Vietnam-based hackers suspected of stealing business data across Asia
A group of hackers from Vietnam is suspected of operating a scheme to steal the business data of financial organizations in Asia through social media.
The CoralRaider group has been targeting victims in India, China, South Korea, Bangladesh, Pakistan, Indonesia, and Vietnam since May 2023, said Cisco Talos, a unit of U.S. technology giant Cisco.
This group focuses on stealing victims' credentials, financial data, and social media accounts, including business and advertisement accounts, the researchers said in a report on The Hacker News. The hackers used Telegram to infiltrate the stolen information from victim's machines, which is then traded in underground markets to generate illicit revenues. CoralRaider operators are likely based in Vietnam because its their language preference is Vietnamese and its code include Vietnamese words.