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Hackers Use Compromised Banks as Starting Points for Phishing Attacks - BleepingComputer

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Cybercriminals attacking banks and financial organizations use their foothold in a compromised infrastructure to gain access to similar targets in other regions or countries.

In a report released today and shared with BleepingComputer, international security company Group-IBspecialized in preventing cyber attacks describes a so calledcross-border domino-effect that can lead to spreading an infection beyond the initial target. The reportis based on information from incident response work conducted in 2018 by the company's team of computer forensics experts.

Chaining attacks for maximum gain

The incident response activities at various financial institutions revealed that in some cases the attacker used their access to send emails to other banks and payment systems.

"So the threat actor definitely carried out attacks beyond its initial targets," a company representative told us.

One example comes from a bank in Russia, which the attacker used to deliver phishing emails to...(continued)

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