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AI-Enhanced Python Malware Targets Brazilian Financial Institutions via WhatsApp

Updated 3mo agoFirst seen Dec 3, 20254 sources

A threat campaign known as Water Saci has escalated its attacks on Brazilian financial institutions and cryptocurrency exchanges by deploying a new Python-based malware variant. This campaign leverages artificial intelligence (AI) to convert previous PowerShell propagation scripts into Python, resulting in broader browser compatibility, improved error handling, and faster automation of malware delivery through WhatsApp Web. The attackers use a highly layered attack chain involving multiple file formats such as HTA files, ZIP archives, and PDFs to evade detection and complicate analysis, with the ultimate goal of stealing sensitive data and monitoring user activity on compromised machines.

The campaign primarily targets enterprise users of WhatsApp in Brazil, exploiting social engineering tactics to deliver malicious payloads through convincing messages from trusted contacts. Researchers warn that the use of AI-driven code conversion and multi-format delivery methods marks a significant evolution in the threat landscape, making these attacks more sophisticated and harder to detect. While the campaign is currently concentrated in Brazil, there is concern it could expand to other Latin American countries as the techniques continue to evolve.

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AI-Enhanced Python Malware Targets Brazilian Financial Institutions via WhatsApp
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EVENT TIMELINE

How this story unfolded

4 events from the most recent confirmed update back to the earliest known activity.

4 EVENTS
Dec 2, 20257mo ago

Trend Micro publicly discloses Water Saci campaign and mitigations

Trend Micro published research detailing the Water Saci campaign, its AI-enhanced Python variant, and its WhatsApp worm propagation in Brazil. The company also recommended mitigations such as disabling WhatsApp auto-downloads, restricting file transfers, and strengthening endpoint and application controls.

Researchers link Water Saci malware to Casbaneiro/Metamorfo lineage

Analysis of the banking trojan and delivery chain found strong structural ties to the Casbaneiro/Metamorfo malware family. The malware was described as capable of credential theft, banking activity fingerprinting, registry-based persistence, process hollowing, and IMAP-based command-and-control updates.

Campaign evolves from PowerShell to Python-based propagation

Researchers reported that Water Saci updated its malware propagation from a PowerShell-based approach to a Python variant, improving browser compatibility, automation, and evasion. The change was assessed as likely aided by AI or large language model tooling used to convert and enhance the codebase.

Water Saci operates WhatsApp-based banking trojan campaign in Brazil

A threat campaign attributed to Water Saci targeted Brazilian banking and cryptocurrency users using WhatsApp as a self-propagating infection channel. The operation used layered payloads including HTA, ZIP, PDF, MSI, and AutoIt components to deliver a banking trojan with persistence, anti-analysis, and remote-control capabilities.

LINKED ENTITIES

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59 LINKEDOpen in app
Affected products
2 linked
WindowsWhatsapp
Organizations
50 linked
Trend MicroMeta PlatformsBanco do BrasilBanco SantanderItaú UnibancoSicoobSicrediCaixa Econômica FederalWater SaciCybleElectrum Technologies GmbHBinanceByBitSolflareKrakenCoinbaseOKXPhantom TechnologiesMicrosoft CorporationMetamaskTrust WalletFoxbitCrypto.comJaxxBitfinexBitPrecoFlowBTCNovaDAXTrezorHuobiMyEtherWalletCoinomiMyCryptoAtomic WalletMercado BitcoinBraziliexBitstampKuCoinGate.ioTokenPocketBitcoin TradeSorvepotelEternidadeTopaz OFDWarsawLedgerBlockchain.comMercado PagoExodus MovementTERRA.COM
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AI-Enhanced Python Malware Targets Brazilian Financial Institutions via WhatsApp | Mallory