New QBot Banking Trojan Campaign Exploits Business Emails to Distribute Malware
April 17, 2023
Financial Security / Malware
Recent findings by Kaspersky reveal a fresh QBot malware campaign that uses compromised business correspondence to deceive victims into installing the malicious software. This ongoing operation, which began on April 4, 2023, is primarily targeting users in Germany, Argentina, Italy, Algeria, Spain, the U.S., Russia, France, the U.K., and Morocco.
QBot, also known as Qakbot or Pinkslipbot, has been active since at least 2007. It not only steals passwords and cookies from web browsers but also acts as a backdoor for delivering next-stage payloads like Cobalt Strike or ransomware. Distributed through phishing campaigns, QBot has undergone continuous updates to incorporate techniques that evade detection, such as anti-VM, anti-debugging, and anti-sandbox measures. Notably, it emerged as the most prevalent malware in March 2023, according to Check Point. In its early distribution, it relied on infected websites and other methods.