Over the last year, the financially motivated Silence hacking group primarily targeted banks and final institutions in Asia, Europe, Russia, and the former Soviet Union states, but its rapid expansion poses a growing threat to organizations across the globe, new research by Group-IB indicates.
The Russian-speaking advance persistent threat (APT) group has been especially active since September of last year. At the time, the group was responsible for about $800,000 in financial losses for targeted organizations, but this amount has risen to $4.2 million since then. The report warns that the group’s toolkit and tactics are rapidly evolving, making the campaigns ever more dangerous.
Read more: Silence APT Group Broadens Attacks on Banks, Gets More Dangerous
