SWIFT attackers’ malware linked to more financial attacks
May 2016 by Symantec
Symantec has found evidence that a bank in the Philippines has also been attacked by the group that stole US$81 million from the Bangladesh central bank and attempted to steal over $1 million from the Tien Phong Bank in Vietnam.
Malware used by the group was also deployed in targeted attacks against a bank in the Philippines. In addition to this, some of the tools used share code similarities with malware used in historic attacks linked to a threat group known as Lazarus. The attacks can be traced back as far as October 2015, two months prior to the discovery of the failed attack in Vietnam, which was hitherto the earliest known incident.
The attack against the Bangladesh central bank triggered an alert by payments network SWIFT, after it was found the attackers had used malware to cover up evidence of fraudulent transfers. SWIFT issued a further warning, saying that it had found evidence of malware being used against another bank in a similar fashion. Vietnam’s Tien Phong Bank subsequently stated that it intercepted a fraudulent transfer of over $1 million in the fourth quarter of last year. SWIFT concluded that the second attack indicates that a “wider and highly adaptive campaign” is underway targeting banks.
A third bank, Banco del Austro in Ecuador, was also reported to have lost $12 million to attackers using fraudulent SWIFT transactions. However, no details are currently known about the tools used in this incident or if there are any links to the attacks in Asia.
Discovery of additional tools used by attackers
Symantec has identified three pieces of malware which were being used in limited targeted attacks against the financial industry in South-East Asia: Backdoor.Fimlis, Backdoor.Fimlis.B, and Backdoor.Contopee. At first, it was unclear what the motivation behind these attacks were, however code sharing between Trojan.Banswift (used in the Bangladesh attack used to manipulate SWIFT transactions) and early variants of Backdoor.Contopee provided a connection.
While analyzing samples of Trojan.Banswift, a distinct file wiping code was found. Some of the distinctive properties of the wiping code include:
Function takes two parameters: path of file to overwrite and number of iterations (max six)
It will initially overwrite the last byte of the target file with 0x5F
Six “control” bytes are supplied which dictate what bytes are used during the overwrite process
Already this code looked fairly unique. What was even more interesting was that when we searched for additional malware containing the exact combination of “control” bytes, an early variant of Backdoor.Contopee and the “msoutc.exe” sample already discussed in the recent BAE blog analyzing the Bangladesh attack were also found.
Symantec believes distinctive code shared between families and the fact that Backdoor.Contopee was being used in limited targeted attacks against financial institutions in the region, means these tools can be attributed to the same group.
Backdoor.Contopee has been previously used by attackers associated with a broad threat group known as Lazarus. Lazarus has been linked to a string of aggressive attacks since 2009, largely focused on targets in the US and South Korea. The group was linked to Backdoor.Destover, a highly destructive Trojan that was the subject of an FBI warning after it was used in an attack against Sony Pictures Entertainment. The FBI concluded that the North Korean government was responsible for this attack.
The group was the target of a cross-industry initiative known as Operation Blockbuster earlier this year, which involved major security vendors sharing intelligence and resources in order to assist commercial and government organizations in protecting themselves against Lazarus. As part of the initiative, vendors are circulating malware signatures and other useful intelligence related to these attackers.
The discovery of more attacks provides further evidence that the group involved is conducting a wide campaign against financial targets in the region. While awareness of the threat posed by the group has now been raised, its initial success may prompt other attack groups to launch similar attacks. Banks and other financial institutions should remain vigilant.
Symantec and Norton products protect against these threats with the following detections: