T1657

Financial Theft

Linux · macOS · Office Suite · SaaS · Windows3 pieces on this siteT1657 on attack.mitre.org

Adversaries may steal monetary resources from targets through extortion, social engineering, technical theft, or other methods aimed at their own financial gain at the expense of the availability of these resources for victims. Financial theft is the ultimate objective of several popular campaign types including extortion by ransomware, business email compromise (BEC) and fraud, "pig butchering," bank hacking, and exploiting cryptocurrency networks.

MITRE ATT&CK 19.2, retrieved 2026-09-12

If this is happening now

3

Checklists and playbooks to open while the alert is still live.

First-hour playbookMembers

The payment has already gone

A supplier says they never received it, or a bank detail change turns out to be fraudulent.

T1657
First-hour playbookMembers

An extortion demand, and nothing is encrypted

A message to staff, executives or a public address claiming to hold your data and demanding payment, often with a sample or a file listing, while every system is running normally.

T1657

how MITRE says to see it

Detection Strategy for Financial Theft

  • Monitor for anomalous access to financial applications, browser-based banking sessions, or enterprise ERP systems from Windows endpoints. Detect mass emailing of payment instructions, sudden rule changes in Outlook for financial staff, or use of clipboard data exfiltration tied to cryptocurrency wallet addresses.
  • Monitor server and endpoint logs for unusual outbound network connections to cryptocurrency nodes, unauthorized scripts accessing financial systems, or automation targeting payment file formats. Detect curl/wget activity aimed at exfiltrating transaction data or credentials from financial apps.
  • Monitor unified logs for access to payment applications, browser plug-ins, or Apple Pay services from non-standard processes. Detect anomalous use of Automator scripts or keychain extraction targeting financial account credentials.
  • Monitor SaaS financial systems (e.g., QuickBooks, Workday, SAP S/4HANA cloud) for unauthorized access, rule changes, or mass export of financial data. Detect anomalous transfers initiated via SaaS APIs or new MFA-disabled logins targeting finance apps.

what reduces it

  • M1017 User Training. Train and encourage users to identify social engineering techniques used to enable financial theft. Also consider training users on procedures to prevent and respond to swatting and doxing, acts increasingly deployed by financially motivated groups to further coerce victims into satisfying ransom/extortion demands.
  • M1018 User Account Management. Limit access/authority to execute sensitive transactions, and switch to systems and procedures designed to authenticate/approve payments and purchase requests outside of insecure communication lines such as email.

The description, detection analytics and mitigations are reproduced from MITRE ATT&CK, version 19.2, under its terms of use. The checklists, hunts, labs and everything else linked here are this site’s.