Blog
/
Network
/
January 28, 2026

The State of Cybersecurity in the Finance Sector: Six Trends to Watch

Financial institutions are facing a threat landscape shaped by identity-led intrusion, pre-disclosure exploitation, data-first ransomware, and growing cloud and AI governance blind spots. This blog explores the key threats and trends redefining cyber risk across the finance sector and what defenders must adapt to next.
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Nathaniel Jones
SVP, Global Threat Intelligence
financial institutions cybersecurityDefault blog image
28
Jan 2026

The evolving cybersecurity threat landscape in finance

The financial sector, encompassing commercial banks, credit unions, financial services providers, and cryptocurrency platforms, faces an increasingly complex and aggressive cyber threat landscape. The financial sector’s reliance on digital infrastructure and its role in managing high-value transactions make it a prime target for both financially motivated and state-sponsored threat actors.

Darktrace’s latest threat research, The State of Cybersecurity in the Finance Sector, draws on a combination of Darktrace telemetry data from real-world customer environments, open-source intelligence, and direct interviews with financial-sector CISOs to provide perspective on how attacks are unfolding and how defenders in the sector need to adapt.  

Six cybersecurity trends in the finance sector for 2026

1. Credential-driven attacks are surging

Phishing continues to be a leading initial access vector for attacks targeting confidentiality. Financial institutions are frequently targeted with phishing emails designed to harvest login credentials. Techniques including Adversary-in-The-Middle (AiTM) to bypass Multi-factor Authentication (MFA) and QR code phishing (“quishing”) are surging and are capable of fooling even trained users. In the first half of 2025, Darktrace observed 2.4 million phishing emails within financial sector customer deployments, with almost 30% targeted towards VIP users.  

2. Data Loss Prevention is an increasing challenge

Compliance issues – particularly data loss prevention -- remain a persistent risk. In October 2025 alone, Darktrace observed over 214,000 emails across financial sector customers that contained unfamiliar attachments and were sent to suspected personal email addresses highlighting clear concerns around data loss prevention. Across the same set of customers within the same time frame, more than 351,000 emails containing unfamiliar attachments were sent to freemail addresses (e.g. gmail, yahoo, icloud), highlighting clear concerns around DLP.  

Confidentiality remains a primary concern for financial institutions as attackers increasingly target sensitive customer data, financial records, and internal communications.  

3. Ransomware is evolving toward data theft and extortion

Ransomware is no longer just about locking systems, it’s about stealing data first and encrypting second. Groups such as Cl0p and RansomHub now prioritize exploiting trusted file-transfer platforms to exfiltrate sensitive data before encryption, maximizing regulatory and reputational fallout for victims.  

Darktrace’s threat research identified routine scanning and malicious activity targeting internet-facing file-transfer systems used heavily by financial institutions. In one notable case involving Fortra GoAnywhere MFT, Darktrace detected malicious exploitation behavior six days before the CVE was publicly disclosed, demonstrating how attackers often operate ahead of patch cycles

This evolution underscores a critical reality: by the time a vulnerability is disclosed publicly, it may already be actively exploited.

4. Attackers are exploiting edge devices, often pre-disclosure.  

VPNs, firewalls, and remote access gateways have become high-value targets, and attackers are increasingly exploiting them before vulnerabilities are publicly disclosed. Darktrace observed pre-CVE exploitation activity affecting edge technologies including Citrix, Palo Alto, and Ivanti, enabling session hijacking, credential harvesting, and privileged lateral movement into core banking systems.  

Once compromised, these edge devices allow adversaries to blend into trusted network traffic, bypassing traditional perimeter defenses. CISOs interviewed for the report repeatedly described VPN infrastructure as a “concentrated focal point” for attackers, especially when patching and segmentation lag behind operational demands.

5. DPRK-linked activity is growing across crypto and fintech.  

State-sponsored activity, particularly from DPRK-linked groups affiliated with Lazarus, continues to intensify across cryptocurrency and fintech organizations. Darktrace identified coordinated campaigns leveraging malicious npm packages, previously undocumented BeaverTail and InvisibleFerret malware, and exploitation of React2Shell (CVE-2025-55182) for credential theft and persistent backdoor access.  

Targeting was observed across the United Kingdom, Spain, Portugal, Sweden, Chile, Nigeria, Kenya, and Qatar, highlighting the global scope of these operations.  

6. Cloud complexity and AI governance gaps are now systemic risks.  

Finally, CISOs consistently pointed to cloud complexity, insider risk from new hires, and ungoverned AI usage exposing sensitive data as systemic challenges. Leaders emphasized difficulty maintaining visibility across multi-cloud environments while managing sensitive data exposure through emerging AI tools.  

Rapid AI adoption without clear guardrails has introduced new confidentiality and compliance risks, turning governance into a board-level concern rather than a purely technical one.

Building cyber resilience in a shifting threat landscape

The financial sector remains a prime target for both financially motivated and state-sponsored adversaries. What this research makes clear is that yesterday’s security assumptions no longer hold. Identity attacks, pre-disclosure exploitation, and data-first ransomware require adaptive, behavior-based defenses that can detect threats as they emerge, often ahead of public disclosure.

As financial institutions continue to digitize, resilience will depend on visibility across identity, edge, cloud, and data, combined with AI-driven defense that learns at machine speed.  

Learn more about the threats facing the finance sector, and what your organization can do to keep up in The State of Cybersecurity in the Finance Sector report here.  

‍

Acknowledgements:

The State of Cybersecurity in the Finance sector report was authored by Calum Hall, Hugh Turnbull, Parvatha Ananthakannan, Tiana Kelly, and Vivek Rajan, with contributions from Emma Foulger, Nicole Wong, Ryan Traill, Tara Gould, and the Darktrace Threat Research and Incident Management teams.

[related-resource]  

State of Finance Sector Threat Report

Access the full Darktrace threat research report to see how financial institutions are being targeted in real-world environments

Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Nathaniel Jones
SVP, Global Threat Intelligence

More in this series

No items found.

Blog

/

Network

/

October 20, 2026

Why Kubernetes Security Needs A Behavioral Approach

Man at computerDefault blog imageDefault blog image

Kubernetes has become a foundational technology for modern cloud-native infrastructure. It can orchestrate everything from customer-facing applications to data pipelines and, increasingly, AI workloads. This is due to the highly scalable nature of Kubernetes, making it cost efficient and reliable.

Gartner projects that by 2028, 95% of new AI deployments will run on Kubernetes, up from less than 30% today1. However, the same qualities that make Kubernetes powerful also make it uniquely challenging to secure, leaving many organizations with limited visibility into their clusters. This lack of visibility increases risk - it’s difficult to secure what you can’t see.

However, this risk is often looked at as purely a posture management challenge. While Cloud Security Posture Management (CSPM) solutions can tell you how a cluster should be configured, they don’t tell you what it is doing in real time. This requires runtime behavioral monitoring of clusters to detect active threats.

Yet existing approaches to securing Kubernetes by most Cloud Detection and Response (CDR) and Network Detection and Response (NDR) vendors often have limited coverage or require a third-party integration to forward traffic and metadata. This means that capabilities can be limited and detections can lack the context of the wider environment, which slows down triage, investigation and response.

Why Kubernetes is hard to secure

Traditional security tooling was built for persistent, long-term infrastructure such as servers and virtual machines with fixed identities that last months or years. Some elements of Kubernetes environments can have a much shorter lifespan, breaking many assumptions those tools rely on:

  1. Increased complexity
    1. Kubernetes environments can be complex in comparison to traditional infrastructure, with many different elements to consider such as nodes, clusters, containers, pods and the workloads themselves.
  2. Ephemeral by design
    1. Kubernetes pods can spin up and terminate in seconds. A container that was compromised may no longer exist by the time a deeper investigation is required, leaving no artifact to analyze. This poses a unique challenge for security operations.
  3. Weaker workload boundaries
    1. Kubernetes containers use lightweight, shared-kernel isolation rather than separate virtual machines, improving efficiency but reducing separation between workloads and the host. As a result, a compromised container may have a greater potential impact on the node and neighboring workloads than a compromised virtual machine (VM).2
    2. Recent vulnerabilities have shown that threat actors can escape a container and gain access to the underlying host.3, 4
  4. Everything is API-driven
    1. Dozens or hundreds of microservices communicate over internal APIs, and the Kubernetes control plane itself is an API. This creates a large and dynamic attack surface, making it difficult to distinguish legitimate activity from malicious behavior.
    2. Without identity-aware runtime visibility, threat actors can move laterally between pods and exploit misconfigured role-based access controls (RBAC) with little chance of detection.

Rising to the challenge of securing Kubernetes

With the release of Darktrace 7.2, Darktrace / HYBRID NETWORK can extend behavioral security into Kubernetes, delivering visibility, detection and response capabilities across runtime activity. Darktrace addresses the challenges of securing Kubernetes environments in several ways.

Behavioral detection, not static rules

Many Kubernetes runtime tools rely on predefined rules and signatures - a fixed list of “bad” behaviors to match against. That approach struggles with novel attacks and generates noise at scale. Darktrace takes a different approach: our Adaptive AI builds a Unique Behavioral Profile for each organization from the ground up, learning the normal behavior of every workload, node and identity in your cluster. It then uses this understanding to detect meaningful deviations from expected behavior, which serves as the basis for surfacing suspicious and malicious activity.  

A pod reaching out to an unfamiliar destination, an unexpected executable launching inside a workload, or an identity performing an action it has never performed, all surface as anomalies without anyone having to write a rule in advance.

Darktrace surfaces unexpected Kubernetes activity that does not align with an organization’s Unique Behavioral Profile

‍

Visibility across the network, the process, and the control plane

Darktrace monitors Kubernetes at three levels that together provide comprehensive runtime visibility:

  1. Network-layer
    1. Traffic between pods, across nodes and out to the internet. This helps to detect lateral movement and unusual connectivity, whether internal or external.
  2. Process-layer
    1. What is executing inside your containers. If a process reads a sensitive credential file or spawns an unexpected shell inside a production pod, Darktrace can identify that activity and use it as context for further detections.
  3. Control plane
    1. Activity against the Kubernetes API itself: someone executes a command in a running pod, RBAC changes, or unusual administrative actions. Many high-impact security events involve the control plane, an area that is often less visible to solutions that only analyze or scan network-layer telemetry.

Misconfiguration and vulnerability awareness

Runtime detection is strongest when combined with posture and exposure management. Darktrace surfaces risky pod configurations, such as privileged containers, host networking, and over-permissive service accounts as workloads are deployed, and links CVEs from images to the workloads running them. Security teams can go beyond simply knowing that a vulnerability exists and see exactly where it is in the cluster. When combined with behavior-based detections, this provides invaluable context that can help prioritize incidents and proactively identify areas that need further attention. For example, anomalous workload behavior on its own might not be very interesting to a security team at first, but if that same workload is known to host sensitive data, is known to have critical vulnerabilities associated with it, or is publicly accessible, then this narrative becomes much more suspicious and demanding of their attention.

Darktrace highlights Kubernetes misconfigurations such as privileged containers, host networking, and missing security controls, helping teams prioritize runtime alerts with valuable exposure and risk context

‍

Response, tailored to Kubernetes

Detection is most effective when paired with response. Darktrace can take precise actions on Kubernetes workloads, including blocking a malicious connection at the pod level, helping to safely contain threats while security teams investigate. Response actions can be taken fully autonomously or via a human-in-the-loop process, which is completely configurable depending on the desired level of autonomy and scope. Darktrace is expanding the number of Kubernetes-native response actions to give customers even more flexibility when containing threats.

Forensics that survive the workload

Because containers are so short-lived, evidence disappears fast and this can make it very difficult to answer questions related to the initial detections. Darktrace solves this with Forensic Acquisition & Investigation capabilities that extend to Kubernetes containers, allowing investigations to be triggered manually by an analyst, or automatically from an alert, preserving evidence before the workload is gone.

For incident responders, this addresses a key challenge in container security: being able to answer “what actually happened?” after an ephemeral workload has vanished.

One platform, not another silo

Kubernetes doesn't exist in isolation, and neither should its security. Darktrace correlates cluster activity with the surrounding cloud environment, including AWS, Azure and GCP identities, network activity and cloud assets, allowing analysts to pivot between a Kubernetes workload and its wider context. A single anomalous action can be traced from the control plane to the pod, and from the pod to the cloud identity behind it, all within a single investigation workflow. This can also include alerts from other areas of hybrid infrastructure or third-party sources where relevant, adding more context to investigations and speeding up workflows for human analysts.

Built to deploy easily

Operational complexity can be a barrier to security adoption. Darktrace / HYBRID NETWORK for Kubernetes installs with a single command, and for teams that manage their infrastructure as code, it supports raw manifests so the deployment can live in a Git repository and be managed through existing GitOps workflows. The same deployment approach works across Kubernetes environments in AWS, Azure, Google Cloud, and on-premises infrastructure. Early adopters of Darktrace’s Kubernetes capabilities have highlighted the simplicity of deployment and time to value.

Darktrace can deploy across your Kubernetes environment and wider hybrid infrastructure, while also providing visibility into Kubernetes deployment structure and status

Next steps

Kubernetes environments are dynamic, ephemeral and API-driven in ways that challenge traditional security tooling. With Kubernetes usage increasing due to widespread AI adoption, it is essential to secure Kubernetes environments as part of securing what AI can do. Darktrace / HYBRID NETWORK addresses these challenges by learning normal behavior in Kubernetes environments across network, process and control-plane layers, identifying meaningful threats and enabling targeted response. Combined with the context of wider hybrid infrastructure and forensic investigation capabilities, Darktrace provides visibility into both emerging threats and active incidents.

To see how Darktrace can help secure your Kubernetes environment and your wider hybrid infrastructure, get in touch to arrange your free trial. Existing customers can contact their Darktrace Account Team for more information about deployment options and licensing.

‍

Sources

[1] Gartner, Container Management research, 2025: "By 2028, 95% of new AI deployments will use Kubernetes, up from less than 30% today."  https://www.gartner.com/en/documents/7913109. (quote reproduced under Gartner reprint at https://www.kubermatic.com/magic-quadrant-and-critical-capabilities-for-container-management/)

[2] Palo Alto Networks (Unit 42) – Container Breakouts: Escape Techniques in Cloud Environments. https://unit42.paloaltonetworks.com/container-escape-techniques/

[3] runC container-escape vulnerabilities (CVE-2025-31133, CVE-2025-52565, CVE-2025-52881), disclosed by a SUSE researcher on November 5, 2025. https://www.securityweek.com/runc-vulnerabilities-can-be-exploited-to-escape-containers/

[4] NVIDIAScape (CVE-2025-23266), CVSS 9.0. https://nvidia.custhelp.com/app/answers/detail/a_id/5659

[related-resource]

‍

Continue reading
About the author
Elise Longhurst
Senior Product Executive

Blog

/

Network

/

October 15, 2026

CikaBika Bot: Inside a Discord RAT

Default blog imageDefault blog image

‍

Key Takeaways

·      Darktrace malware researchers have found an ongoing malware campaign using a document-themed lure containing a malicious LNK file and a PDF with an embedded payload.

·      The Nim based loader deploys a Rust-based remote access trojan (RAT), using a UAC bypass and DLL search-order hijacking technique targeting Microsoft Edge.

·      The RAT uses Discord for C2, creating dedicated channels to manage infected devices and execute commands.

·      CikaBika Bot supports system reconnaissance, remote command execution, screenshot capture, and file transfers.

‍

Introduction

In a threat landscape where attackers continue to rely on social engineering techniques to deliver malware, legitimate services are increasingly being abused to support malicious operations. Communications platforms like Discord can provide attackers with a ready-made channel for command-and-control (C2), allowing them to manage compromised devices without establishing dedicated infrastructure.

Malware researchers at Darktrace have identified a campaign distributing CikaBika, a Rust-based RAT that uses Discord for C2. The infection chain begins with a disk image and a malicious Windows shortcut. A Nim loader extracts the final payload and attempts to plant it in Microsoft Edge’s installation directory using a PowerShell UAC bypass. Once running, the RAT collects host information, registers the device with Discord, and accepts commands through a dedicated channel.

Technical Analysis

‍

Figure 1: Contents of Proposition_Projet.img.

‍

Initial access and PDF payload

The malware is packaged within a disk image named Proposition_Projet.img. Inside are a PDF titled “Presentation_Generale.pdf.pdf” and a Windows shortcut (LNK) disguised as a Word document, “Proposition_Projet_Personnalisable.docx”. The delivery method has not been confirmed; however, the filenames and document-themed lure are consistent with a phishing campaign.

‍

Figure 2: PowerShell command embedded in the malicious shortcut.


Opening the shortcut launches a hidden PowerShell process while displaying the PDF as a decoy. The French-language document explains how to produce a written summary or contraction of a text. In the background, PowerShell reads the PDF as bytes and uses the value at offset 239 (0x20) as an XOR key to decode an embedded executable. The resulting payload is written to %TEMP%\IfyuUapz.txt and executed using cmd /c.

Nim loader and UAC bypass

“IfyuUapz.txt” is a Nim-based loader that contains two Base64-encoded blobs: a Rust dynamic-link library (DLL)  and a PowerShell deployment script. Both are decoded and written to temporary files, referenced to within the loader as “dllFile” and “copyPs1”. The loader runs the script through a hidden PowerShell process using an encoded command, then attempts to load the DLL using Nim’s loadLib function. If loading fails, it invokes regsvr32.exe and retries.

Figure 3: Silent DLL deployer.

The PowerShell component is responsible for moving the DLL to C:\Program Files (x86)\Microsoft\Edge\Application\dbghelp.dll. It first copies the DLL to C:\Windows\Temp\dbghelp.tmp, then modifies HKCU\Software\Classes\ms-settings\shell\open\command so that launching computerdefaults.exe can trigger a command to move the staged DLL into the protected Edge directory. This is an attempt to bypass User Account Control (UAC), which depends on the target’s Windows configuration.

The script also compiles a small C# helper that calls ShowWindow to hide windows associated with Windows Settings and ApplicationFrameHost. It launches the bypass helper three times, checks for the presence of the destination DLL, and attempts to delete the temporary scripts, intermediate DLL, and associated registry changes.

‍

Figure 4: Legitimate msedge.exe function to load the legitimate dbghelp.dll.

‍

The legitimate msedge.exe has a delay-loaded dependency on dbghelp.dll, and the malicious DLL exports a subset of the functions associated with Microsoft’s debugging library. The attacker appears to be exploiting this dependency through DLL search-order hijacking. However, it does not export every function in Edge’s delay-import table, meaning its compatibility with the host is incomplete. The observed code establishes the intended sideloading route, rather than proving that Edge successfully loaded the planted DLL.

‍

Rust RAT payload

Figure 5: Discord configuration within the RAT.

The malicious dbghelp.dll (IfyuUapz.txt) is a Rust-based RAT. At startup, the RAT registers the compromised device with Discord and begins collecting information about the host. Its reconnaissance routine gathers system details, runs tasklist to enumerate processes, executes ipconfig to obtain network configuration, and attempts to take a screenshot. The resulting artifacts include tasklist_startup.txt, network_info.txt, and screenshot.png.

Figure 6: Network configuration notification in Discord channel.

‍

Figure 7: Network configuration output from network_info.txt.

‍

Discord C2

The RAT uses Discord channels to send commands and report results. The operator can send commands to the device’s channel and receive the resulting output in the same conversation. This gives the attacker an interactive command interface without having to operate and maintain a dedicated C2 server.

Figure 8: Commands available in Discord.

The command set includes !shell for remote command execution; !sysinfo and !info for host details; !isOn for status checks; !tasklist and !ps for process enumeration; and !kill for process termination. File-transfer commands include !upload and !download. Additional strings and command handlers reference screenshots (!src), camera access (!camera), streaming (!stream), and broadcasting (!broadcast).

‍

Figure 9: Device registration in Discord.

During device registration, the malware retrieves the victim’s public IP address using ipify.com. The registration message records the device ID, hostname, registration time, private and public IP addresses, status, uptime, and the Discord channel assigned to that device.

Operator activity and exfiltration

Figure 10: Powershell commands sent through Discord to exfiltrate data.

Once a device is registered, the attacker can issue commands through its dedicated Discord channel. In the observed activity, the attacker compressed a directory into a ZIP and exfiltrated it using ngrok.

Figure 11: Download command to retrieve a document from the target.

‍

The operator can also use !download to retrieve files from target. The example above displays a request for a specific document on the victim’s desktop. The requested file is then returned through the device’s Discord channel, giving the attacker a direct way to store and access selected data.

Conclusion

CikaBika Bot demonstrates how attackers continue to rely on social engineering techniques to deliver malware. Although the initial distribution method has not been confirmed, the use of a disk image containing a shortcut disguised as a Word document, alongside a legitimate-looking PDF, suggests the campaign was designed for phishing.

While Nim is less commonly encountered than C in Windows malware, it has increasingly appeared in malicious tooling. In this case, Nim is used to unpack and deploy a Rust-based RAT, adding another layer to the infection chain.

Once installed, CikaBika Bot uses Discord as its C2 platform, allowing the attacker to manage compromised devices, execute commands, and retrieve files without maintaining dedicated C2 infrastructure. The observed use of Discord channels for individual victims, alongside additional data exfiltration through ngrok, shows how legitimate services can be repurposed to support malicious operations.

Credit to Tara Gould (Malware Research Lead)

Indicators of Compromise (IoCs)

Presentation_Generale.pdf.pdf - eeb52cb95113a131c2c7713c17872da6

Proposition_Projet_Personnalisable.docx.lnk - 62e3e85eca78a0cd7e6669e9f33d936d

dbghelp.dll - c66858718d883bcfb9ce2c19b59f96c9

IfyuUapz.txt - 2deb724a709b0b892248405323350e9b

MITRE ATTACK

T1204.002 – User Execution: Malicious File
T1036.007 – Masquerading: Double File Extension
T1059.001 – PowerShell
T1027 – Obfuscated Files or Information
T1140 – Deobfuscate/Decode Files or Information
T1548.002 – Bypass User Account Control
T1112 – Modify Registry
T1574.001 – DLL Search Order Hijacking
T1036.005 – Masquerading: Match Legitimate Resource Name or Location
T1082 – System Information Discovery
T1016 – System Network Configuration Discovery
T1057 – Process Discovery
T1113 – Screen Capture
T1059.003 – Command and Scripting Interpreter: Windows Command Shell
T1102.002 – Web Service: Bidirectional Communication
T1560.001 – Archive Collected Data: Archive via Utility
T1567 – Exfiltration Over Web Service
T1070.004 – Indicator Removal: File Deletion
T1218.010 – Regsvr32
T1005 – Data from Local System
T1074.001 – Data Staged: Local Data Staging
T1041 – Exfiltration Over C2 Channel
T1564.003 – Hide Artifacts: Hidden Window
T1027.013 – Encrypted/Encoded File

Continue reading
About the author
Tara Gould
Malware Research Lead
Your data. Our AI.
Elevate your network security with Darktrace AI