"Hacking Group Seen Mixing Cybercrime and Cyber Espionage"

A hacking group aligned with Belarusian government interests appears to combine cybercrime and cyber espionage. According to a new report by malware researcher Matthieu Faou at the security company ESET, the group known as "Asylum Ambuscade" has been involved in cybercrime and cyber espionage since 2020. Faou noted that it is uncommon to find a cybercriminal group conducting dedicated cyber espionage. In regard to cybercrime, the group primarily targets individual banking consumers, cryptocurrency traders, and small and midsize businesses (SMBs), mainly in North America and Europe. According to ESET, the number of victims exceeds 4,500. While the purpose of targeting cryptocurrency traders is quite apparent, which is the theft of cryptocurrency, ESET says it is unclear how Asylum Ambuscade monetizes its access to SMBs. The group may sell access to other crimeware groups that might, for example, deploy ransomware, but there are no indications that this is occurring. Regarding espionage, ESET reported that the group has primarily focused on European and Central Asian targets. This article continues to discuss observations regarding the Asylum Ambuscade hacking group. 

BankInfoSecurity reports "Hacking Group Seen Mixing Cybercrime and Cyber Espionage"