SpyEye banking Trojan | Breaking Cybersecurity News | The Hacker News

The Law enforcement agencies from six different European countries have taken down a major Ukrainian-based cyber criminals gang suspected of developing, distributing and deploying Zeus and SpyEye banking malware . According to the report on the official website of Europol, authorities have arrested five suspects between June 18 and 19. All the five suspects are the members of an alleged gang that has been accused of infecting tens of thousands of computers worldwide with malware and banking Trojans. The alleged cybercriminal group distributed and used Zeus and SpyEye malware to steal money from several major banks in Europe and outside. The gang constantly modified its malware Trojans to defeat the security protocols of banks and used " mule networks " to launder money. "On the underground digital forums, they actively traded stolen credentials, compromised bank account information and malware," Europol said in a statement on Thursday, "

Today, when we come across various malware, exploit kits and botnets that are in the wild, we think about an effective Antivirus solution or a Security Patch, but the most effective solution is always " The arrest of malware authors and culprits who are involved in the development of Malware. " Tilon has been an active malware family that was spotted first time in 2012, was specially designed to filch money from online bank accounts, that earlier various researchers found to be the new version of Silon , is none other than the SpyEye2 banking Trojan , according to researchers at security firm  Delft Fox-IT . Tilon  a.k.a  SpyEye2 is the sophisticated version of SpyEye Trojan . Majority functional part of the malware is same as of the SpyEye banking Trojan that was developed by a 24-year-old Russian hacker ' Aleksandr Andreevich Panin ' or also known as  Gribodemon , who was arrested in July 2013. ' SpyEye ', infected more than 1.4 million Computers

Continuous Threat Exposure Management (CTEM) is a strategic framework that helps organizations continuously assess and manage cyber risk. It breaks down the complex task of managing security threats into five distinct stages: Scoping, Discovery, Prioritization, Validation, and Mobilization. Each of these stages plays a crucial role in identifying, addressing, and mitigating vulnerabilities - before they can be exploited by attackers.  On paper, CTEM sounds great . But where the rubber meets the road – especially for CTEM neophytes - implementing CTEM can seem overwhelming. The process of putting CTEM principles into practice can look prohibitively complex at first. However, with the right tools and a clear understanding of each stage, CTEM can be an effective method for strengthening your organization's security posture.  That's why I've put together a step-by-step guide on which tools to use for which stage. Want to learn more? Read on… Stage 1: Scoping  When you're defin