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Creators of  SpyEye Virus Sentenced to 24 Years in Prison

Creators of SpyEye Virus Sentenced to 24 Years in Prison

April 21, 2016Swati Khandelwal
In Brief Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware. Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide. Masterminds behind the development and distribution of the infamous " SpyEye " botnet have finally been sentenced to a combined total of 24 years and 6 months in prison. Aleksandr Andreevich Panin and Hamza Bendelladj have been sentenced for their roles in developing and distributing SpyEye malware that is said to have caused hundreds of millions of dollars in losses to the financial sector, the U.S. Justice Department said  on Wednesday. SpyEye, a successor to the notorious Zeus banking malware , has affected financial institutions since 2009. Once infected, the malware connects t
Self-Service Bank Passbook Printing Machines Leak Customers Financial Details

Self-Service Bank Passbook Printing Machines Leak Customers Financial Details

August 07, 2015Wang Wei
Gone are the days when you had to wait in a queue to get your Bank passbook updated. With the implementation of automated machines in Banks, it's now a game of seconds to update your passbook yourself. Bank Passbook is a copy of the customer's account in the books of the bank which includes client's current account balance and transaction details (deposits and withdrawals). But, Are these Automated Machines holding your Financial Information Hack-Proof? Last year, Major Indian Banks rolled out a barcode based passbook printers called ‘ Swayam ’ which can be operated by customers themselves. 17-year-old Indian bug hunter, Indrajeet Bhuyan , found that the barcode technology used by more than 3000 Indian Banking Branches, including State Bank of India , UCO Bank and Canara Bank , is vulnerable to information disclosure. To use Swayam, the s elf-service passbook printing machine , the customers need just to feed their passbook into the machine, which will read the barcod
New Banking Malware with Network Sniffer Spreading Rapidly Worldwide

New Banking Malware with Network Sniffer Spreading Rapidly Worldwide

June 28, 2014Swati Khandelwal
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
Twitter Malware spotted in the wild stealing banking credentials

Twitter Malware spotted in the wild stealing banking credentials

April 22, 2013Mohit Kumar
Trusteer researcher Tanya Shafir   has recently identified an active configuration of TorRAT targeting Twitter users. Other than  spreading ideas on the most popular social networks, now cyber criminals are spreading  malware . The malware launches a Man-in-the-Browser (MitB) attack through the browser of infected PCs, gaining access to the victim’s Twitter account to create malicious tweets.  Because the malware creates malicious tweets and sends them through a compromised account of a trusted person or organization being followed, the tweets seem to be genuine. Those tweets contain malicious links and they read : “ Our new King William will earn even more than Beatrix. Check his salary” or “Beyonce falls during the Super Bowl concert, very funny!!!! ” At this time the attack is targeting the Dutch market. The malware spreading via the online social networking service, used as a financial malware to gain access to user credentials and target their financial transactions. The a
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