the CFO's PC, email, and message archives, operational and business files, personal data, and technical data. A sample with proof of the exfiltrated data has been leaked. Acero Engineering is a Calgary-based, full-service engineering, procurement, and construction management (EPCM) company focused on upstream oil and gas pipeline and facility development since its inception in 2006.

BianLian's Evolution

BianLian is not a traditional RaaS. They first emerged in June 2022 as a typical RaaS provider with Golang-based ransomware until a decrypter was released. In early 2023, they appear to have abandoned the ransomware payload portion of attacks in favor of less complicated data exfiltration and extortion attacks. This shows how successful the double extortion strategy is for ransomware groups, and we will likely see more groups join the likes of BianLian (and Karakurt before them).

Techniques and Targets

BianLian leverages open-source tooling and command-line scripts to engage in credential harvesting and data exfiltration. BianLian increased attack volumes as they have moved away from deploying ransomware payloads in favor of pure data extortion attacks, making them one of the more prominent groups in Q1-2023, although still lagging far behind leaders. It is unclear how much BianLian typically requests for a ransom amount, or if they are keen to negotiate the demand down.

BianLian successfully attacked several high-profile organizations before a free decryption tool was released to help victims recover files encrypted by ransomware. The group appears to have abandoned the RaaS model in favor of pure data extortion attacks where data is exfiltrated and ransom demand issues, but no ransomware is deployed. BianLian has been observed deploying a custom Go-based backdoor for remote access. BianLian uses PowerShell and Windows Command Shell to bypass and evade security solutions.

BianLian primarily targets financial institutions, healthcare, manufacturing, education, entertainment, and energy sectors by leveraging compromised Remote Desktop Protocol (RDP) credentials. Almost exclusively a data extortion attack group now, rarely observed deploying ransomware payloads.

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