T1657: Financial Theft — MITRE ATT&CK Technique

Description

Adversaries may steal monetary resources from targets through extortion, social engineering, technical theft, or other methods aimed at their own financial gain at the expense of the availability of these resources for victims. Financial theft is the ultimate objective of several popular campaign types including extortion by ransomware,(Citation: FBI-ransomware) business email compromise (BEC) and fraud,(Citation: FBI-BEC) "pig butchering,"(Citation: wired-pig butchering) bank hacking,(Citation: DOJ-DPRK Heist) and exploiting cryptocurrency networks.(Citation: BBC-Ronin)

Adversaries may Compromise Accounts to conduct unauthorized transfers of funds.(Citation: Internet crime report 2022) In the case of business email compromise or email fraud, an adversary may utilize Impersonation of a trusted entity. Once the social engineering is successful, victims can be deceived into sending money to financial accounts controlled by an adversary.(Citation: FBI-BEC) This creates the potential for multiple victims (i.e., compromised accounts as well as the ultimate monetary loss) in incidents involving financial theft.(Citation: VEC)

Extortion by ransomware may occur, for example, when an adversary demands payment from a victim after Data Encrypted for Impact (Citation: NYT-Colonial) and Exfiltration of data, followed by threatening to leak sensitive data to the public unless payment is made to the adversary.(Citation: Mandiant-leaks) Adversaries may use dedicated leak sites to distribute victim data.(Citation: Crowdstrike-leaks)

Due to the potentially immense business impact of financial theft, an adversary may abuse the possibility of financial theft and seeking monetary gain to divert attention from their true goals such as Data Destruction and business disruption.(Citation: AP-NotPetya)

Platforms

LinuxmacOSOffice SuiteSaaSWindows

Mitigations (2)

User TrainingM1017

Train and encourage users to identify social engineering techniques used to enable financial theft. Also consider training users on procedures to prevent and respond to swatting and doxing, acts increasingly deployed by financially motivated groups to further coerce victims into satisfying ransom/extortion demands.(Citation: Cyber Safety Review Board: Lapsus)(Citation: SWAT-hospital)

User Account ManagementM1018

Limit access/authority to execute sensitive transactions, and switch to systems and procedures designed to authenticate/approve payments and purchase requests outside of insecure communication lines such as email.

Threat Groups (15)

ID	Group	Context
G1032	INC Ransom	[INC Ransom](https://attack.mitre.org/groups/G1032) has stolen and encrypted victim's data in order to extort payment for keeping it private or decryp...
G1055	VOID MANTICORE	[VOID MANTICORE](https://attack.mitre.org/groups/G1055) has conducted data exfiltration and posted stolen information on data leak sites for the purpo...
G1052	Contagious Interview	[Contagious Interview](https://attack.mitre.org/groups/G1052) has stolen cryptocurrency wallet credentials and credit card information utilizing [Beav...
G1021	Cinnamon Tempest	[Cinnamon Tempest](https://attack.mitre.org/groups/G1021) has maintained leak sites for exfiltrated data in attempt to extort victims into paying a ra...
G1026	Malteiro	[Malteiro](https://attack.mitre.org/groups/G1026) targets organizations in a wide variety of sectors via the use of [Mispadu](https://attack.mitre.org...
G0094	Kimsuky	[Kimsuky](https://attack.mitre.org/groups/G0094) has stolen and laundered cryptocurrency to self-fund operations including the acquisition of infrastr...
G1016	FIN13	[FIN13](https://attack.mitre.org/groups/G1016) has observed the victim's software and infrastructure over several months to understand the technical p...
G1053	Storm-0501	[Storm-0501](https://attack.mitre.org/groups/G1053) has engaged in double-extortion ransomware, exfiltrating data and directly contacting victims when...
G1049	AppleJeus	[AppleJeus](https://attack.mitre.org/groups/G1049) has targeted the cryptocurrency industry with the goal of stealing digital assets.(Citation: Mandia...
G1024	Akira	[Akira](https://attack.mitre.org/groups/G1024) engages in double-extortion ransomware, exfiltrating files then encrypting them, in order to prompt vic...
G1015	Scattered Spider	[Scattered Spider](https://attack.mitre.org/groups/G1015) has deployed ransomware on compromised hosts and threatened to leak stolen data for financia...
G1051	Medusa Group	[Medusa Group](https://attack.mitre.org/groups/G1051) has stolen and encrypted victims' data in order to extort victims into paying a ransom.(Citation...
G1050	Water Galura	[Water Galura](https://attack.mitre.org/groups/G1050) has extorted victims for ransomware decryption keys and to prevent publication of data exfiltra...
G0083	SilverTerrier	[SilverTerrier](https://attack.mitre.org/groups/G0083) targets organizations in high technology, higher education, and manufacturing for business emai...
G1040	Play	[Play](https://attack.mitre.org/groups/G1040) demands ransom payments from victims to unencrypt filesystems and to not publish sensitive data exfiltra...

Associated Software (7)

ID	Name	Type	Context
S1247	Embargo	Malware	[Embargo](https://attack.mitre.org/software/S1247) has been leveraged in double-extortion ransomware, exfiltrating files then encrypting them, to prom...
S1245	InvisibleFerret	Malware	[InvisibleFerret](https://attack.mitre.org/software/S1245) has searched the victim device credentials and files commonly associated with cryptocurrenc...
S1240	RedLine Stealer	Malware	[RedLine Stealer](https://attack.mitre.org/software/S1240) has collected data from cryptocurrency wallets and harvested credit cards details from brow...
S9010	GlassWorm	Malware	[GlassWorm](https://attack.mitre.org/software/S9010) has the ability to steal credentials for cryptocurrency wallets.(Citation: Koi Glassworm New Tric...
S9004	Crocodilus	Malware	[Crocodilus](https://attack.mitre.org/software/S9004) has stolen cryptocurrency wallet details from victim devices.(Citation: ThreatFabric_Crocodilus_...
S1111	DarkGate	Malware	[DarkGate](https://attack.mitre.org/software/S1111) can deploy payloads capable of capturing credentials related to cryptocurrency wallets.(Citation: ...
S1246	BeaverTail	Malware	[BeaverTail](https://attack.mitre.org/software/S1246) has searched the victim device for browser extensions commonly associated with cryptocurrency wa...

References

Frequently Asked Questions

What is T1657 (Financial Theft)?

T1657 is a MITRE ATT&CK technique named 'Financial Theft'. It belongs to the Impact tactic(s). Adversaries may steal monetary resources from targets through extortion, social engineering, technical theft, or other methods aimed at their own financial gain at the expense of the availability of t...

How can T1657 be detected?

Detection of T1657 (Financial Theft) typically involves monitoring system logs, network traffic, and endpoint telemetry. Use SIEM rules, EDR solutions, and behavioral analytics to identify suspicious activity associated with this technique.

What mitigations exist for T1657?

There are 2 documented mitigations for T1657. Key mitigations include: User Training, User Account Management.

Which threat groups use T1657?

Known threat groups using T1657 include: INC Ransom, VOID MANTICORE, Contagious Interview, Cinnamon Tempest, Malteiro, Kimsuky, FIN13, Storm-0501.