Wizard Spider predominantly engages in financially motivated attacks, carrying out high-profile Big-Game-Hunting (BGH) ransomware campaigns. They aim to maximize monetary gain, frequently targeting critical infrastructure and large enterprises.

The group relies heavily on phishing campaigns with malicious attachments or links to gain initial access. They also deploy commodity loaders like TrickBot, BazarLoader, and compromised credentials. Once inside, they leverage tools like PowerShell, Cobalt Strike, and custom malware to move laterally and maintain persistence.

Wizard Spider uses advanced procedures, including data exfiltration and double extortion tactics, where sensitive data is stolen prior to encryption and leveraged to pressure victims into paying ransom. They iterate quickly, adapting to circumvent detection measures and improve operational impact.