Italian corporate banking clients are the target of an ongoing financial fraud campaign that has been leveraging a new web-inject toolkit called drIBAN since at least 2019.
“The main goal of drIBAN fraud operations is to infect Windows workstations inside corporate environments trying to alter legitimate banking transfers performed by the victims by changing the beneficiary and transferring money to an illegitimate bank account,” Cleafy researchers Federico Valentini and Alessandro Strino said.
The bank accounts, per the Italian cybersecurity firm, are either controlled by the threat actors themselves or their affiliates, who are then tasked with laundering the stolen funds.
The fraudulent transactions are often realized by means of a technique called Automated Transfer System (ATS) that’s capable of bypassing anti-fraud systems put in place by banks and initiating unauthorized wire transfers from a victim’s own computer.
The attack chain begins with a certified email (or PEC email) in an attempt to lull victims into a false sense of security. These phishing emails come bearing an executable file that acts as a downloader for a malware called sLoad (aka Starslord loader).
A PowerShell loader, sLoad is a reconnaissance tool that collects and exfiltrates information from the compromised host, with the purpose of assessing the target and dropping a more significant payload like Ramnit if the target is deemed profitable.
sLoad also leverages living-off-the-land (LotL) techniques by abusing legitimate Windows tools like PowerShell and BITSAdmin as part of its evasion mechanisms.
Another characteristic of the malware is its ability to check against a predefined list of corporate banking institutions to determine if the hacked workstation is one among the targets, and if so, proceed with the infection.
Source: https://thehackernews.com/
