Researchers at Sygnia have disclosed a financially-motivated threat actor dubbed ‘Elephant Beetle’, observed over the last two years as they have exploited multiple known and likely unpatched vulnerabilities, stealing millions of dollars from organizations worldwide using an arsenal of over 80 unique tools and scripts. The Sygnia report detailed the approach of targeting Java applications on Linux systems and overwriting non-threating files as they slowly prepare for the true attack. An expert with Gurucul has offered some perspective.
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