A critical flaw, CVE-2024-40711, in Veeam Backup & Replication has been exploited to deploy Frag ransomware.
Sophos researchers warned about the exploitation of the vulnerability, which allowed the creation of rogue accounts and malware deployment.
Veeam released security updates in September 2024, fixing 18 high and critical severity flaws. The most severe one was the CVE-2024-40711 impacting Veeam Backup & Replication.
Threat actors exploited the Veeam vulnerability to spawn net.exe and create a local account named 'point' to deploy ransomware such as Fog and Akira. Sophos recently found instances of Frag ransomware being deployed through the same exploit.