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Cybercriminals Abuse Open-Source Tools To Target Africa's Financial Sector

· Published 26/06/2025 17:27 · Modified 27/06/2025 07:25

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Essential information

Published
26/06/2025 17:27
Modified
27/06/2025 07:25
Tags
2025-06-26 chisel financial sector lateral movement poshc2
Related entities
32 observables, 1 intrusion sets (apt), 12 techniques (mitre), 3 malware, 3 others

Description

A series of attacks targeting financial organizations across Africa has been observed since July 2023. The threat actor, tracked as CL-CRI-1014, uses open-source and publicly available tools like , , and Classroom Spy to establish attack frameworks, create tunnels for network communication, and perform remote administration. They forge file signatures to disguise their toolset and mask malicious activities. The attackers are suspected to be acting as initial access brokers, creating footholds in financial institutions to sell access on darknet markets. Their playbook includes techniques such as creating remote services, executing through DCOM, and using PsExec. The threat actor also employs evasion methods like using packers and signing tools with stolen signatures.

External references