Cyberespionage Group Attacking M&A, Corporate Transactions Personnel

Cyberespionage Group Attacking M_amp;A_ Corporate Transactions Personnel

Mandiant security experts have discovered a new hacking outfit that specializes in cyberespionage and targets personnel in charge of business development, significant corporate transactions, and mergers and acquisitions.

The gang managed to stay under the radar, according to Mandiant, in part by installing backdoors on appliances that don’t support security technologies, but also by demonstrating a high level of operational security and evasive skills.

According to Mandiant, the group has a modest malware footprint, has established a massive Internet of Things (IoT) botnet, and focuses on keeping permanent access to target environments by deploying multiple ways to quickly re-compromise a network after being booted.

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