Vulnerabilities & CVEs Dark Reading 1 week ago

SWIFT Banking & Government Middleware Enables RCE

CN
CyberNew Threat Research Desk
• Original Reporting: Dark Reading
CyberNew Threat Intel Assessment
Assessed Severity: CRITICAL
Impacted Surface
Enterprise Perimeter & Network Defense
Intelligence Sector
Vulnerabilities & CVEs

Analyst Takeaway

"Researchers have discovered a critical vulnerability in a hardware authentication program used to access highly sensitive global government and financial systems. In cases where purely digital methods just aren't secure enough, especially careful organizations may require that users authenticate to sensitive systems with multifactor authentication (MFA) hardware. After all, you wouldn't want a..."

Recommended Defense & Mitigation

  • Emergency Patching: Prioritize vendor patches and CVE mitigation across internet-facing assets immediately.
  • Perimeter Audit: Inspect perimeter firewall logs and hunt for unauthorized RCE indicators.
Curated & Verified by CyberNew Threat Intelligence Desk Standard Defense Framework (NIST / MITRE ATT&CK)

Researchers have discovered a critical vulnerability in a hardware authentication program used to access highly sensitive global government and financial systems.

In cases where purely digital methods just aren't secure enough, especially careful organizations may require that users authenticate to sensitive systems with multifactor authentication (MFA) hardware. After all, you wouldn't want a simple password to allow hackers into a system that facilitates financial transfers or official government business. Hardware-based MFA requires some means of communicating between one's hardware token and a website in question, though, which researchers continually find is the weak point in the whole arrangement.

"SConnect," owned by the Thales Group conglomerate, is one such example of this. It's a browser extension with more than 1 million users on the Chrome Web Store, and plenty more on other app stores. It's used for authentication to major national government systems — like Qatar's national identity provider, Tawtheeq, and the Swedish Tax Agency, Skatteverket — and various banking and insurance portals. Most notably, SConnect has long been one of the primary methods for accessing the Society for Worldwide Interbank Financial Telecommunication (SWIFT) banking system that supports the entire global financial apparatus.

Related:RemoteThreat Bets Security Teams Need to Test What Happens After Defenses Fail

In a report shared exclusively with Dark Reading ahead of publication, the browser extension aficionados at Bay Area Labs outlined a vulnerability in SConnect. The vulnerability allows attackers to perform drive-by remote code execution (RCE) attacks against users in a matter of seconds. And, the researchers say, the potential attack scenarios could get a lot worse.

Source Verification & Original Intelligence

This threat report was reviewed by CyberNew analysts and cross-referenced with primary security disclosures from Dark Reading.

Primary Advisory →