Cybercriminals Using Novel DNS Hijacking Technique for Investment Scams
Mar 05, 2024
Cybercrime / Malware
A new DNS threat actor dubbed Savvy Seahorse is leveraging sophisticated techniques to entice targets into fake investment platforms and steal funds. "Savvy Seahorse is a DNS threat actor who convinces victims to create accounts on fake investment platforms, make deposits to a personal account, and then transfers those deposits to a bank in Russia," Infoblox said in a report published last week. Targets of the campaigns include Russian, Polish, Italian, German, Czech, Turkish, French, Spanish, and English speakers, indicating that the threat actors are casting a wide net in their attacks. Users are lured via ads on social media platforms like Facebook, while also tricking them into parting with their personal information in return for alleged high-return investment opportunities through fake ChatGPT and WhatsApp bots. The financial scam campaigns are notable for using DNS canonical name (CNAME) records to create a traffic distribution system ( TDS ), thereb...
