{"id":5537,"date":"2025-07-22T10:03:39","date_gmt":"2025-07-22T10:03:39","guid":{"rendered":"https:\/\/serisec.com\/index.php\/2025\/07\/22\/greedy-sponge-hackers-attacking-financial-institutions-with-modified-version-of-allakore-rat\/"},"modified":"2025-07-22T10:03:39","modified_gmt":"2025-07-22T10:03:39","slug":"greedy-sponge-hackers-attacking-financial-institutions-with-modified-version-of-allakore-rat","status":"publish","type":"post","link":"https:\/\/serisec.com\/index.php\/2025\/07\/22\/greedy-sponge-hackers-attacking-financial-institutions-with-modified-version-of-allakore-rat\/","title":{"rendered":"Greedy Sponge Hackers Attacking Financial Institutions With Modified Version of AllaKore RAT"},"content":{"rendered":"<p>    Greedy Sponge Hackers Attacking Financial Institutions With Modified Version of AllaKore RAT<br \/>\n \t<BR><br \/>\n<BR><\/BR><br \/>\n    <!-- no image --><br \/>\n \t<BR><br \/>\n<BR><\/BR><\/p>\n<div>\n<p>A financially motivated threat group dubbed Greedy Sponge has been systematically targeting Mexican financial institutions and organizations since 2021 with a heavily modified version of the AllaKore remote access trojan (RAT).<\/p>\n<p>The campaign represents a sophisticated evolution of cybercriminal tactics, combining traditional social engineering with advanced technical capabilities designed specifically for financial fraud operations.<\/p>\n<p>The threat actors deploy their malware through spear-phishing <a href=\"https:\/\/cybersecuritynews.com\/incorporating-cybersec-credentials-into-marketing-campaigns\/\" target=\"_blank\" rel=\"noreferrer noopener\">campaigns<\/a> and drive-by downloads, utilizing trojanized Microsoft installer (MSI) files that masquerade as legitimate software updates.<\/p>\n<p>These malicious packages contain a .NET downloader component that retrieves the customized AllaKore payload from command-and-control servers hosted on Hostwinds infrastructure in Dallas, Texas.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEhwvXt0BNg9yzTuciqskiofOsjIrV90TBYbY-Jy-Q2nfwDwzupxjmALYHeA6lSW0aPZj2-70L_VnZD8bOQBieFVFWubRXEH83VG5eq4t0hYAFTwXlK5TmPNKNStHeaSF4acdvu3-x7FEnhW-lE5FlYYNvUPKb4xPLH-F8wSEMYw3YVcr_FYQZ7jeObf5ZY\/s16000\/Previous%2520and%2520current%2520execution%2520chains%2520%28Source%2520-%2520Arctic%2520Wolf%29.webp?ssl=1\" alt=\"\"><figcaption class=\"wp-element-caption\">Previous and current execution chains (Source \u2013 Arctic Wolf)<\/figcaption><\/figure>\n<\/div>\n<p>The attackers have demonstrated particular cunning in their geographic targeting, implementing server-side geofencing mechanisms that restrict payload delivery exclusively to systems located within Mexico.<\/p>\n<p>Arctic Wolf Labs researchers <a href=\"https:\/\/arcticwolf.com\/resources\/blog\/greedy-sponge-targets-mexico-with-allakore-rat-and-systembc\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">identified<\/a> significant enhancements to the threat group\u2019s operational capabilities, noting the integration of SystemBC as a secondary infection vector.<\/p>\n<p>This multi-platform malware proxy tool enables the attackers to establish persistent backdoor access and deploy additional malicious payloads as needed.<\/p>\n<p>The researchers observed that recent campaigns have moved away from client-side geographic filtering to server-side restrictions, making detection and analysis considerably more challenging for security teams.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Advanced Persistence and Evasion Mechanisms<\/strong><\/h2>\n<p>The modified AllaKore variant employs sophisticated persistence techniques that demonstrate the group\u2019s technical maturity.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEgRT4nM8xSGFIO2lNVBjgmsvCYIXaiEk4-Kb_WZlV0ucF75rgJV7BnOUEjvfrDaL_Arf53uq-Gx96wiqEi_9tyzaBNfxL_CkLNfmzVyoCjpJEIwnN41fFZoGNTxGu-l4bZg7PuuV6elHk3JwuJj3_3jVmjBEu4KYQ0qdMDJYq54If0l2cjh7GAHz31O_ko\/s16000\/Disassembly%2520of%2520AllaKore%25E2%2580%2599s%2520update%2520and%2520persistence%2520mechanism%2520%28Source%2520-%2520Arctic%2520Wolf%29.webp?ssl=1\" alt=\"\"><figcaption class=\"wp-element-caption\">Disassembly of AllaKore\u2019s update and persistence mechanism (Source \u2013 Arctic Wolf)<\/figcaption><\/figure>\n<\/div>\n<p>Upon successful infection, the <a href=\"https:\/\/cybersecuritynews.com\/malware-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">malware<\/a> establishes persistence by placing an updated version of itself in the system\u2019s Startup folder, retrieved from the URI endpoint <code>\/z1.txt<\/code>.<\/p>\n<p>The persistence mechanism is coupled with a comprehensive cleanup operation using <a href=\"https:\/\/cybersecuritynews.com\/new-koiloader-abuses-powershell-scripts\/\" target=\"_blank\" rel=\"noreferrer noopener\">PowerShell scripts<\/a> that eliminate traces of the initial infection vector from the <code>%APPDATA%<\/code> directory.<\/p>\n<p>The malware\u2019s evasion capabilities include a User Account Control (UAC) bypass technique utilizing Microsoft\u2019s Connection Manager Profile Installer (CMSTP.exe).<\/p>\n<p>This legitimate Windows binary is exploited to proxy execution of malicious code while appearing as a routine system update process labeled \u201cActualizando\u201d (Spanish for \u201cupdating\u201d).<\/p>\n<p>The .NET downloader component uses a distinctive user-agent string <code>Mozilla\/4.0 (compatible; MSIE 6.0; Windows NT 5.2; .NET CLR 1.0.3705;)<\/code> for command-and-control communications, employing base64 encoding to <a href=\"https:\/\/cybersecuritynews.com\/researchers-obfuscated-weaponized-net-assemblies\/\" target=\"_blank\" rel=\"noreferrer noopener\">obfuscate<\/a> network traffic patterns.<\/p>\n<p class=\"has-text-align-center has-background\" style=\"background:linear-gradient(180deg,rgb(238,238,238) 90%,rgb(169,184,195) 100%)\"><strong>Boost detection, reduce alert fatigue, accelerate response; all with an interactive sandbox built for security teams -&gt;\u00a0<a href=\"https:\/\/any.run\/demo?utm_source=csn&amp;utm_medium=article&amp;utm_campaign=top3_ciso_challenges&amp;utm_content=demo_1&amp;utm_term=160725\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Try ANY.RUN Now<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/cybersecuritynews.com\/greedy-sponge-hackers-attacking-financial-institutions\/\">Greedy Sponge Hackers Attacking Financial Institutions With Modified Version of AllaKore RAT<\/a> appeared first on <a href=\"https:\/\/cybersecuritynews.com\/\">Cyber Security News<\/a>.<\/p>\n<\/div>\n<p> \t<BR><br \/>\n <BR><\/BR><br \/>\n    Tushar Subhra Dutta<br \/>\n \t<BR><br \/>\n<BR><\/BR><br \/>\n<a href=\"https:\/\/cybersecuritynews.com\/greedy-sponge-hackers-attacking-financial-institutions\/\">Go to cyber-security-news<\/a><br \/>\n \t<BR><br \/>\n <BR><\/BR><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greedy Sponge Hackers Attacking Financial Institutions With Modified Version of AllaKore RAT A financially motivated threat group dubbed Greedy Sponge has been systematically targeting Mexican financial institutions and organizations since 2021 with a heavily modified version of the AllaKore remote access trojan (RAT). The campaign represents a sophisticated evolution of cybercriminal tactics, combining traditional social [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129,63,649],"tags":[130],"class_list":["post-5537","post","type-post","status-publish","format-standard","hentry","category-cyber-security","category-cyber-security-news","category-threats","tag-cyber-security-news"],"_links":{"self":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts\/5537"}],"collection":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/comments?post=5537"}],"version-history":[{"count":0,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts\/5537\/revisions"}],"wp:attachment":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/media?parent=5537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/categories?post=5537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/tags?post=5537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}