The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday urged Fortinet customers with FortiGate appliances to take steps to secure against ongoing malicious activity aimed at thousands of internet-accessible devices.
The sweeping campaign, believed to be the work of Russian-speaking threat actors, has been codenamed FortiBleed. The number of compromised devices stands at 86,644 as of June 19, 2026.
According to data from SOCRadar, generic admin accounts (35%) and built-in Fortinet system accounts (28.3%) together make up the majority of compromised credentials. Organization-specific accounts account for 36.7% of the remaining breached credentials.
“This points directly to a widespread failure to rename default accounts or rotate factory credentials, giving the attacker a highly reliable target list before any brute force was even needed,” SOCRadar said.
“Org-specific accounts topping the list is significant. It means the attacker is not just harvesting default credentials but has also successfully compromised accounts created by the organizations themselves, possibly sourced from prior breaches where passwords were never changed.”
Telecom, government, and education have emerged as the top three impacted sectors, with the most exposures located in India, the U.S., Mexico, Colombia, and Thailand.
The threat actor is said to have mass-scanned the internet for Fortinet remote login endpoints, and then employed a bespoke tool to spray those identified endpoints with known login and password combinations in an attempt to break into them.
The fully-automated attack is built around a self-sustaining, two-step approach –
The credentials are legitimate and valid, with the attackers verifying each of them before they are added to a database of confirmed, working logins.
“The scale of this breach touches nearly every sector of the global economy, sparing no industry,” Hudson Rock said. “The threat actors have built a verified database of working credentials for some of the largest enterprises on the planet.”
It’s suspected that the threat actors likely exploited older credential hashing mechanisms and the way credentials have historically been stored within FortiGate configuration files to pull off the large-scale attack.
“Fortinet introduced PBKDF2-based password hashing for administrator credentials in FortiOS 7.2.11, 7.4.8, and 7.6.1, replacing the legacy SHA-256-based storage mechanism,” Arctic Wolf said. “However, when upgrading from earlier versions, existing administrator passwords remain stored as SHA-256 hashes until the corresponding administrator successfully logs in following the upgrade.”
“As a result, many organizations likely continue to store administrator credentials using older SHA-256 with Salt hashing mechanisms.”
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