Security News > 2021 > February > Experts Warns of Notable Increase in QuickBooks Data Files Theft Attacks

Experts Warns of Notable Increase in QuickBooks Data Files Theft Attacks
2021-02-24 07:29

New research has uncovered a significant increase in QuickBooks file data theft using social engineering tricks to deliver malware and exploit the accounting software.

"A majority of the time, the attack involves basic malware that is often signed, making it hard to detect using antivirus or other threat detection software," researchers from ThreatLocker said in an analysis shared today with The Hacker News.

The spear-phishing attacks take the form of a PowerShell command that's capable of running inside of the email, the researchers said, adding, a second attack vector involves decoy documents sent via email messages that, when opened, runs a macro to download malicious code which uploads QuickBooks files to an attacker-controlled server.

"When a user has access to the Quickbooks database, a piece of malware or weaponized PowerShell is capable of reading the user's file from the file server regardless of whether they are an administrator or not," the researchers said.

The attack surface increases exponentially in the event QuickBooks file permissions are set to the "Everyone" group, as an attacker can target any individual in the company, as opposed to a specific person with the right privileges.

Besides selling the stolen data on the dark web, the researchers say they found instances where the operators behind the attacks resorted to bait-and-switch tactics to lure customers into making fraudulent bank transfers by posing as suppliers or partners.


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