New "Fileless Malware" Targets Banks and Organizations Spotted in the Wild
Feb 08, 2017
More than a hundred banks and financial institutions across the world have been infected with a dangerous sophisticated, memory-based malware that's almost undetectable, researchers warned. Newly published report by the Russian security firm Kaspersky Lab indicates that hackers are targeting banks, telecommunication companies, and government organizations in 40 countries, including the US, South America, Europe and Africa, with Fileless malware that resides solely in the memory of the compromised computers. Fileless malware was first discovered by the same security firm in 2014, has never been mainstream until now. Fileless malware is a piece of nasty software that does not copy any files or folder to the hard drive in order to get executed. Instead, payloads are directly injected into the memory of running processes, and the malware executes in the system's RAM. Since the malware runs in the memory, the memory acquisition becomes useless once the system gets reboot