Cybercriminals hijacked a government server to send sophisticated malware to U.S. companies

A Eastern European hacking group hijacked U.S. state government servers to dispense malware through phishing emails that were designed to appear like they had come from the Securities and Exchange Commission, according to research by Cisco’s Talos team and an analysis by other cybersecurity experts familiar with the activity. The technical findings connect a known advanced persistent threat (APT) group, codenamed FIN7 by U.S. cybersecurity firm FireEye, to a sophisticated intrusion technique that was detected in a recent wave of spoofed emails that mimicked the SEC’s domain. The messages carried malware-laden Microsoft Word documents mentioning financial disclosure information from the EDGAR system. FIN7 is believed to represent a eastern European criminal enterprise that speaks Russian and operates internationally. Emails tied to this campaign were “highly targeted” and only sent to a small, select group of U.S. businesses in several different industry sectors, including finance, insurance and information technology, said Craig Williams, a senior […]

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