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Cobalt Hackers Now Targeting Banks Directly

The notorious Cobalt hackers have shown a change in tactics recently, switching their attacks to targeting banks themselves, instead of bank customers, Trend Micro reports.

Newly observed attacks appear to be part of a larger campaign that started in June and July with the targeting of Russian-speaking businesses. The techniques used are consistent with those associated with the Cobalt hacking group, but new infection chains were observed in recent incidents that targeted the bank’s employees.

Named after multifunctional penetration testing tool Cobalt Strike, the hacking group has been hitting ATMs and financial institutions across Europe. Unlike other groups that avoid Russia or Russian-speaking countries, Cobalt appears to be using the region as a testing ground for new malware and techniques, the same as the Lurk cybercriminal group, Trend Micro notes.

Last year, Russian authorities arrested 50 individuals associated with the use of the Lurk banking Trojan and...(continued)

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