A new malware attack has been discovered which uses the SnipBot malware to dig deep into the victim’s network and harvest data.

SnipBot is a variant of the RomCom malware, which has previously been used for data harvesting and financially motivated attacks such as the Cuba ransomware attack. SnipBot’s malicious campaign has been widespread, with victims identified in multiple industries including legal, agriculture, and IT sectors. SnipBot performs what is referred to as a pivot, a process by which malware moves between compromised systems on the same network to access as many workstations as possible. This maximizes the amount of data SnipBot can steal and marks it out as a major threat.

SnipBot Unleashed

With 3.4 billion phishing emails sent daily, it’s clear that phishing attacks are incredibly popular with threat actors. And this is the exact approach adopted by SnipBot.

The SnipBot malware attack starts with phishing emails which trick recipients into downloading fake files disguised as legitimate PDFs. When the victim clicks on a link contained within the PDF, a malicious downloader is activated. As these downloaders are signed using real security certificates, they avoid detection by security software.

The malware can then inject itself into core system processes such as explorer.exe, and it can maintain this presence even after a reboot. Once inside the victim’s system, SnipBot sets about collecting sensitive data from popular folders, like Documents and OneDrive. This harvested data is then sent back to the attacker via a remote server.

Palo Alto Networks researchers, who discovered the SnipBot campaign, are unsure as to the true objectives of SnipBot. At present, there appears to be no financial motive present in the attack, so it has been labelled purely as an espionage threat.

How Can You Stay Safe from SnipBot?

Luckily, phishing attacks such as SnipBot can be easily managed. By following these best practices, you’ll not only prevent malware being executed, but also avoid it in the first place:

For more ways to secure and optimize your business technology, contact your local IT professionals.