Massive phishing campaign using QR codes targets energy sector

In May 2023, Cofense researchers observed a large phishing campaign that used QR codes to harvest Microsoft credentials across multiple industries. The energy sector was a notable target, with Bing redirect URLs and domains such as krxd.com and cf-ipfs.com involved to hide malicious content. #Cofense #QRcodes

Keypoints

  • The campaign began in May 2023 and leveraged QR codes to steal Microsoft credentials across various industries.
  • The energy sector was a major target, accounting for about 29% of the emails with malicious QR codes.
  • Links in the phishing messages relied on Bing redirect URLs; other notable domains included krxd.com and cf-ipfs.com.
  • QR codes provide an advantage by hiding the malicious link inside the image, making it harder for anti-phishing solutions to detect.
  • Campaign growth was rapid, with month-to-month growth greater than 270% and an overall increase of over 2,400% since May 2023.
  • Phishing lures focused on account security topics (2FA/MFA) and urged action within 2–3 days, prompting recipients to scan the QR code.

MITRE Techniques

  • [T1566.002] Phishing: Spearphishing Attachment – The phishing messages used in this campaign include a PNG image or PDF attachments featuring a QR code. β€˜The phishing messages used in this campaign include a PNG image or PDF attachments featuring a QR code.’
  • [T1566.001] Phishing: Spearphishing Link – The use of QR codes has several advantages over a phishing link embedded directly in an email, the most important one is the ability to bypass anti-phishing solutions because the phishing links are hidden inside the QR image. β€˜The use of QR codes has several advantages over a phishing link embedded directly in an email, the most important one is the ability to bypass anti-phishing solutions because the phishing links are hidden inside the QR image.’
  • [T1204] User Execution – The content of the message attempt to trick the recipient into scanning the code to verify their account. β€˜The content of the message attempt to trick the recipient into scanning the code to verify their account.’

Indicators of Compromise

  • [Domain] Bing redirect URLs – bing.com (used to host or redirect to malicious content)
  • [Domain] krxd.com – krxd.com (associated with the Salesforce application)
  • [Domain] cf-ipfs.com – cf-ipfs.com (Cloudflare’s Web3 services)
  • [File] PNG attachments – PNG image attachments featuring a QR code
  • [File] PDF attachments – PDF attachments featuring a QR code

Read more: https://securityaffairs.com/149567/hacking/phishing-campaign-qr-codes.html?amp=1