“Bloody” Ransomware Gang Targets US Education Sector Through Vulnerable PaperCut Servers

The education sector in the US has recently been targeted by the Bl00dy Ransomware Gang, who have been exploiting vulnerable PaperCut servers. According to a joint advisory by the Federal Bureau of Investigation (FBI) and Cybersecurity and Infrastructure Security Agency (CISA), the attacks occurred in early May 2021.

The Bloody Ransomware Gang has gained access to victim networks across the Education Facilities Subsector, where PaperCut servers that were vulnerable to CVE-2023-27350 were exposed to the internet. This has given the attackers the opportunity to exfiltrate data and encrypt victim systems.

The exploitation of CVE-2023-27350, a critical security flaw that enables remote code execution, has been observed since mid-April 2023. The vulnerability affects some versions of PaperCut MF and NG, which attackers have used as a means of entry to victim networks.

The attackers left ransom notes on the compromised systems, demanding payment in exchange for decrypting encrypted files. The incidents have caused significant disruptions to the education sector, which has proven to be a prime target for cyberattacks.

CVE-2023-27350: A critical security flaw

CVE-2023-27350 is a now-patched critical security flaw affecting some versions of PaperCut MF and NG. It enables remote actors to bypass authentication and conduct remote code execution, providing a gateway for attackers to compromise victim networks.

The exploitation of the vulnerability has been ongoing since mid-April 2021, with malicious actors deploying it to drop additional payloads such as Cobalt Strike Beacons, DiceLoader, and TrueBot on compromised systems. The attackers primarily weaponized the vulnerability to deploy legitimate remote management and maintenance (RMM) software.

Exploitation of CVE-2023-27350 to Drop Cryptocurrency Miner

eSentire, a cybersecurity firm, recently uncovered new activities targeting an unnamed education sector customer. The activity involved the exploitation of CVE-2023–27350 to drop an XMRig cryptocurrency miner. This is indicative of the increasing trend of attackers deploying cryptocurrency miners as a means of monetizing their attacks.

PaperCut Print Management Servers have been targeted by Iranian state-sponsored threat groups

As if the education sector wasn’t facing enough trouble, Microsoft recently revealed that Iranian state-sponsored threat groups, Mango Sandstorm (aka MuddyWater or Mercury), and Mint Sandstorm (aka Phosphorus), have been targeting PaperCut print management servers.

These threat groups have been deploying sophisticated hacking tools with complex capabilities including droppers, loaders, and command-and-control (C2) servers to exfiltrate sensitive data. The attacks have highlighted the need for organizations to bolster their cybersecurity defenses against a range of cyber threats.

The Bloody Ransomware Gang’s attacks against the education sector in the US demonstrate the growing threat that the sector faces from cyberattacks. The exploitation of the CVE-2023-27350 vulnerability highlights the importance of promptly patching vulnerabilities in software and systems to protect against potential exploits.

With cybercriminals and state-sponsored threat groups deploying increasingly advanced attack methods, organizations across all sectors must step up their cybersecurity game to safeguard their networks and data against attacks. It is essential to develop robust cybersecurity strategies that can detect and respond to attacks before they cause significant damage.

Explore more

Trend Analysis: Maritime Data Quality and Digitalization

The global shipping industry is currently grappling with a paradox where massive investments in high-end software often result in negligible improvements to the bottom line because the underlying data is essentially unreadable. For years, the narrative around maritime progress has been dominated by the allure of autonomous hulls and hyper-intelligent algorithms, yet the reality on the bridge and in the

Trend Analysis: AI Agents in ERP Workflows

The fundamental nature of enterprise resource planning is undergoing a radical transformation as the age of the passive data repository gives way to a dynamic environment where autonomous agents manage the heaviest administrative burdens. Businesses are no longer content with software that merely records what has happened; they now demand systems that anticipate needs and execute complex tasks with minimal

Why Is Finance Moving Business Central Reporting to Excel?

Finance leaders today are discovering that the rigid architecture of an enterprise resource planning system often acts more as a cage for their data than a springboard for strategic insight. While Microsoft Dynamics 365 Business Central serves as a formidable engine for transaction processing, many organizations are intentionally migrating their primary reporting workflows toward Microsoft Excel. This transition represents a

Dynamics GP to Business Central Migration – Review

Maintaining an aging on-premise ERP system in 2026 feels increasingly like trying to navigate a modern high-speed railway using a vintage steam engine’s schematics. For decades, Microsoft Dynamics GP, formerly known as Great Plains, served as the bedrock for mid-market American enterprises, providing a sturdy, if rigid, framework for accounting and inventory management. However, as the industry moves toward 2029—the

Why Use Statistical Accounts in Dynamics 365 Business Central?

Managing a modern enterprise requires more than just tracking the movement of dollars and cents across various general ledger accounts during a fiscal period. Financial clarity often depends on non-monetary metrics like employee headcount, physical floor space, or the total volume of customer interactions to provide context for the raw numbers. These metrics, known as statistical accounts, allow controllers to