Ransomware in the Supply Chain: What the DragonForce Attack Means for MSPs | #ransomware | #cybercrime


In a recent report by BleepingComputer, DragonForce—a rapidly rising ransomware group—breached a managed service provider (MSP) and leveraged its SimpleHelp remote monitoring and management (RMM) platform to infiltrate downstream customers.

Sophos, which investigated the attack, attributes the breach to a string of known SimpleHelp vulnerabilities (CVE-2024-57726 through CVE-2024-57728). Once inside, DragonForce actors conducted network reconnaissance, collected customer data, and ultimately launched double-extortion ransomware attacks. While some customers had endpoint protections in place, others were left exposed—resulting in encrypted systems and stolen data.

The implications are serious. This wasn’t a direct hit on a single business—it was a supply chain attack that used trusted MSP tools as a force multiplier. As noted in the article, MSPs are a prime target for ransomware gangs, and tools like SimpleHelp, Kaseya, and ConnectWise have become high-value vectors.

What This Reveals About Today’s Threat Landscape

This incident underscores how modern ransomware groups operate more like cyber cartels than isolated actors. DragonForce, linked to high-profile breaches at UK retailers Marks & Spencer and Co-op, is embracing a white-label RaaS (Ransomware-as-a-Service) model. That means more affiliates, more attacks, and greater risks—especially for service providers managing multiple environments.

Seceon’s Take: Real-Time Threat Detection, Not Just Response

Supply chain intrusions like this demand more than point solutions—they require end-to-end visibility and real-time, automated defense. As a leading ransomware detection company, Seceon helps MSPs and enterprises detect, stop, and respond to attacks across endpoints, networks, cloud, and user identities—all from a unified platform.

With built-in automated threat hunting, anomaly detection, and continuous behavioral analysis, Seceon’s aiXDR and aiSIEM solutions don’t just react to known IOCs—they proactively surface emerging threats before damage is done.

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The post Ransomware in the Supply Chain: What the DragonForce Attack Means for MSPs appeared first on Seceon Inc.

*** This is a Security Bloggers Network syndicated blog from Seceon Inc authored by Maggie MacAlpine. Read the original post at: https://seceon.com/ransomware-in-the-supply-chain-what-the-dragonforce-attack-means-for-msps/



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