The report details the operations of W3LL, a threat actor behind a phishing empire that has remained largely unknown until now. Group-IB’s Threat Intelligence and Cyber Investigations teams have tracked the evolution of W3LL and uncovered that they played a major role in compromising Microsoft 365 business email accounts over the past 6 years. The threat actor created a hidden underground market, named W3LL Store, that served a closed community of at least 500 threat actors who could purchase a custom phishing kit called W3LL Panel, designed to bypass MFA, as well as 16 other fully customized tools for business email compromise (BEC) attacks. Group-IB investigators identified that W3LL’s phishing tools were used to target over 56,000 corporate Microsoft 365 accounts in the USA, Australia and Europe between October 2022 and July 2023. According to Group-IB’s rough estimates, W3LL’s Store’s turnover for the last 10 months may have reached $500,000. All the information collected by Group-IB’s cyber investigators about W3LL has been shared with relevant law enforcement organizations.
Our investigation of the security incident disclosed by Microsoft and CISA and attributed to Chinese threat actor Storm-0558, found that this incident seems to have a broader scope than originally assumed. Organizations using Microsoft and Azure services should take steps to assess potential impact.
In early August, ReversingLabs identified a malicious supply chain campaign that the research team dubbed “VMConnect.” That campaign consisted of two dozen malicious Python packages posted to the Python Package Index (PyPI) open-source repository. The packages mimicked popular open-source Python tools, including vConnector, a wrapper module for pyVmomi VMware vSphere bindings; eth-tester, a collection of tools for testing Ethereum-based applications; and databases, a tool that gives asynchronous support for a range of databases.
Developers in the cryptocurrency sphere are being targeted once again, as yet another threat actor has been exposed. This user has been publishing malicious NPM packages with the purpose of exfiltrating sensitive data such as source code and configuration files from the victim’s machines. The threat actor behind this campaign has been linked to malicious activity dating back to 2021. Since then, they have continuously published malicious code.