A hackers-for-hire operation has been discovered using a strain of previously undocumented malware to target South Asian financial institutions and global entertainment companies.
Dubbed “CostaRicto” by Blackberry researchers, the campaign appears to be the handiwork of APT mercenaries who possess bespoke malware tooling and complex VPN proxy and SSH tunneling capabilities.
“CostaRicto targets are scattered across different countries in Europe, Americas, Asia, Australia and Africa, but the biggest concentration appears to be in South Asia (especially India, Bangladesh and Singapore and China), suggesting that the threat actor could be based in that region, but working on a wide range of commissions from diverse clients,” the researchers said.
The modus operandi in itself is quite straight-forward. Upon gaining an initial foothold in the target’s environment via stolen credentials,…