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Blog entry by Budimir Škrtić

Emotet bot

Emotet, the world’s most costly and destructive botnet, returned from
a five-month hiatus on Friday with a blast of malicious spam aimed at
spreading a backdoor that installs ransomware, bank-fraud trojans, and
other nasty malware.

The botnet sent a hefty 250,000 messages during the day, mostly to
people in the United States and the United Kingdom, Sherrod DeGrippo,
senior director of threat research and detection at security firm
Proofpoint, told Ars. Other researchers said targets were also located
in the Middle East, South America, and Africa. The botnet followed its
characteristic pattern of sending either a malicious document or link to
a malicious file that, when activated, installs the Emotet backdoor.

The botnet gave its first indications of a return on Tuesday, with small
message volumes being sent out. Email samples that appeared on Twitter
accounts from threat monitors abuse.ch and Spamhaus looked like this:

emotet image 1

emotet image 2

Emotet’s resurgence on Friday was also spotted by antivirus provider Malwarebytes and Microsoft.

Box of tricks

Emotet has proven to be one of the more resourceful threats to face
people in recent years. Emails often appear to arrive from a person the
target has corresponded with in the past. The malicious messages often
use the subject lines and the bodies of previous email threads the two
have participated in. Emotet gets this information by collecting the
contact lists and inboxes of infected computers.

The technique has a dual benefit. It tricks the target into thinking
the message can be trusted because it comes from a known friend,
acquaintance, or business associate who is following up on a previously
discussed matter. The inclusion of authentic content also makes it
harder for spam filters to detect the emails as malicious.

Another of Emotet’s clever tricks: it steals usernames and passwords
for outgoing email servers. The botnet then uses the credentials to send
mail from those servers rather than relying on its own infrastructure.
Because the trusted servers send the malicious messages, they’re harder
for security products to detect and block.

Hit and run

DeGrippo
said that the last time Emotet had shown itself was during a five-day
run in early February that delivered about 1.8 million messages. The
botnet is known for making big blasts for short periods of time and then
going silent for weeks or months at a time. Last September, it woke from a four-month slumber.

The group is known for taking long breaks and regularly taking time
off during weekends and major holiday seasons. True to its normal
pattern, the latest Emotet activity had completely stopped on Saturday
morning as this post went live. Besides allowing its workers to maintain
a healthy work-life balance, the schedule makes campaigns more
successful.

“The key for most threat actors is to minimize the time between when
[malicious mail] hits the inbox and when it gets opened by the target,”
DeGrippo explained. “The longer that time elapses, the bigger the risk
to the threat actor that their payload won't get delivered because of
mitigating controls.”

Emotet messages include malicious Microsoft Word documents or PDF
files or URLs that link to malicious Word files. The Word documents
contain macros that, when activated, install the Emotet backdoor. The
backdoor typically waits a period of days before installing follow-on
malware, such as the banking trojan TrickBot or the Ryuk ransomware.

Researchers have published indicators of compromise from Friday’s message blast here, here, and here.

Emotet is yet another reminder that people should be highly
suspicious of files and links sent in email, particularly if they seem
out of context, such as when a friend sends an invoice. People should be
doubly suspicious of any Word document that requires macros be enabled
before content can be viewed. There is rarely any reason for consumers
to use macros, so a good household rule is to never enable them for any
reason. A better policy still is to open Word documents in Google Docs,
which prevents any malware from getting installed on the local computer.



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