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FBI Puts $5 Million Bounty On Russian Hackers Behind Dridex Banking Malware

FBI Puts $5 Million Bounty On Russian Hackers Behind Dridex Banking Malware

Dec 05, 2019
The United States Department of Justice today disclosed the identities of two Russian hackers and charged them for developing and distributing the Dridex banking Trojan using which the duo stole more than $100 million over a period of 10 years. Maksim Yakubets , the leader of 'Evil Corp' hacking group, and his co-conspirator Igor Turashev primarily distributed Dridex — also known as ' Bugat ' and ' Cridex ' — through multi-million email campaigns and targeted numerous organizations around the world. The State Department has also announced a reward of up to $5 million—the largest offered bounty to date for a cybercrime suspect—for providing information that could lead to the arrest of Yakubets, who remains at large. "Bugat is a multifunction malware package designed to automate the theft of confidential personal and financial information, such as online banking credentials, from infected computers," the DoJ said in its press release . &qu
New Cridex Banking Trojan variant Surfaces with Self-Spreading Functionality

New Cridex Banking Trojan variant Surfaces with Self-Spreading Functionality

Jul 02, 2014
In an effort to infect large number of people, cybercriminals have developed a new malicious software program that contains functionality to spread itself quickly. Geodo , a new version of the infamous Cridex (also known as Feodo or Bugat ) banking information stealing Trojan works in conjunction with a worm that sends out emails automatically to continue its self-spreading infection method, effectively turning each infected Windows system in the botnet for infecting new targets, Seculert warned . The Infected Windows systems in the botnet network download and install an additional piece of malware (i.e. an email worm) from the Botnet 's command and control servers, provided with approximately 50,000 stolen SMTP account credentials including those of the associated SMTP servers. The stolen SMTP credentials appeared to come from Cridex victims and with the help of those credentials, the malware then sends out emails from legitimate accounts to other potential victim
GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams

Apr 17, 2024SaaS Security / AI Governance
The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo
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