EMOTET Malware | Breaking Cybersecurity News | The Hacker News

Cybersecurity agencies across Asia and Europe have issued multiple security alerts regarding the resurgence of email-based Emotet malware attacks targeting businesses in France, Japan, and New Zealand. "The emails contain malicious attachments or links that the receiver is encouraged to download," New Zealand's Computer Emergency Response Team (CERT) said. "These links and attachments may look like genuine invoices, financial documents, shipping information, resumes, scanned documents, or information on COVID-19, but they are fake." Echoing similar concerns, Japan's CERT (JPCERT/CC) cautioned it found a rapid increase in the number of domestic domain (.jp) email addresses that have been infected with the malware and can be misused to send spam emails in an attempt to spread the infection further. First identified in 2014 and distributed by a threat group tracked as TA542 (or Mummy Spider), Emotet has since evolved from its original roots as a s

Emotet, a notorious email-based malware behind several botnet-driven spam campaigns and ransomware attacks, contained a flaw that allowed cybersecurity researchers to activate a kill-switch and prevent the malware from infecting systems for six months. "Most of the vulnerabilities and exploits that you read about are good news for attackers and bad news for the rest of us," Binary Defense's James Quinn said. "However, it's important to keep in mind that malware is software that can also have flaws. Just as attackers can exploit flaws in legitimate software to cause harm, defenders can also reverse-engineer malware to discover its vulnerabilities and then exploit those to defeat the malware." The kill-switch was alive between February 6, 2020, to August 6, 2020, for 182 days, before the malware authors patched their malware and closed the vulnerability. Since its first identification in 2014, Emotet has evolved from its initial roots as a banking

Wing Security recently announced that basic third-party risk assessment is  now available as a free product . But it raises the questions of how SaaS is connected to third-party risk management (TPRM) and what companies should do to ensure a proper SaaS-TPRM process is in place. In this article we will share 5 tips to manage the third-party risks associated with SaaS, but first...  What exactly is Third-Party Risk Management in SaaS? SaaS is rapidly growing, offering businesses convenience, swift implementations, and valuable opportunities. However, this growth introduces a security challenge where risks arise from the interconnected nature of SaaS supply chains. It is clear that before onboarding a new contractor or vendor, we need due diligence, security checks, and referrals. However, we now understand that in the SaaS domain, applications are, in fact, the go-to vendor of choice.  Let's explain: Any employee can very easily connect SaaS vendors to company data, granting them pe

Emotet, the notorious trojan behind a number of botnet-driven spam campaigns and ransomware attacks, has found a new attack vector: using already infected devices to identify new victims that are connected to nearby Wi-Fi networks. According to researchers at Binary Defense , the newly discovered Emotet sample leverages a "Wi-Fi spreader" module to scan Wi-Fi networks, and then attempts to infect devices that are connected to them. The cybersecurity firm said the Wi-Fi spreader has a timestamp of April 16, 2018, indicating the spreading behavior has been running "unnoticed" for close to two years until it was detected for the first time last month. The development marks an escalation of Emotet's capabilities, as networks in close physical proximity to the original victim are now susceptible to infection. How Does Emotet's Wi-Fi Spreader Module Work? The updated version of the malware works by leveraging an already compromised host to list all

The hike in the banking malware this year is no doubt almost double compared to the previous one, and so in the techniques of malware authors. Until now, we have seen banking Trojans affecting devices and steal users' financial credentials in order to run them out of their money. But nowadays, malware authors are adopting more sophisticated techniques in an effort to target as many victims as possible. BANKING MALWARE WITH NETWORK SNIFFING Security researchers from the Anti-virus firm Trend Micro have discovered a new variant of banking malware that not only steals users' information from the device it has infected but, has ability to " sniff " network activity in an effort to compromise the devices of same network users as well. The banking malware, dubbed as EMOTET spreads rapidly through spammed emails that masquerade itself as a bank transfers and shipping invoices. The spammed email comes along with an attached link that users easily click, considering that t