Category Archives: banking malware

Unveiling the latest banking trojan threats in LATAM

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This post was made possible through the research contributions of Amir Gendler. In our most recent research in the Latin American (LATAM) region, we at IBM Security Lab have observed a surge in campaigns linked with malicious Chrome extensions. These campaigns primarily target Latin America, with a particular emphasis on its financial institutions. In this […]

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New Fakext malware targets Latin American banks

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Browser extensions have become integral to our online experience. From productivity tools to entertainment add-ons, these small software modules offer customized features to suit individual preferences. Unfortunately, extensions can prove useful to malicious actors as well. Capitalizing on the favorable characteristics of an add-on, an attacker can leverage attributes like persistence, seamless installation, elevated privileges […]

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PixPirate: The Brazilian financial malware you can’t see

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Malicious software always aims to stay hidden, making itself invisible so the victims can’t detect it. The constantly mutating PixPirate malware has taken that strategy to a new extreme. PixPirate is a sophisticated financial remote access trojan (RAT) malware that heavily utilizes anti-research techniques. This malware’s infection vector is based on two malicious apps: a […]

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How the ZeuS Trojan Info Stealer Changed Cybersecurity

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Information stealer malware is a type of malicious software designed to collect sensitive information from a victim’s computer. Also known as info stealers, data stealers or data-stealing malware, this software is true to its name: after infecting a computer or device, it’s highly adept at exfiltrating login credentials, financial information and personal data. Info stealers […]

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2022 Banking & Finance Security Intelligence Roundup

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The banking and finance industries deliver more services online now than ever before due to the pandemic. As a result, banking cybersecurity became more important than ever this year. Some of the threats to big data security in recent years included ransomware attacks, the growth of contactless payments, mobile malware attacks and even data breaches […]

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Top-Ranking Banking Trojan Ramnit Out to Steal Payment Card Data

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Shopping online is an increasingly popular endeavor, and it has accelerated since the COVID-19 pandemic. Online sales during the 2021 holiday season rose nearly 9% to a record $204.5 billion. Mastercard says that shopping jumped 8.5% this year compared to 2020 and 61.4% compared to pre-pandemic levels. Cyber criminals are not missing this trend. The […]

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BrazKing Android Malware Upgraded and Targeting Brazilian Banks

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Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile banking malware, we delved into the BrazKing malware’s inner workings following a sample found by MalwareHunterTeam. BrazKing is an Android banking Trojan from the overlay […]

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Banking and Finance Data Breaches: Costs, Risks and More To Know

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As each year passes, cybersecurity becomes more important for businesses and agencies of every size, in nearly every industry. In 2020, ransomware cases grew by 150%, and every 39 seconds, a new attack is launched somewhere on the web. A data breach also causes rising costs in banking and finance. What Happens in a Banking […]

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Ursnif Leverages Cerberus to Automate Fraudulent Bank Transfers in Italy

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Contributed to this research: Segev Fogel, Amir Gendler and Nethanella Messer.   IBM Trusteer researchers continually monitor the evolution and attack tactics in the banking sector. In a recent analysis, our team found that an Ursnif (aka Gozi) banking Trojan variant is being used in the wild to target online banking users in Italy with […]

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