Blog
/
Compliance
/
July 17, 2024

What you need to know about the new SEC Cybersecurity rules

In July 2023, the U.S. Securities and Exchange Commission (SEC) adopted new rules concerning cybersecurity incidents and disclosures. This blog describes the new rules and demonstrates how Darktrace can help organizations achieve compliance with these standards.
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Kendra Gonzalez Duran
Principal Analyst
Default blog imageDefault blog imageDefault blog imageDefault blog imageDefault blog imageDefault blog image
17
Jul 2024

What is new in 2023 to SEC cybersecurity rules?

Form 8-K Item 1.05: Requiring the timely disclosure of material cybersecurity incidents.

Regulation S-K item 106: requiring registrants’ annual reports on Form 10-K to address cybersecurity risk management, strategy, and governance processes.

Comparable disclosures are required for reporting foreign private issuers on Forms 6-K and 20-F respectively.

What is Form 8-K Item 1.05 SEC cybersecurity rules?

Form 8-K Item 1.05 requires the following to be reported within four business days from when an incident is determined to be “material” (1), unless extensions are granted by the SEC under certain qualifying conditions:

“If the registrant experiences a cybersecurity incident that is determined by the registrant to be material, describe the material aspects of the nature, scope, and timing of the incident, and the material impact or reasonably likely material impact on the registrant, including its financial condition and results of operations.” (2, 3)

How does the SEC define cybersecurity incident?

Cybersecurity incident defined by the SEC means an unauthorized occurrence, or a series of related unauthorized occurrences, on or conducted through a registrant’s information systems that jeopardizes the confidentiality, integrity, or availability of a registrant’s information systems or any information residing therein. (4)

How can Darktrace assist in the process of disclosing incidents to the SEC?

Accelerate reporting

Darktrace’s Cyber AI Analyst generates automated reports that synthesize discrete data points potentially indicative of cybersecurity threats, forming reports that provide an overview of the evolution and impact of a threat.

Thus, when a potential threat is identified by Darktrace, AI Analyst can quickly compile information that organizations might include in their disclosure of an occurrence they determined to be material, including the following: incident timelines, incident events, incident summary, related model breaches, investigation process (i.e., how Darktrace’s AI conducted the investigation), linked incident events, and incident details. The figure below illustrates how Darktrace compiles and presents incident information and insights in the UI.

Overview of information provided in an ‘AI Analyst Report’ that could be relevant to registrants reporting a material cybersecurity incident to the SEC
Figure 1: Overview of information provided in an ‘AI Analyst Report’ that could be relevant to registrants reporting a material cybersecurity incident to the SEC

It should be noted that Instruction 4 to the new Form 8-K Item 1.05 specifies the “registrant need not disclose specific or technical information about its planned response to the incident or its cybersecurity systems, related networks and devices, or potential system vulnerabilities in such detail as would impede the registrant’s response or remediation of the incident” (5).

As such, the incident report generated by Darktrace may provide more information, including technical details, than is needed for the 8-K disclosure. In general, users should take appropriate measures to ensure that the information they provide in SEC reports meets the requirements outlined by the relevant regulations. Darktrace cannot recommend that an incident should be reported, nor report an incident itself.

Determine if a cybersecurity incident is material

Item 1.05 requires registrants to determine for themselves whether cybersecurity incidents qualify as ‘material’. This involves considerations such as ‘the nature scope and timing of the incident, and the material impact or reasonably likely material impact on the registrant, including its financial condition and results of operations.’

While it is up to the registrant to determine, consistent with existing legal standards, the materiality of an incident, Darktrace’s solution can provide relevant information which might aid in this evaluation. Darktrace’s Threat Visualizer user interface provides a 3-D visualization of an organization’s digital environment, allowing users to assess the likely degree to which an attack may have spread throughout their digital environment. Darktrace Cyber AI Analyst identifies connections among discrete occurrences of threatening activity, which can help registrants quickly assess the ‘scope and timing of an incident'.

Furthermore, in order to establish materiality it would be useful to understand how an attack might extend across recipients and environments. In the image below, Darktrace/Email identifies how a user was impacted across different platforms. In this example, Darktrace/Email identified an attacker that deployed a dual channel social engineering attack via both email and a SaaS platform in an effort to acquire login credentials. In this case, the attacker useding a legitimate SharePoint link that only reveals itself to be malicious upon click. Once the attacker gained the credentials, it proceeded to change email rules to obfuscate its activity.

Darktrace/Email presents this information in one location, making such investigations easier for the end user.

Darktrace/Email indicating a threat across SaaS and email
Figure 2: Darktrace/Email indicating a threat across SaaS and email

What is regulation S-K item 106 of the SEC cybersecurity rules?

The new rules add Item 106 to Regulation S-K requiring registrants to disclose certain information regarding their risk management, strategy, and governance relating to cybersecurity in their annual reports on Form 10-K. The new rules add Item 16K to Form 20-F to require comparable disclosure by [foreign private issuers] in their annual reports on Form 20-F. (6)

SEC cybersecurity rules: Risk management

Specifically, with respect to risk management, Item 106(b) and Item 16K(b) require registrants to describe their processes, if any, for assessing, identifying, and managing material risks from cybersecurity threats, as well as whether any risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, have materially affected or are reasonably likely to materially affect them. The new rules include a non-exclusive list of disclosure items registrants should provide based on their facts and circumstances. (6)

SEC cybersecurity rules: Governance

With respect to governance, Item 106 and Item 16K require registrants to describe the board of directors’ oversight of risks from cybersecurity threats (including identifying any board committee or subcommittee responsible for such oversight) and management’s role in assessing and managing material risks from cybersecurity threats. (6)

How can Darktrace solutions aid in disclosing their risk management, strategy, and governance related to cybersecurity?

Impact scores

Darktrace End-to-End (E2E) leverages AI to understand the complex relationships across users and devices to model possible attack paths, giving security teams a contextual understanding of risk across their digital environments beyond isolated CVEs or CVSS scores. Additionally, teams can prioritize risk management actions to increase their cyber resilience through the E2E Advisory dashboard.

Attack paths consider:

  • Potential damages: Both the potential consequences if a given device was compromised and its immediate implications on other devices.
  • Exposure: Devices' level of interactivity and accessibility. For example, how many emails does a user get via mailing lists and from what kind of sources?
  • Impact: Where a user or asset sits in terms of the IT or business hierarchy and how they communicate with each other. Darktrace can simulate a range of possible outcomes for an uncertain event.
  • Weakness: A device’s patch latency and difficulty, a composite metric that looks at attacker MITRE methods and our own scores to determine how hard each stage of compromise is to achieve.

Because the SEC cybersecurity rules require “oversight of risks from cybersecurity threats” and “management’s role in assessing and managing material risks from cybersecurity threats” (6), the scores generated by Darktrace E2E can aid end-user’s ability to identify risks facing their organization and assign responsibilities to address those risks.

E2E attack paths leverage a deep understanding of a customer’ digital environment and highlight potential attack routes that an attacker could leverage to reach critical assets or entities. Difficulty scores (see Figure 5) allow security teams to measure potential damage, exposure, and impact of an attack on a specific asset or entity.

An example of an attack path in a digital environment
Figure 3: An example of an attack path in a digital environment

Automatic executive threat reports

Darktrace’s solution automatically produces Executive Threat Reports that present a simple visual overview of model breaches (i.e., indicators of unusual and threatening behaviors) and activity in the network environment. Reports can be customized to include extra details or restricted to high level information.

These reports can be generated on a weekly, quarterly, and yearly basis, and can be documented by registrants in relation to Item 106(b) to document parts of their efforts toward assessing, identifying, and managing material risks from cybersecurity threats.

Moreover, Cyber AI Analyst incident reports (described above) can be leveraged to document key details concerning significant previous incidents identified by the Darktrace solution that the registrant determined to be ‘material’.

While the disclosures required by Item 106(c) relate to the governance processes by which the board of directors, the management, and other responsible bodies within an organization oversee risks resulting from cybersecurity threats, the information provided by Darktrace’s Executive Threat Reports and Cyber AI Analyst incident reports can also help relevant stakeholders communicate more effectively regarding the threat landscape and previous incidents.

DISCLAIMER

The material above is provided for informational purposes only. This summary does not constitute legal or compliance advice, recommendations, or guidance. Darktrace encourages you to verify the contents of this summary with your own advisors.

References

  1. Note that the rule does not set forth any specific timeline between the incident and the materiality determination, but the materiality determination should be made without unreasonable delay.
  2. https://www.sec.gov/files/form8-k.pdf
  3. https://www.sec.gov/news/press-release/2023-139
  4. https://www.ecfr.gov/current/title-17/chapter-II/part-229
  5. https://www.sec.gov/files/form8-k.pdf
  6. https://www.sec.gov/corpfin/secg-cybersecurity
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Kendra Gonzalez Duran
Principal Analyst

More in this series

No items found.

Blog

/

Network

/

March 18, 2026

When Reality Diverges from the Playbook: Darktrace Identifies Encryption in a World Leaks Ransomware Attack

EaaS, World Leaks, a rebrand of Hunters International, are known for their extortion-only attack model, abandoning the tactic of file encryption. However, contrary to these claims, Darktrace detected a World Leaks compromise where a ransomware payload was deployed, and customer data was encrypted.Default blog imageDefault blog image

As-a-Service Cybercrime Models

As-a-Service cybercrime models reduce the barrier to entry for cyber criminals as they no longer need expertise in every domain. Threat actors can increasingly outsource or supplement missing skills through the broader cybercrime-as-a-service ecosystem, and thus these models continue to grow in popularity within the cybercriminal underground. This has led to multiple templates in this sphere, such as Phishing-as-a-Service, Botnet-as-a-Service, DDoS-as-a-Service, and notably Ransomware-as-a-Service (RaaS) [1].

What is Extortion-as-a-Service?

Extortion-as-a-Service (EaaS) businesses function as a formalized way for cyber threat actors to offer extortion services to others for a fee or profit share and represents an evolution of extortion operations from the double-extortion ransomware model. Advancing from the RaaS model, extortion has become a distinct profit stream, separate from the encryption payload. This separation of functions, data theft, negotiation, and publicity, sets the stage for EaaS [1].

The EaaS model reflects a broader trend in cybercriminal activity, in which threat actors increasingly prioritize data theft and public exposure over traditional ransomware encryption. This shift reduces operational complexity while increasing pressure on victims through reputational damage. This approach has become increasingly popular among threat actors as, unlike encryption-based attacks, these operations are more difficult to detect and remediate [2]. It reflects a trend of ‘hack-and-leak’ operations that prioritize stealth, speed, and reputational damage over traditional encryption-based ransomware attacks [3].

World Leaks Overview

World Leaks emerged in early 2024 as a direct rebrand of the Hunters International ransomware group, which was notorious for encrypting victims’ data and demanding payment for decryption keys. In mid-2025, Hunters International shifted to an extortion-only model due to law enforcement scrutiny and reduced profitability, rebranding itself as World Leaks.

World Leaks functions as an affiliate-based EaaS operation which provides proprietary Storage Software exfiltration tooling to affiliates while maintaining a four-platform infrastructure consisting of a main data leak site hosted on the Dark Web where victim data is published, a victim negotiation portal with live chat, an affiliate management panel, and an insider journalist platform granting media outlets 24-hour advance access to stolen data before public release [4]. Since its emergence, World Leaks has published data stolen from dozens of organizations globally on its data leak site, serving both as a pressure tactic and a means for building reputation among cyber criminals.

World Leaks (known associations include Hive Ransomware, Secp0 Ransomware, and UNC6148) have been known to target the industrial (manufacturing) sector, along with healthcare organizations, technology firms and more generally, industries with valuable intellectual property [4]. Victims targeted have spanned multiple countries, with most located in the US, as well as Canada and several countries across Europe [5].

World Leaks’ Tactics, Techniques, and Procedures (TTPs) [3][4]

World Leaks’ typical attack pattern involves the exploitation of credentials with inadequate access controls, e.g. lacking multi-factor authentication (MFA), moving through reconnaissance, lateral movement and data exfiltration, notably without an encryption element.

Initial Access:

Initial access is typically gained through the exploitation of compromised virtual private network (VPN) credentials lacking MFA through valid accounts, as well as phishing campaigns. The targeting of internet-facing VPN infrastructure, RDP, and public-facing applications also represent common attack vectors in World Leaks incidents.

Lateral Movement:

SMB, RDP, and SSH are used for lateral movement via remote services. Notably, the group is also known to use PsExec and Rclone as part of their lateral movement activities.

Persistence:

Registry key modifications, scheduled tasks creation, account manipulation.

Exfiltration:

Data exfiltration is carried out through custom storage software tooling via TOR connections. Cloud storage services used for exfiltration particularly include MEGA. World Leaks also carry out direct data transfer through established command-and-control (C2) infrastructure.

Unlike Hunters International, which combined encryption with extortion, World Leaks claims to have abandoned the use of encryption. Some reports note that operations since January 2025 represent a pivot toward eliminating encryption entirely, instead relying on custom exfiltration tooling with SOCKSv5 proxy and TOR-based communications [4]. However, in early 2026, Darktrace detected an incident that directly contradicted this claim: World Leaks carried out an attack that involved both the exfiltration and encryption of customer data.

Darktrace’s Coverage of World Leaks Ransomware

Organizations today face a growing challenge: keeping pace with increasingly fast-moving threats. This incident highlights a common problem, when time-limited mitigations expire or human security teams cannot respond quickly enough, attackers are often able to regain the upper hand. A recent Darktrace detection of World Leaks ransomware provides a clear example of this challenge in practice.

In January 2026, Darktrace identified the presence of ransomware and data encryption linked to World Leaks within the network of an organization within the healthcare sector. Although Darktrace’s Autonomous Response capability was active in the customer’s environment and initially blocking suspicious connectivity, buying time for the customer to remediate, the attack continued once these mitigative actions expired. Darktrace continued to apply Autonomous Response actions as the attack progressed, working to inhibit the attackers at each stage of the intrusion.

Investigations carried out by Darktrace revealed that threat actors likely gained initial access via a Fortigate appliance in mid-October, indicating a three-month dwell time, before employing living-off-the-land (LOTL) techniques for lateral movement. C2 communications were established using Cloudflare Tunnel (formerly Argo Tunnel). As part of the Actions on Objectives attack phase, a significant volume of data was exfiltrated to the MEGA cloud storage platform, followed by the encryption of customer data.

Initial access/ Lateral movement

Darktrace analysts identified the likely patient-zero device within the network as a Fortigate appliance. In October 2025, this device was seen conducting brute-force activity using the compromised ‘administrator’ credential to gain a foothold deeper within the customer’s environment. Masquerading as a privileged user, the threat actor then went on to launch activity on remote devices via PsExec, a common administrative tool that allows users to execute processes on remote systems without manually installing client software, providing significant power to attackers when abused. Around the time, Darktrace detected an unknown device on the network attempting to authenticate via NTLM. As this device had not previously been seen on the network, it likely belonged to the attacker.

Reconnaissance

As part of the reconnaissance phase of the attack, port and network scanning was carried out in an attempt to identify open UDP and TCP ports within the network.

Lateral movement & C2

Around one month after entering the customer’s network, the World Leaks threat actors began tunnelling activity using Cloudflare Tunnel. Darktrace detected connections to several hostnames including: region2.v2.argotunnel[.]com; h2.cftunnel[.]com; region1.v2.argotunnel[.]com. This tunnelling activity continued until January of 2026, when encryption occurred. Cloudflare tunnels are known to be abused by attackers as they enable the use of temporary infrastructure to scale operations, allowing rapid deployment and teardown. Furthermore, leveraging of Cloudflare’s infrastructure to create these rate-limited tunnels (used to relay traffic from an attacker-controlled server to a local machine) makes such malicious activity harder to detect by both defenders and traditional security measures, particularly those that rely on static blocklists [6].

Further lateral movement was carried out using common remote management tools such as Windows Remote Management (WinRM) RDP, allowing the World Leaks threat actors to access local devices within the victim organization’s network.

As this attack progressed, Darktrace detected multiple files being written over SMB. These files included Windows\Temp\chromeremotedesktophost.msi, which was written from the patient-zero device to another internal device as part of lateral movement efforts. Following this transfer, and prior to subsequent data exfiltration activity, a network server was observed connecting to the hostname remotedesktop-pa[.]googleapis[.]com, an API endpoint required for Chrome Remote Desktop, indicating that Chrome RDP was used by the threat actor in this stage of the attack.

Other files written over SMB included the script programdata\syc\OpenSSHUtils.psm1 (which can be used legitimately to configure OpenSSH) and the executable programdata\syc\ssh‑sk‑helper.exe (a legitimate OpenSSH component used to support security keys). These files were written from the suspected patient‑zero device to an internal domain controller using the ‘administrator’ credential.

Thereafter, SSH connections to external IP address 51.15.109[.]222 were observed, providing another channel between the malicious actors and victim machines. Darktrace recognized that the use of SSH by the devices seen connecting to this IP address was highly anomalous, indicating that this suspicious activity formed part of the attack.

Writes of the script programdata\syc\OpenSSHUtils.psm1 were also observed into January, highlighting the continuation of the attack that had begun three months earlier.

On December 19 and 20, Darktrace detected a DNS server within the customer’s network making anomalous outgoing connections to an external IP address not previously seen in the environment: 193.161.193[.]99. This IP address has been reported by open-source-intelligence (OSINT) as being associated with C2 infrastructure, having been linked to several remote access trojans (RATs) and botnets in the past.

This activity a shift towards the infrastructure-as-a-service (IaaS) model, underscoring the growing trend around As-a-Service Cybercrime models and the increasing the industrialization of botnets. The presence of extensive digital botnets, often leased to other criminal organizations, means the group gaining initial access is not necessarily the same group conducting ransomware deployment or data theft; botnets now act as shared underlying infrastructure enabling multiple forms of cybercriminal activity [7].

Furthermore, connections to this IP address (193.161.193[.]99) were made over port 1194, which is associated with OpenVPN, suggesting that World Leaks may have leveraged it to obfuscate C2 communication with attacker-controlled infrastructure.

Darktrace’s detection of the IP address 193.161.193[.]99, noting that it was first seen within the customer’s network on December 19, 2025.
Figure 1: Darktrace’s detection of the IP address 193.161.193[.]99, noting that it was first seen within the customer’s network on December 19, 2025.

Data exfiltration

In November, Darktrace detected the threat actors carrying out one of their Attack on Objective tactics: data exfiltration. Multiple local devices within the compromised network began transferring data to Backblaze and MEGA domains, both of which provide cloud storage services; 80+GB of data was transferred to MEGA in late December 2025. Endpoints associated with this activity included: backblazeb2[.]com and gfs302n520[.]userstorage[.]mega[.]co[.]nz, as well as related user agents such as AS40401 BACKBLAZE) and MegaClient/10.3.0/64.

Notably, Darktrace researchers identified two known World Leaks TTPs in this attack: the use of MEGA, a known tool abused by the group, and Rclone, a command-line tool used to manage files on cloud storage, which was observed in the user agent of the MEGA data-transfer connections: rclone/v1.69.0 [4].

Cyber AI Analyst Incident highlighting data upload activity to backblaze[.]com endpoints.
Figure 2: Cyber AI Analyst Incident highlighting data upload activity to backblaze[.]com endpoints.\

Ransomware deployment & encryption

The encryption stage of this attack was confirmed by the presence of a ransom note found on the network in a file with a seemingly randomized nine-character string preceding README.txt, attributing the incident to World Leaks, along with an extension with the same nine characters appended to encrypted files. Darktrace also observed SMB writes of files named world.exe and task.bat, with the compromised ‘localadmin’ credential used during the SMB logins. It is likely that these files served as the vector for the ransomware payload.

 Packet Capture (PCAP) of the ransom note claiming that the attack was carried out by World Leaks.
Figure 3: Packet Capture (PCAP) of the ransom note claiming that the attack was carried out by World Leaks.

Conclusion

Though traditional ransomware relies on encryption, recent trends show that cyber threat actors no longer need to rely on noisy encryption tools and can eliminate much of the risk and technical complexity associated with encrypting systems. This is the model reportedly preferred by World Leaks after their rebrand from Hunters International.

In addition to reducing noise around these attacks, extortion‑only operations may be favored by threat actors over encryption‑focused ones for several reasons, including the fact that traditional security tools may struggle to detect data theft compared to encryption, that attackers leave less evidence behind when encryption is avoided, and that the long‑term impacts of stolen data on organizations can be greater than the loss of systems caused by encryption processes, which can be restored [8]. This is supported by analysis of data leak sites suggesting that almost 1,500 incidents in 2025 relied on data theft alone. Attackers can simply steal victim data and attempt to extort a ransom by threatening to publish it, without needing to deploy ransomware at all [9]. Furthermore, although World Leaks aims to function as an affiliate‑based EaaS operation, security teams should remain aware that their affiliates may have different criminal objectives.

Contrary to reports that World Leaks’ typical attack style has an extortion‑only objective, Darktrace detected an incident in which a World Leaks attack did end with the encryption of customer data. This highlights the need for adaptive defenses and reinforces the importance of network defenders staying proactive in the face of attacks, particularly as they may progress in ways that are unexpected compared to previous trends associated with a given threat actor.

Credit to Tiana Kelly (Senior Cyber Analyst and Analyst Manager) and Emily Megan Lim (Senior Cyber Analyst)

Edited by Ryan Traill (Content Manager)

Appendices

IoCs

  • world.exe – Executable File – Possible Ransomware Payload
  • task.bat – Script File – Possible Ransomware Payload
  • ‘^[A-Z][a-z]{3}[A-Z][a-z][A-Z]{3}[.]README[.]txt' – Ransom Note
  • [.]^[A-Z][a-z]{3}[A-Z][a-z][A-Z]{3} – Ransomware file extension

·       51.15.109[.]222 – IP Address - Possible C2 Infrastructure

·       193.161.193[.]99 – IP Address – Probable C2 Infrastructure

Darktrace Model Detections (Enhanced Monitoring models denoted with an asterisk)

·      Device / Attack and Recon Tools

·      Device / Suspicious SMB Scanning Activity

·      Device / Anomalous NTLM Brute Force

·      Compliance / Connection to Tunnelling Service

·      Device / Suspicious New User Agents

·      Device / New or Unusual Remote Command Execution

·      Compliance / SMB Drive Write

·      Anomalous Connection / Uncommon 1 GiB Outbound

·      Compromise / Ransomware / Ransom or Offensive Words Written to SMB

·      Device / Multiple Lateral Movement Model Alerts*

·      Device / SMB Lateral Movement

·      Unusual Activity / Sustained Anomalous SMB Activity

·      Device / Large Number of Model Alerts

·      Compromise / Ransomware / SMB Reads then Writes with Additional Extensions

·      Compromise / Ransomware / Suspicious SMB Activity*

·      Anomalous File / Internal / Additional Extension Appended to SMB File

·      Unusual Activity / SMB Access Failures

·      Unusual Activity / Enhanced Unusual External Data Transfer*

·      Device / Suspicious File Writes to Multiple Hidden SMB Shares

·      Anomalous Server Activity / Rare External from Server

·      Unusual Activity / Unusual Mega Data Transfer*

·      Device / Possible SMB/NTLM Brute Force

·      Anomalous Connection / Unusual Admin RDP Session

·      Anomalous Connection / Active Remote Desktop Tunnel

·      Anomalous Connection / Data Sent to Rare Domain

·      Anomalous Connection / New or Uncommon Service Control

·      Anomalous Connection / New or Uncommon Service Enumeration

·      Anomalous Connection / Rare WinRM Outgoing

·      Anomalous Connection / SMB Enumeration

·      Anomalous Connection / Unusual Admin RDP Session

·      Anomalous Connection / Unusual Incoming Long Remote Desktop Session

·      Anomalous Connection / Upload via Remote Desktop

·      Anomalous File / Internal / Executable Uploaded to DC

·      Anomalous File / Internal / Unusual SMB Script Write

·      Compliance / SSH to Rare External Destination

·      Device / Anomalous Github Download

·      Device / Anonymous NTLM Logins

·      Device / Network Scan

·      Device / New or Uncommon WMI Activity

·      Device / New User Agent To Internal Server

·      Device / Possible Brute-Force Activity

·      Device / RDP Scan

·      Device / SMB Session Brute Force (Admin)

·      Device / SMB Session Brute Force (Non-Admin)

·      Device / Suspicious Network Scan Activity

·      Unusual Activity / Successful Admin Brute-Force Activity

·      Unusual Activity / Unusual External Data to New Endpoint

·      Unusual Activity / Unusual External Data Transfer

·      Unusual Activity / Unusual File Storage Data Transfer

·      User / New Admin Credentials on Server

Cyber AI Analyst Incidents

·      Scanning of Multiple Devices

·      Large Volume of SMB Login Failures to Multiple Devices

·      Suspicious Chain of Administrative Connections

·      SMB Write of Suspicious File

·      Suspicious DCE-RPC Activity

·      Unusual External Data Transfer

·      Unusual External Data Transfer to Multiple Related Endpoints

·      Unusual External Data Transfer to Endpoints

MITRE ATT&CK Mapping

·      Initial Access – T1190 – Exploit Public-Facing Application

·      Defense Evasion, Initial Access, Persistence, Privilege Escalation – T1078 – Valid Accounts

·      Resource Development – T1588.001 – Obtain Capabilities: Malware

·      Reconnaissance – T1590.005 – Gather Victim Network Information: IP Addresses

·      Reconnaissance – T1592.004 – Gather Victim Host Information: Client Configurations

·      Reconnaissance – T1595.001 – Active Scanning: Scanning IP Blocks

·      Reconnaissance – T1595.002 – Active Scanning: Vulnerability Scanning

·      Reconnaissance – T1595.003 – Active Scanning: Wordlist Scanning

·      Discovery – T1018 – Remote System Discovery

·      Discovery – T1046 – Network Service Discovery

·      Discovery – T1083 – File and Directory Discovery

·      Discovery – T1135 – Network Share Discovery

·      Command and Control – T1219 – Remote Access Tools

·      Command and Control – T1219.002 – Remote Access Tools: Remote Desktop Software

·      Command and Control – T1571 – Non-Standard Port

·      Command and Control – T1572 – Protocol Tunneling

·      Command and Control – T1573.001 – Encrypted Channel: Symmetric Cryptography

·      Credential Access – T1110 – Brute Force

·      Credential Access – T1110.001 – Brute Force: Password Guessing

·      Defense Evasion – T1006 – Direct Volume Access

·      Defense Evasion – T1564.005 – Hide Artifacts: Hidden File System

·      Defense Evasion – T1564.012 – Hide Artifacts: File/Path Exclusions

·      Execution – T1047 – Windows Management Instrumentation

·      Execution – T1569.002 – System Services: Service Execution

·      Lateral Movement – T1021 – Remote Services

·      Lateral Movement – T1021.001 – Remote Services: Remote Desktop Protocol

·      Lateral Movement – T1021.002 – Remote Services: SMB/Windows Admin Shares

·      Lateral Movement – T1021.006 – Remote Services: Windows Remote Management

·      Lateral Movement – T1080 – Taint Shared Content

·      Lateral Movement – T1210 – Exploitation of Remote Services

·      Lateral Movement – T1570 – Lateral Tool Transfer

·      Collection – T1039 – Data from Network Shared Drive

·      Collection – T1074 – Data Staged

·      Exfiltration – T1041 – Exfiltration Over C2 Channel

·      Exfiltration – T1048 – Exfiltration Over Alternative Protocol

·      Exfiltration – T1567.002 – Exfiltration Over Web Service: Exfiltration to Cloud Storage

References

[1] https://www.levelblue.com/blogs/levelblue-blog/extortion-as-a-service-the-latest-threat-actor-criminal-ecosystem/

[2] https://blackpointcyber.com/wp-content/uploads/2025/12/World-Leaks.pdf

[3] https://blackpointcyber.com/threat-profile/world-leaks-ransomware/

[4] https://www.halcyon.ai/threat-group/worldleaks

[5] https://www.moxfive.com/resources/moxfive-threat-actor-spotlight-world-leaks

[6] https://thehackernews.com/2024/08/cybercriminals-abusing-cloudflare.html

[7] https://www.trendmicro.com/vinfo/tw/security/news/threat-landscape/the-industrialization-of-botnets-automation-and-scale-as-a-new-threat-infrastructure

[8] https://www.morphisec.com/blog/ransomware-without-encryption-why-pure-exfiltration-attacks-are-surging-and-why-theyre-so-hard-to-catch/

[9] https://sed-cms.broadcom.com/sites/default/files/2026-01/RWN-2026-WP100_1.pdf

Continue reading
About the author
Tiana Kelly
Senior Cyber Analyst & Team Lead

Blog

/

Network

/

March 11, 2026

NetSupport RAT: How Legitimate Tools Can Be as Damaging as Malware

NetSupport RAT: How Legitimate Tools Can Be as Damaging as MalwareDefault blog imageDefault blog image

What is NetSupport Manager?

NetSupport Manager is a legitimate IT tool used by system administrators for remote support, monitoring, and management. In use since 1989, NetSupport Manager enables users to remotely access and navigate systems across different platforms and operating systems [1].

What is NetSupport RAT?

Although NetSupport Manager is a legitimate tool that can be used by IT and security professionals, there has been a rising number of cases in which it is abused to gain unauthorized access to victim systems. This misuse has become so prevalent that, in recent years, security researchers have begun referring to NetSupport as a Remote Access Trojan (RAT), a term typically used for malware that enables a threat actor to remotely access or control an infected device [2][3][4].

NetSupport RAT activity summary

The initial stages of NetSupport RAT infection may vary depending on the source of the initial compromise. Using tactics such as the social engineering tactic ClickFix, threat actors attempt to trick users into inadvertently executing malicious PowerShell commands under the guise of resolving a non-existent issue or completing a fake CAPTCHA verification [5]. Other attack vectors such as phishing emails, fake browser updates, malicious websites, search engine optimization (SEO) poisoning, malvertising and drive-by downloads are also employed to direct users to fraudulent pages and fake reCAPTCHA verification checks, ultimately inducing them to execute malicious PowerShell commands [5][6][7]. This leads to the successful installation of NetSupport Manager on the compromised device, which is often placed in non-standard directories such as AppData, ProgramData, or Downloads [3][8].

Once installed, the adversary is able to gain remote access to the affected machine, monitor user activity, exfiltrate data, communicate with the command-and-control (C2) server, and maintain persistence [5]. External research has also highlighted that post-exploitation of NetSupport RAT has involved the additional download of malicious payloads [2][5].

Attack flow diagram highlighting key events across each phase of the attack phase
Figure 1: Attack flow diagram highlighting key events across each phase of the attack phase [2][5].

Darktrace coverage

In November of 2025, suspicious behavior indicative of the malicious abuse of NetSupport Manager was observed on multiple customers across Europe, the Middle East, and Africa (EMEA) and the Americas (AMS).

While open-source intelligence (OSINT) has reported that, in a recent campaign, a threat actor impersonated government entities to trick users in organizations in the Information Technology, Government and Financial Services sectors in Central Asia into downloading NetSupport Manager [8], approximately a third of Darktrace’s affected customers in November were based in the US while the rest were based in EMEA. This contrast underscores how widely NetSupport Manager is leveraged by threat actors and highlights its accessibility as an initial access tool.  

The Darktrace customers affected were in sectors including Information and Communication, Manufacturing and Arts, entertainment and recreation.

The ClickFix social engineering tactic typically used to distribute the NetSupport RAT is known to target multiple industries, including Technology, Manufacturing and Energy sectors [9]. It also reflects activity observed in the campaign targeting Central Asia, where the Information Technology sector was among those affected [8].

The prevalence of affected Education customers highlights NetSupport’s marketing focus on the Education sector [10]. This suggests that threat actors are also aware of this marketing strategy and have exploited the trust it creates to deploy NetSupport Manager and gain access to their targets’ systems. While the execution of the PowerShell commands that led to the installation of NetSupport Manager falls outside of Darktrace's purview in cases identified, Darktrace was still able to identify a pattern of devices making connections to multiple rare external domains and IP addresses associated with the NetSupport RAT, using a wide range of ports over the HTTP protocol. A full list of associated domains and IP addresses is provided in the Appendices of this blog.

Although OSINT identifies multiple malicious domains and IP addresses as used as C2 servers, signature-based detections of NetSupport RAT indicators of compromise (IoCs) may miss broader activity, as new malicious websites linked to the RAT continue to appear.

Darktrace’s anomaly‑based approach allows it to establish a normal ‘pattern of life’ for each device on a network and identify when behavior deviates from this baseline, enabling the detection of unusual activity even when it does not match known IoCs or tactics, techniques and procedures (TTPs).

In one customer environment in late 2025, Darktrace / NETWORK detected a device initiating new connections to the rare external endpoint, thetavaluemetrics[.]com (74.91.125[.]57), along with the use of a previously unseen user agent, which it recognized as highly unusual for the network.

Darktrace’s detection of HTTP POST requests to a suspicious URI and new user agent usage.
Figure 2: Darktrace’s detection of HTTP POST requests to a suspicious URI and new user agent usage.

Darktrace identified that user agent present in connections to this endpoint was the ‘NetSupport Manager/1.3’, initially suggesting legitimate NetSupport Manager activity. Subsequent investigation, however, revealed that the endpoint was in fact a malicious NetSupportRAT C2 endpoint [12]. Shortly after, Darktrace detected the same device performing HTTP POST requests to the URI fakeurl[.]htm. This pattern of activity is consistent with OSINT reporting that details communication between compromised devices and NetSupport Connectivity Gateways functioning as C2 servers [11].

Conclusion

As seen not only with NetSupport Manager but with any legitimate or open‑source software used by IT and security professionals, the legitimacy of a tool does not prevent it from being abused by threat actors. Open‑source software, especially tools with free or trial versions such as NetSupport Manager, remains readily accessible for malicious use, including network compromise. In an age where remote work is still prevalent, validating any anomalous use of software and remote management tools is essential to reducing opportunities for unauthorized access.

Darktrace’s anomaly‑based detection enables security teams to identify malicious use of legitimate tools, even when clear signatures or indicators of compromise are absent, helping to prevent further impact on a network.


Credit to George Kim (Analyst Consulting Lead – AMS), Anna Gilbertson (Senior Cyber Analyst)

Edited by Ryan Traill (Analyst Content Lead)

Appendices

Darktrace Model Alerts

·       Compromise / Suspicious HTTP and Anomalous Activity

·       Compromise / New User Agent and POST

·       Device / New User Agent

·       Anomalous Connection / New User Agent to IP Without Hostname

·       Anomalous Connection / Posting HTTP to IP Without Hostname

·       Anomalous Connection / Multiple Failed Connections to Rare Endpoint

·       Anomalous Connection / Application Protocol on Uncommon Port

·       Anomalous Connection / Multiple HTTP POSTs to Rare Hostname

·       Compromise / Beaconing Activity To External Rare

·       Compromise / HTTP Beaconing to Rare Destination

·       Compromise / Agent Beacon (Medium Period)

·       Compromise / Agent Beacon (Long Period)

·       Compromise / Quick and Regular Windows HTTP Beaconing

·       Compromise / Sustained TCP Beaconing Activity To Rare Endpoint

·       Compromise / POST and Beacon to Rare External

Indicators of Compromise (IoCs)

Indicator           Type     Description

/fakeurl.htm URI            NetSupportRAT C2 URI

thetavaluemetrics[.]com        Connection hostname              NetSupportRAT C2 Endpoint

westford-systems[.]icu            Connection hostname              NetSupportRAT C2 Endpoint

holonisz[.]com                Connection hostname              NetSupportRAT C2 Endpoint

heaveydutyl[.]com      Connection hostname              NetSupportRAT C2 Endpoint

nsgatetest1[.]digital   Connection hostname              NetSupportRAT C2 Endpoint

finalnovel[.]com            Connection hostname              NetSupportRAT C2 Endpoint

217.91.235[.]17              IP             NetSupportRAT C2 Endpoint

45.94.47[.]224                 IP             NetSupportRAT C2 Endpoint

74.91.125[.]57                 IP             NetSupportRAT C2 Endpoint

88.214.27[.]48                 IP             NetSupportRAT C2 Endpoint

104.21.40[.]75                 IP             NetSupportRAT C2 Endpoint

38.146.28[.]242              IP             NetSupportRAT C2 Endpoint

185.39.19[.]233              IP             NetSupportRAT C2 Endpoint

45.88.79[.]237                 IP             NetSupportRAT C2 Endpoint

141.98.11[.]224              IP             NetSupportRAT C2 Endpoint

88.214.27[.]166              IP             NetSupportRAT C2 Endpoint

107.158.128[.]84          IP             NetSupportRAT C2 Endpoint

87.120.93[.]98                 IP             Rhadamanthys C2 Endpoint

References

  1. https://mspalliance.com/netsupport-debuts-netsupport-24-7/
  2. https://blogs.vmware.com/security/2023/11/netsupport-rat-the-rat-king-returns.html
  3. https://redcanary.com/threat-detection-report/threats/netsupport-manager/
  4. https://www.elastic.co/guide/en/security/8.19/netsupport-manager-execution-from-an-unusual-path.html
  5. https://rewterz.com/threat-advisory/netsupport-rat-delivered-through-spoofed-verification-pages-active-iocs
  6. https://thehackernews.com/2025/11/new-evalusion-clickfix-campaign.html
  7. https://corelight.com/blog/detecting-netsupport-manager-abuse
  8. https://thehackernews.com/2025/11/bloody-wolf-expands-java-based.html
  9. https://unit42.paloaltonetworks.com/preventing-clickfix-attack-vector
  10. https://www.netsupportsoftware.com/education-solutions
  11. https://www.esentire.com/blog/unpacking-netsupport-rat-loaders-delivered-via-clickfix
  12. https://threatfox.abuse.ch/browse/malware/win.netsupportmanager_rat/
  13. https://www.virustotal.com/gui/url/5fe6936a69c786c9ded9f31ed1242c601cd64e1d90cecd8a7bb03182c47906c2

Continue reading
About the author
George Kim
Analyst Consulting Lead – AMS
Your data. Our AI.
Elevate your network security with Darktrace AI