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A Russian man accused of developing and distributing the Citadel Banking Trojan , which infected nearly 11 Million computers globally and caused over $500 Million in losses, has finally pleaded guilty to charges of computer fraud. Mark Vartanyan, 29, who was very well known as " Kolypto ," pleaded guilty in an Atlanta courtroom on Monday to charges related to computer fraud and is now co-operating with federal prosecutors in return for a reduced sentence of no more than five years in prison. Vartanyan, a native of Moscow, was arrested in Norway in October 2014 and extradited to the United States in December last year. He was involved in the development, improvement, maintenance and distribution of the nasty Citadel Trojan. "This successful extradition is yet another example of how cooperation among international law enforcement partners can be used to disrupt and dismantle global cyber syndicates," said U.S. Attorney John Horn. "This defendant's

Unless we are a human supercomputer, remembering password is not an easy task and that too, if you have a different password for every different site. But luckily to make the whole process easy, there is a growing market for password managers which provides an extra layer of protection. Wait! Wait! Seriously?? Security researchers have discovered a new variant of data-stealing Citadel Trojan program used by cybercriminals to slurp up users' master passwords for a number of password management applications and other authentication programs, which will let you think twice before using one. Citadel Trojan malware program has typically been used to steal online banking credentials and other financial information by masquerading itself as legitimate banking sites when victims open it in their local browser, which is also known as a man-in-the-browser attack . The malware has previously targeted users' credentials stored in the password management applications included

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

Microsoft and the FBI have taken down a botnet that controlled millions of infected PCs, which was responsible for massive bank fraud.  Botnets are networks of computers infected with viruses that let them be controlled by hackers. The outfit runs the Citadel Botnets and is believed to have stolen more than $500 million from bank accounts over the past 18 months. Citadel is one of the biggest botnets in operation today. Citadel is a banking Trojan that has been in existence since 2011. As with most banking Trojans, Citadel is a full crimeware kit, providing the attackers with payload builders, a command and control (C&C) server infrastructure, and configuration scripts to target various banks. Citadel infected as many as 5 million PCs around the world including here in Australia and according to Microsoft, was used to steal from dozens of financial institutions, including American Express, Bank of America, Citigroup, Credit Suisse, eBay's PayPal, HSBC, JPM

Recently we published an article on the attacks against Japanese banks using a new variant of the popular Zeus , one of the most prolific malware of recent history, security experts in fact have detected various versions of the popular malicious code that hit also mobile and social networking platforms . Due its flexibility the malware has been re-engineered several times by cyber criminals that adapted its structure to specific purposes and context, leaving unchanged its core capabilities of stealing banking credentials of victims. Zeus has been a huge success in the criminal circles especially for the sales model, as malware as service, implemented by its authors on many underground sites, let's remind for example the Citadel Trojan one of the most popular on the crimeware market. Fortunately its author, known as Aquabox , has been banned from a large online forum that sells malware and other services to cyber criminals, but many security firms consider Citadel Trojan still very

It sounds like an air traveler's nightmare, Researchers at Trusteer recently uncovered a variant of the Citadel Trojan targeting the virtual private network (VPN) credentials used by employees at a major airport.The firm would not disclose the name of the airport because the situation is being investigated by law enforcement. Many businesses use VPNs to provide outside workers with access to secure data. Incursions on these networks often involve advanced "Man in the Browser" malware such as the Citadel, Zeus, and SpyEye programs. The man-in-the-browser (MITB) assault first used form-grabbing malware, which steals data entered into web forms before it is passed over the internet, to steal the airport employees' VPN usernames and passwords, Amit Klein, Trusteer's chief technology officer, said in a blog post. "This was potentially very dangerous, but we don't know whether the attacker group was targeting the financial system of the airport for economic gain or if the attack wa

A new and relatively rare Zeus Trojan  program has found which is totally different from other banking Trojans and has capability to secretly steal data from forms, login credentials and files from the victim as well as can create fake web pages and take screenshots of victim's computer. Researchers at RSA Security's FraudAction team have discovered this new and critical threat, dubbed as ' Pandemiya ', which is being offered to the cyber criminals in underground forums as an alternative to the infamous Zeus Trojan and its many variants, that is widely used by most of the cyber-criminals for years to steal banking information from consumers and companies. The source code of the Zeus banking Trojan is available on the underground forums from past few years, which lead malware developers to design more sophisticated variants of Zeus Trojan such as Citadel, Ice IX and Gameover Zeus . But, Pandemiya is something by far the most isolated and dangerous piece of malware

Estonian based web security startup WebARX, the company who is also behind open-source plugin vulnerability scanner WPBullet and soon-to-be-released bug bounty platform plugbounty.com , has a big vision for a safer web. It built a defensive core for websites which is embedded deep inside the company's DNA as even ARX in their name refers to the citadel (the core fortified area of a town or city) in Latin. WebARX—web application security platform—allows web developers and digital agencies to get advanced website security integrated with every site and makes it more effective and less time-consuming to manage security across multiple websites. You can find reviews such as "WebARX - the Swiss army knife that secures my websites!", "The security software that I use every day," "Many Promise - WebARX Delivers" from their Trustpilot page, so where is all that coming from? Serious Team With A Unique Focus WebARX is solving a very specific probl

Security researchers have uncovered a previously undetected group of Russian-speaking hackers that has silently been targeting Banks, financial institutions, and legal firms, primarily in the United States, UK, and Russia. Moscow-based security firm Group-IB published a 36-page report on Monday, providing details about the newly-disclosed hacking group, dubbed MoneyTaker , which has been operating since at least May 2016. In the past 18 months, the hacking group is believed to have conducted more than 20 attacks against various financial organisations—stolen more than $11 Million and sensitive documents that could be used for next attacks. According to the security firm, the group has primarily been targeting card processing systems, including the AWS CBR (Russian Interbank System) and SWIFT international bank messaging service (United States). " Criminals stole documentation for OceanSystems' FedLink card processing system, which is used by 200 banks in Latin America

Researchers at Trusteer   spotted a new banking malware program on the underground Russian cybercrime market , that communicates with attackers over the I2P anonymity network is for sale on underground Russian cybercrime forums. Dubbed ' i2Ninja ', malware has most of the features found in other financial malware including the ability to perform HTML injections and form grabbing in Internet Explorer, Firefox and Chrome. i2Ninja can also steal FTP and e-mail credentials. It also has a PokerGrabber module feature that targets poker sites. The traffic between the malware and the command server cannot be easily blocked by intrusion prevention systems or firewalls because it's encrypted and transmitting over the Invisible Internet Project (I2P). Everything from delivering configuration updates to receiving stolen data and sending commands is done via the encrypted I2P channels. I2P communication can make it much harder for security researchers to find and take

Zeus 2.x variant includes ransomware features Cybercriminals are getting more sophisticated, as reports are coming in that hacker coders have successfully merged a ransom trojan with a Zeus malware successor called Citadel . A notorious malware platform targeting financial information has added a new trick to its portfolio a digital version of hijack and ransom. F-Secure researchers have recently spotted a new Zeus 2.x variant that includes a ransomware feature. Basically a customised version of Zeus, the malware aims to provide better support for its offshoot of the Zeus code base, whilst at the same time allowing clients to vote on feature requests and code their own modules for the crimeware platform. Net-security explains the working of this Zeus 2.x variant,that Once this particular piece of malware is executed, it first opens Internet Explorer and points it towards a specific URL : lex.creativesandboxs.com/locker/lock.php. Simultaneously, the users are blocked from doing an

Group-IB , a Russian cybercrime investigation company has discovered a zero-day vulnerability, affects Adobe Reader X and Adobe Reader XI. The vulnerability is also included in new modified version of Blackhole Exploit-Kit , which is used for the distributing the banking Trojans (Zeus, Spyeye, Carberp, Citadel) with the help of exploitation different vulnerabilities in client-side software. The particular exploit is available in underground forums for as much as $50,000 and bug is dangerous because it permits cybercriminals to run arbitrary shellcode by bypassing the sandbox feature integrated into the more recent versions of Adobe Reader. For now this flaw is distributed only in only small circles of the underground but it has the potential for much larger post-exploitation methods. The exploit is limited to  Microsoft Windows installations of Adobe Reader and it can't be fully executed until the user closes his Web browser (or Reader). Adobe representatives said that

Cyber crime enterprise is showing a growing interest in monetization of botnets , the most targeted sector in recent months is banking. One of most active malware that still menaces Banking sector is the popular Zeus . Zeus is one of the oldest, it is active since 2007, and most prolific malware that changed over time according numerous demands of the black-market. Recently, Underground forums are exploded the offer of malicious codes, hacking services and bullet proof hosting to organize a large scale fraud. Cyber criminals are selling kits at reasonable prices or entire botnets for renting, sometimes completing the offer with information to use during the attacks. The model described, known also as a Fraud-as-a-Service , is winning, malicious code such as Zeus, SpyEye , Ice IX, or even Citadel have benefited of the same sales model, cyber criminals with few hundred dollars are able to design their criminal operation. Since now the sales model and the actor invol

The cybersecurity world is constantly evolving to new forms of threats and vulnerabilities. But ransomware proves to be a different animal—most destructive, persistent, notoriously challenging to prevent, and is showing no signs of slowing down. Falling victim to a ransomware attack can cause significant data loss, data breach, operational downtime, costly recovery, legal consequences, and reputational damage. In this story, we have covered everything you need to know about ransomware and how it works. What is ransomware? Ransomware is a malicious program that gains control over the infected device, encrypts files, and blocks user access to the data or a system until a sum of money, or ransom, is paid. Crooks' scheme includes a ransom note—with amount and instructions on how to pay a ransom in return for the decryption key—or direct communication with the victim. While ransomware impacts businesses and institutions of every size and type, attackers often target healthcare, e

Two Eastern European nationals have been sentenced in the U.S. for offering "bulletproof hosting" services to cybercriminals, who used the technical infrastructure to distribute malware and attack financial institutions across the country between 2009 to 2015. Pavel Stassi, 30, of Estonia, and Aleksandr Shorodumov, 33, of Lithuania, have been each sentenced to 24 months and 48 months in prison, respectively, for their roles in the scheme. Court documents showed that both the individuals worked as administrators for an unnamed bulletproof hosting service provider that rented out IP addresses, servers, and domains to cybercriminal clients to disseminate malware such as Zeus, SpyEye, Citadel, and the Blackhole Exploit kit that were used to gain access to victims' machines, co-opt them to a botnet, and siphon banking credentials. The development comes months after Stassi and Shorodumov, along with the service's Russian founders Aleksandr Grichishkin and Andrei Skvort

Four Eastern European nationals face 20 years in prison for Racketeer Influenced Corrupt Organization (RICO) charges after pleading guilty to providing bulletproof hosting services between 2008 and 2015, which were used by cybercriminals to distribute malware to financial entities across the U.S. The individuals, Aleksandr Grichishkin, 34, and Andrei Skvortsov, 34, of Russia; Aleksandr Skorodumov, 33, of Lithuania; and Pavel Stassi, 30, of Estonia, have been accused of renting their wares to cybercriminal clients, who used the infrastructure to disseminate malware such as Zeus, SpyEye, Citadel, and the Blackhole Exploit Kit that were capable of co-opting victim machines into a botnet, and stealing sensitive information. The deployment of malware caused or attempted to cause millions of dollars in losses to U.S. victims, the U.S. Department of Justice (DoJ) said in a statement on Friday. "A key service provided by the defendants was helping their clients to evade detection by

A Latvian hacker behind the development and operation of counter antivirus service "Scan4You" has finally been sentenced to 14 years in prison. 37-year-old Ruslans Bondars, described as a Latvian "non-citizen" or "citizen of the former USSR who had been residing in Riga, Latvia," was found guilty on May 16 in federal court in Alexandria, during which a co-conspirator revealed he had worked with Russian law enforcement. Bondars created and ran Scan4you—a VirusTotal like online multi-engine antivirus scanning service that allowed hackers to run their code by several popular antiviruses to determine if their computer virus or malware would be flagged during routine security scans before launching them into a real-world malware campaign. While legal scanning services share data about uploaded files with the antivirus firms, Scan4you instead informed its users that they could "upload files anonymously and promised not to share information about the