ESET Threat Report: Social media flooded with deepfake scams; Formbook now the No. 1 infostealer

  • ESET H2 Threat Report released, summarising the threat landscape from June through November 2024.
  • Among infostealers, long-dominant Agent Tesla malware was replaced by Formbook; Lumma Stealer has increased by almost 400%.
  • Company-branded and deepfake scams increasingly target social media users with fraudulent investment schemes, rising by 335% during this period.
  • RansomHub grew significantly and is now the dominant ransomware-as-a-service (RaaS) player.
  • Cryptocurrency wallet data was one of the prime targets of malicious actors; the increase was most dramatic on macOS.

BRATISLAVA — December 16, 2024 — ESET has released its latest Threat Report, which summarises threat landscape trends seen in ESET telemetry and from the perspective of both ESET threat detection and research experts, from June through November 2024. Infostealers are one of the threat categories to experience a reshuffle, with the long-dominant Agent Tesla malware dethroned by Formbook – a well-established threat designed to steal a wide variety of sensitive data. Lumma Stealer too is becoming increasingly sought after by cybercriminals, appearing in several notable malicious campaigns in H2 2024. Its detections shot up by 369% in ESET telemetry. Social media saw a flood of new scams cropping up, using deepfake videos and company-branded posts to lure victims into fraudulent investment schemes. These scams, tracked by ESET as HTML/Nomani, saw a 335% increase in detections between reporting periods and were most prevalent in Japan, Slovakia, Canada, Spain, and Czechia.

“The second half of 2024 seems to have kept cybercriminals busy finding security loopholes and innovative ways to expand their victim pool, in the usual cat-and-mouse game with defenders. As a result, we’ve seen new attack vectors and social engineering methods, new threats skyrocketing in our telemetry, and takedown operations leading to shake-ups of previously established ranks,” says ESET Director of Threat Detection, Jiří Kropáč.

Among infostealers, notorious “infostealer-as-a-service” Redline Stealer was taken down by international authorities in October 2024. But it is expected that Redline Stealer’s demise will lead to the expansion of other similar threats. The ransomware landscape was reshaped by the takedown of former leader LockBit, creating a vacuum to be filled by other actors. RansomHub, a ransomware-as-a-service, stacked up hundreds of victims by the end of H2 2024, establishing itself as the new dominant player. China-aligned, North Korea-aligned and Iran-aligned APT groups have been getting more involved in ransomware attacks.

With cryptocurrencies reaching record values in H2 2024, cryptocurrency wallet data was one of the prime targets of malicious actors. In our telemetry, this was reflected in a rise in cryptostealer detections across multiple platforms. The increase was the most dramatic on macOS, where so-called Password-Stealing Ware – heavily targeting cryptocurrency wallet credentials – more than doubled compared to H1. AMOS (also known as Atomic Stealer), malware designed to collect and exfiltrate sensitive data from Mac devices, was a significant contributor to this increase. Android financial threats, targeting banking apps as well as cryptocurrency wallets, grew by 20%.

For more information, check out the ESET Threat Report H2 2024 on WeLiveSecurity.com. Make sure to follow ESET Research on Twitter (today known as X) for the latest news from ESET Research.

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