By therecord.media
Publication Date: 2026-08-10 13:20:00
A financially motivated threat actor linked to China is believed to be exploiting a critical vulnerability affecting widely used cybersecurity software in a supply-chain attack that could see the hackers deploy custom ransomware across a cascading list of victims’ networks.
Microsoft Threat Intelligence warned this weekend that the Storm-1175 group began deploying a new ransomware strain on August 2 called StormEncryptor. The hackers previously used the Medusa ransomware to extort healthcare, professional services and finance organizations in Australia, Britain and the United States.
Back in April, the hackers were described as operating “high-velocity ransomware campaigns” exploiting both recently disclosed vulnerabilities and zero-day exploits, “in some cases a full week before public vulnerability disclosure.” Microsoft said it had seen the group move from initial access to full encryption in under 24 hours.
In this latest campaign, Microsoft said the group is…
