‘Elephant Beetle’ Lurks for Months in Networks

Researchers have identified a threat group that’s been quietly siphoning off millions of dollars from financial- and commerce-sector companies, spending months patiently studying their targets’ financial systems and slipping in fraudulent transactions amongst regular activity. The Sygnia Incident Response team has been tracking the group, which it named Elephant Beetle, aka TG2003, for two years.

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