Tech large IBM is warning of a brand new cyberattack marketing campaign that traps banking clients inside pretend browser screens whereas attackers watch their periods in actual time.
A senior risk researcher at IBM Trusteer says the marketing campaign is known as OverlordMX and was recognized in March 2026 focusing on monetary establishments in Latin America.
IBM says OverlordMX is an automatic banking trojan with a “man-in-the-browser” framework. Not like many automated banking trojans, IBM says the malware locations a Spanish-speaking operator on the heart of the assault, monitoring every sufferer’s banking session dwell.
The assault begins when malicious script injects hidden overlays into the sufferer’s internet browser. IBM says the script tracks the sufferer’s present URL and browser info each three seconds whereas additionally checking for brand new instructions from the attacker.
When the sufferer reaches a priceless second, reminiscent of a login web page, switch display screen or one-time password immediate, the attacker can activate a pretend bank-branded overlay. IBM says the display screen can’t be dismissed by way of regular actions, with no shut button and blocked makes an attempt to press ESC or click on outdoors the window.
The overlays can accumulate names, cellphone numbers, emails, credentials, one-time passwords and different delicate info. IBM says one overlay additionally pushes victims to obtain Distant Utilities Host, a official distant administration instrument abused by the attacker as a distant entry trojan.
As soon as put in, IBM says the operator can take management of the sufferer’s system, navigate the banking session, authorize fraudulent transfers and alter account settings. IBM says stolen funds are transferred to mule accounts whereas the sufferer is occupied by a loading display screen.
The corporate says the marketing campaign’s supply methodology has not but been conclusively decided.
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