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Hackers Wield Commoditized Tools to Pop West African Banks

Hackers-wield-commoditized-tools-to-pop-west-african-banks-showcase_image-1-a-11957

Anti-Malware , Cybercrime , Endpoint Security

Hackers Wield Commoditized Tools to Pop West African Banks Attackers Combine Off-the-Shelf Hacking Tools With Legitimate Admin Utilities Mathew J. Schwartz (euroinfosec) • January 21, 2019 Source: Symantec

Security firm Symantec warns that at least four different online attack campaigns have been targeting banks in West Africa since mid-2017, which all may be the work of one group.

See Also: Key Drivers to Enable Digital Transformation in Financial Services

The attack campaigns have targeted banks in Cameroon, the Democratic Republic of Congo, Equatorial Guinea, Ghana and Ivory Coast, researchers at Symantec say in a blog post.

In a reminder that hackers often do not need to reinvent the wheel, the security firm notes that all of the attacks appear to be using commonly available, off-the-shelf attack tools, together with "living off the land" tactics, which refers to using legitimate tools on an already compromised system...(continued)

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