Lucian Constantin
CSO Senior Writer

Recent malware attacks on Polish banks tied to wider hacking campaign

News
Feb 13, 20173 mins

Hackers targeted more than 100 organizations in more than 30 countries

euro bills
Credit: Lucian Constantin/IDGNS

Malware attacks that recently put the Polish banking sector on alert were part of a larger campaign that targeted financial organizations from more than 30 countries.

Researchers from Symantec and BAE Systems linked the malware used in the recently discovered Polish attack to similar attacks that have taken place since October in other countries. There are also similarities to tools previously used by a group of attackers known in the security industry as Lazarus.

The hackers compromised websites that were of interest to their ultimate targets, a technique known as watering hole attacks. They then injected code into them that redirected visitors to a custom exploit kit.

The exploit kit contained exploits for known vulnerabilities in Silverlight and Flash Player and the exploits only activated for visitors who had Internet Protocol addresses from specific ranges.

“These IP addresses belong to 104 different organizations located in 31 different countries,” researchers from Symantec said in a blog post Sunday. “The vast majority of these organizations are banks, with a small number of telecoms and internet firms also on the list.”

In the case of the targeted Polish banks, it’s suspected that the malicious code was hosted on the website of the Polish Financial Supervision Authority, the government watchdog for the banking sector. The BAE Systems researchers found evidence that similar code pointing to the custom exploit kit was present on the website of the National Banking and Stock Commission of Mexico in November. This is the Mexican equivalent to the Polish Financial Supervision Authority.

The same code was also found on the website of the Banco de la República Oriental del Uruguay, the largest state-owned bank from the South American country, according to BAE Systems.

Included in the list of targeted IP addresses were those of 19 organizations from Poland, 15 from the U.S., nine from Mexico, seven from the U.K., and six from Chile.

The payload of the exploits was a previously unknown malware downloader that Symantec now calls Downloader.Ratankba. Its purpose is to download another malicious program that can gather information from the compromised system. This second tool has code similarities to malware used in the past by the Lazarus group.

Lazarus has been operating since 2009 and has largely focused on targets from the U.S. and South Korea in the past, the Symantec researchers said. The group is also suspected of being involved in the theft of US$81 million from the central bank of Bangladesh last year. In that attack, hackers used malware to manipulate the computers used by the bank to operate money transfers over the SWIFT network.

“The technical/forensic evidence to link the Lazarus group actors … to the watering-hole activity is unclear,” the BAE Systems researchers said in a blog post Sunday. “However, the choice of bank supervisor and state-bank websites would be apt, given their previous targeting of central banks for heists — even when it serves little operational benefit for infiltrating the wider banking sector.”

Lucian Constantin

Lucian Constantin writes about information security, privacy, and data protection for CSO. Before joining CSO in 2019, Lucian was a freelance writer for VICE Motherboard, Security Boulevard, Forbes, and The New Stack. Earlier in his career, he was an information security correspondent for the IDG News Service and Information security news editor for Softpedia.

Before he became a journalist, Lucian worked as a system and network administrator. He enjoys attending security conferences and delving into interesting research papers. He lives and works in Romania.

You can reach him at lucian_constantin@foundryco.com or @lconstantin on X. For encrypted email, his PGP key's fingerprint is: 7A66 4901 5CDA 844E 8C6D 04D5 2BB4 6332 FC52 6D42

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