"New Chaes Malware Variant Targets Banking and Logistics Industries"

A new variant of the Chaes malware called Chae$4 targets the banking and logistics industries along with major content management platforms. According to researchers at Morphisec, Chae$4 has targeted customers of platforms and banks such as Mercado Libre, Mercado Pago, WhatsApp Web, Itau Bank, Caixa Bank, and MetaMask. Several content management services, including WordPress, Joomla, Drupal, and Magento, have also been hit. Morphisec was able to thwart a number of these attacks before they could cause too much damage. The researchers noted that the Chaes malware first appeared in November 2020, when Cybereason researchers identified its operations as primarily targeting e-commerce customers in Latin America. The fourth version of the Chaes malware incorporates a refined code architecture, improved modularity, additional layers of encryption, and other enhancements. This article continues to discuss the new variant of the Chaes malware.

SC Magazine reports "New Chaes Malware Variant Targets Banking and Logistics Industries"