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FASTCash and INJX_Pure: How Threat Actors Use Public Standards for Financial Fraud

2020-08-05, KevinPerlow
https://i.blackhat.com/USA-20/Wednesday/us-20-Perlow-FASTCash-And-INJX_Pure-How-Threat-Actors-Use-Public-Standards-For-Financial-Fraud-wp.pdf
us-20-Perlow-FASTCash-And-INJX_Pure-How-Threat-Actors-Use-Public-S_UTNTH02.pdf, 1.9 MB
#FASTCash

Contents

FASTCash and Associated Intrusion Techniques
By Kevin Perlow

Key Points


ISO 8583 is a standard that applies to card payments and provides a common set of data fields
and a common format for these fields during these financial transactions.



Since at least 2018, a DPRK-nexus threat group has used malware that incorporates this
standard to perform large-scale fraudulent cash withdrawals against a small group of victims.



Public reporting refers to this technique – and the malware used to carry it out – as FASTCash.

Executive Summary
1

Since at least 2016, a DPRK-nexus threat group has conducted financially-motived intrusions against
companies within or associated with the banking sector. Traditionally, these attacks have involved
complicated, long-term workflows and culminate in large SWIFT transactions to threat group-owned
accounts held at other banks.
Since 2018 – and possibly as early as 2016 – this threat group has also conducted a novel type of attack
in which it injected malware into a bank’s payment switch, forcing it to approve …

IoC

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