Back to Intelligence

PLAY Ransomware Gang: Construction & Finance Sector Surge — Firewall & Remote Access Exploitation

SA
Security Arsenal Team
July 4, 2026
7 min read

Date: 2026-07-05
Source: Ransomware.live & Dark Web Leak Site Monitoring
Actor: PLAY (also known as Playcrypt)


Threat Actor Profile — PLAY

  • Aliases: Play, Playcrypt
  • Model: Closed-group operation (recently shifted away from formal RaaS affiliation to maintain tighter operational security).
  • Ransom Demands: Variable, typically ranging from $500,000 to several million USD, based on victim revenue.
  • Initial Access Vectors: Historically reliant on exploiting exposed vulnerabilities in VPNs and remote management tools (Fortinet, Citrix, and now actively ConnectWise ScreenConnect). They also leverage valid credentials obtained via info-stealers or initial access brokers.
  • Tactics: Aggressive "Triple Extortion" (Data Encryption + Data Leak + DDoS). Known for using custom tools written in Rust and C++.
  • Dwell Time: PLAY operates with a frighteningly short dwell time, often averaging 3 to 4 days between initial access and encryption, leaving little room for reaction.

Current Campaign Analysis

Targeting Overview

Based on intelligence pulled from the PLAY leak site on 2026-07-05, the group is actively concentrating efforts on specific verticals in the ANZ and US regions.

  • Targeted Sectors:

    • Construction (66%): High targeting of architectural and construction firms (e.g., Locati Architects, Western Construction). This sector often relies heavily on file-sharing for blueprints and may have decentralized IT security.
    • Financial Services (33%): Targeting smaller to mid-sized insurance firms (e.g., Silvestri & Associates) rather than top-tier banks, likely due to softer perimeters.
  • Geographic Concentration:

    • Australia (AU): New geographic vector for this campaign.
    • United States (US): Continued primary focus.
  • Victim Profile:

    • Mid-market entities with estimated revenues between $10M - $100M. These organizations often possess valuable IP (construction designs) or sensitive PII (insurance data) but lack 24/7 SOC monitoring.
  • Posting Frequency:

    • 3 victims posted in the last 100 hours suggests a manual, deliberate selection process rather than automated mass-spamming.
  • CVE Correlation:

    • The campaign overlaps with the active exploitation of CVE-2024-1708 (ConnectWise ScreenConnect). This authentication bypass allows PLAY to gain immediate RDP-level access to managed service providers (MSPs) or internal IT teams managing the victims.
    • CVE-2026-50751 (Check Point) and CVE-2026-20131 (Cisco FMC) indicate the group is actively testing or exploiting perimeter firewall vulnerabilities to establish persistent C2 channels before moving laterally.

Detection Engineering

SIGMA Rules

YAML
---
title: Potential ConnectWise ScreenConnect Authentication Bypass
id: 8e54b0d6-3a5c-4d5e-9f2a-1b7d8e9c0a1b
status: experimental
description: Detects potential exploitation of CVE-2024-1708 involving path traversal in ScreenConnect web requests.
references:
    - https://cisa.gov/known-exploited-vulnerabilities-catalog
author: Security Arsenal Research
date: 2026/07/05
tags:
    - attack.initial_access
    - cve.2024.1708
    - ransomware.play
logsource:
    category: webserver
    product: null
detection:
    selection:
        cs-uri-query|contains:
            - '/Guest.'
            - '../'
        c-uri|contains: 
            - 'SetupWizard'
            - 'Login'
    condition: selection
falsepositives:
    - Unusual but legitimate administrative access
level: critical
---
title: Suspicious PowerShell Deserialization via Exchange or Cisco Management
id: f4c3e2d1-0b9a-4c5d-8e1f-2a3b4c5d6e7f
status: experimental
description: Detects suspicious PowerShell execution patterns often associated with deserialization exploits (CVE-2023-21529, CVE-2026-20131) used by PLAY for initial access or lateral movement.
references:
    - https://cisa.gov/known-exploited-vulnerabilities-catalog
author: Security Arsenal Research
date: 2026/07/05
tags:
    - attack.execution
    - attack.t1059.001
    - ransomware.play
logsource:
    product: windows
    service: security
detection:
    selection:
        EventID: 4688
        NewProcessName|endswith: 
            - '\powershell.exe'
            - '\pwsh.exe'
        ParentProcessName|contains:
            - '\w3wp.exe' # IIS/Exchange
            - '\java.exe'  # Cisco FMC/Management consoles often Java-based
    filter_legit:
        SubjectUserName: 
            - 'SYSTEM'
            - 'NETWORK SERVICE'
    condition: selection and not filter_legit
falsepositives:
    - Legitimate administration via management consoles
level: high
---
title: PLAY Ransomware Lateral Movement via PsExec or WMI
id: a1b2c3d4-e5f6-4a7b-8c9d-0e1f2a3b4c5d
status: experimental
description: Detects lateral movement indicators commonly used by PLAY group, specifically PsExec and WMI command line execution.
references:
    - Internal Play Ransomware Telemetry
author: Security Arsenal Research
date: 2026/07/05
tags:
    - attack.lateral_movement
    - attack.t1021.002
    - attack.t1047
logsource:
    product: windows
    service: security
detection:
    selection_psexec:
        EventID: 4688
        NewProcessName|contains: '\psexec.exe'
        CommandLine|contains: 
            - '-accepteula'
            - '\\'
    selection_wmi:
        EventID: 4688
        NewProcessName|endswith: '\wmiprvse.exe'
        ParentProcessName|endswith: '\svchost.exe'
    condition: 1 of selection*
falsepositives:
    - Administrative IT tasks
level: medium

KQL (Microsoft Sentinel)

KQL — Microsoft Sentinel / Defender
// Hunt for PLAY staging and lateral movement activities
// Focuses on rare process executions and network connections associated with their tooling
let TimeFrame = 1d;
let ProcessCreation = 
    SecurityEvent
    | where TimeGenerated > ago(TimeFrame)
    | where EventID == 4688
    | project TimeGenerated, Computer, Account, SubjectUserName, NewProcessName, CommandLine, ParentProcessName;
let SuspiciousProcesses = 
    ProcessCreation
    | where NewProcessName in~ ("C:\\Windows\\System32\\powershell.exe", "C:\\Windows\\System32\\cmd.exe", "C:\\Windows\\System32\\wbem\\wmiprvse.exe")
    | extend EncodedScript = extract(@"-Enc(?:odedCommand)?\s+([A-Za-z0-9+/=]+)", 1, CommandLine)
    | where isnotempty(EncodedScript);
let NetworkConnections = 
    DeviceNetworkEvents
    | where TimeGenerated > ago(TimeFrame)
    | where InitiatingProcessFileName in~ ("powershell.exe", "cmd.exe", "wscript.exe", "cscript.exe")
    | summarize count() by DeviceName, InitiatingProcessFileName, RemoteUrl, RemotePort;
SuspiciousProcesses
| join kind=leftouter NetworkConnections on $left.Computer == $right.DeviceName
| project TimeGenerated, Computer, Account, CommandLine, RemoteUrl, RemotePort
| order by TimeGenerated desc

PowerShell (Rapid Response)

PowerShell
<#
.SYNOPSIS
    PLAY Ransomware Rapid Response Script
.DESCRIPTION
    Checks for indicators of PLAY ransomware staging: Scheduled Tasks, recent Shadow Copy manipulation,
    and unusual SMB connections.
#>

Write-Host "[+] Starting PLAY Ransomware Rapid Response Check..." -ForegroundColor Cyan

# 1. Check for Scheduled Tasks created in the last 7 days (Common persistence)
Write-Host "[*] Checking for Scheduled Tasks created/modified in last 7 days..." -ForegroundColor Yellow
$schTasks = Get-ScheduledTask | Where-Object {$_.Date -gt (Get-Date).AddDays(-7)}
if ($schTasks) {
    Write-Host "[!] ALERT: Found suspicious/recent scheduled tasks:" -ForegroundColor Red
    $schTasks | Select-Object TaskName, Date, Author | Format-Table -AutoSize
} else {
    Write-Host "[-] No suspicious tasks found." -ForegroundColor Green
}

# 2. Check for Shadow Copy Deletion Attempts (VssAdmin)
Write-Host "[*] Checking Event Logs for vssadmin delete shadow commands..." -ForegroundColor Yellow
$vssEvents = Get-WinEvent -FilterHashtable @{LogName='Security'; Id=4688; StartTime=(Get-Date).AddHours(-24)} -ErrorAction SilentlyContinue | 
              Where-Object {$_.Message -match 'vssadmin.exe' -and $_.Message -match 'delete'}
if ($vssEvents) {
    Write-Host "[!] ALERT: Potential Shadow Copy deletion detected." -ForegroundColor Red
    $vssEvents | Select-Object TimeCreated, Message | Format-List
} else {
    Write-Host "[-] No Shadow Copy deletion attempts found." -ForegroundColor Green
}

# 3. Check for unusual processes (Play often uses tools like Advanced IP Scanner or SoftPerfect)
Write-Host "[*] Checking for reconnaissance tools in running processes..." -ForegroundColor Yellow
$proclist = @("advanced_ip_scanner", "softperfect", "netscan", "masscan")
$foundProcs = Get-Process | Where-Object {$proclist -like "*$($_.ProcessName)*"}
if ($foundProcs) {
    Write-Host "[!] ALERT: Suspicious reconnaissance tool running:" -ForegroundColor Red
    $foundProcs | Select-Object ProcessName, Id, Path | Format-Table -AutoSize
} else {
    Write-Host "[-] No known recon tools detected." -ForegroundColor Green
}

Write-Host "[+] Scan complete." -ForegroundColor Cyan


---

Incident Response Priorities

T-Minus Detection Checklist (Before Encryption)

  1. ScreenConnect Logs: Immediate review of ConnectWise ScreenConnect logs for SetupWizard or Guest authentication anomalies around the times of the victim postings (2026-06-30 to 2026-07-04).
  2. Firewall Telemetry: Check Check Point and Cisco FMC logs for abnormal IKEv1 handshakes or deserialization errors on management interfaces.
  3. MFA Fatigue: Look for spikes in failed MFA attempts on VPN or email portals, suggesting credential stuffing or MFA bombing.

Critical Assets Prioritized for Exfiltration

PLAY prioritizes data that disrupts business continuity:

  • Construction: AutoCAD files (.dwg), project blueprints, client contract databases.
  • Finance: Policyholder PII, claims databases, financial transaction logs.

Containment Actions (Order by Urgency)

  1. Isolate: Disconnect identified compromised hosts from the network immediately; do not shutdown (preserve memory artifacts).
  2. Reset Credentials: Force reset of all domain admin and service account credentials, especially for remote access tools.
  3. Block IP Addresses: Block any outbound C2 IP addresses observed in the initial access vectors.

Hardening Recommendations

Immediate (24 Hours)

  • Patch CVE-2024-1708: If ConnectWise ScreenConnect is in use, patch to the latest version immediately or restrict access to trusted IPs only.
  • Patch Perimeter: Apply updates for Check Point (CVE-2026-50751) and Cisco FMC (CVE-2026-20131) to prevent initial access via the perimeter.
  • Audit RDP: Disable RDP on internet-facing servers and enforce strict VPN access with MFA.

Short-term (2 Weeks)

  • Network Segmentation: Segment flat networks, particularly separating file servers containing blueprints (Construction) or PII (Finance) from general user workstations.
  • Implement EDR: Ensure Endpoint Detection and Response coverage is 100% on all critical servers, with specific telemetry for PowerShell and WMI activity enabled.

Related Resources

Security Arsenal Incident Response Managed SOC & MDR Services AlertMonitor Threat Detection From The Dark Side Intel Hub

darkwebransomware-gangplayplay-ransomwareconstructionfinancial-servicescve-2024-1708ransomware-intel

Is your security operations ready?

Get a free SOC assessment or see how AlertMonitor cuts through alert noise with automated triage.