This QR code phishing marketing campaign is concentrating on a number of industries and utilizing reputable companies similar to Microsoft Bing to extend its effectivity and bypass safety.

Cofense, a U.S.-based e-mail safety firm, launched a brand new report a few large QR code phishing marketing campaign that targets quite a few industries. The marketing campaign has particularly centered on one main U.S.-based power firm, although Cofense doesn’t identify which one. Cybercriminals are utilizing reputable companies similar to Microsoft Bing to extend this marketing campaign’s effectivity and bypass safety. Luckily, there are steps corporations can take to mitigate this notably uncommon phishing menace.
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How does this QR code phishing marketing campaign work?
This marketing campaign leverages QR codes as PNG photos, which, as soon as scanned, result in Microsoft credential phishing pages. The e-mail content material makes use of completely different however comparable lures: making the person consider they should replace their account safety or activate two-factor authentication/multi-factor authentication inside 72 hours (Determine A).
Determine A

Which reputable companies are abused on this phishing assault?
The reputable companies which might be abused to enhance the effectivity of this phishing assault are Microsoft Bing, Salesforce by way of a website (i.e., krdx.web) that belongs to the corporate and was used for redirection, two reputable web sites (i.e., digitalsflare.com and bladionline.com) and the InterPlanetary File System.
Bing
On this phishing marketing campaign, a lot of the malicious QR codes included Bing redirections that contained the sufferer’s e-mail and a Base64-encoded phishing hyperlink (Determine B).
Determine B

On this case, cybercriminals used Bing — a reputable Microsoft area with redirection functionalities that had been applied for advertising and marketing functions — to redirect customers to a phishing web site they management. Similar to with the QR code, the advantage of this redirection technique is to assist bypass safety as a result of no malicious area is immediately uncovered — the malicious area is Base64-encoded.
IPFS
The cybercriminals used the InterPlanetary File System to host phishing content material and despatched phishing hyperlinks that used CloudFlare’s gateway to the IPFS system (Determine C).
Determine C

Which industries are liable to this phishing assault?
The phishing marketing campaign closely centered on one main U.S.-based power firm, adopted by the manufacturing, insurance coverage, know-how, monetary companies and healthcare industries (Determine D).
Determine D

Cofense’s Nathaniel Raymond studies that, from the start of the marketing campaign in Might 2023, the common month-to-month development share has been greater than 270%. Since Might 2023, there was a rise in QR codes in emails of greater than 2,400%.
Why this phishing assault is uncommon
QR codes usually are not typically utilized in phishing campaigns; cybercriminals have a tendency to make use of them extra in day-to-day life, leaving QR codes elsewhere so curious individuals will scan them and probably get scammed or contaminated by malware.
There may be not less than one profit for cybercriminals to make use of QR codes in emails, particularly for launching phishing campaigns: There are much more possibilities to bypass safety and land within the person’s mailboxes as a result of the phishing hyperlink is hiding contained in the QR picture.
How this phishing marketing campaign may fail
As acknowledged by Raymond, “though QR codes are advantageous for getting malicious emails into person’s inbox, they might fall wanting being environment friendly in getting the person to the phish.”
QR codes want a scanning system for use, which most often can be a cell phone, as these units now normally embed a QR code scanner that works with their digicam. Moreover, these cell phone scanners typically present the hyperlink contained within the QR code to the person, who decides if he/she clicks on it or not.
Easy methods to defend from this QR code phishing menace
To boost e-mail safety and defend themselves from the QR code menace, organizations ought to comply with these steps.
- Contemplate implementing superior menace safety options. Ideally, these options ought to resolve the QR code and have the hyperlink analyzed by safety options.
- On cell units, solely permit QR codes to be opened by safety functions similar to antivirus that embody QR code scanning as a characteristic. Then, the QR code hyperlink must be checked for security.
- Educate customers so that they’re conscious of the dangers related to QR codes. In corporations the place no QR code is used, workers ought to by no means scan any QR code from any supply that pretends to come back from the group.
- Present customers with a fast strategy to report suspicious emails to your IT or safety division. This could possibly be a button of their e-mail consumer software program.
- Deploy multifactor authentication for the corporate’s e-mail accounts. Even when the phishing is profitable, the attacker will nonetheless not have the ability to log into the e-mail account.
Disclosure: I work for Development Micro, however the views expressed on this article are mine.
