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January 26, 2016

Report: Cybercriminals Are Cooking up Malware in Record Numbers

2015 was a record year for the number of malware samples, a total that stands at 84 million new samples from 2014. That’s already 9 million more new malware strains than 2014.

Researchers from Panda Security have released figures to claim a total of 84 million new malware samples that were detected and disabled in 2015.

A press release by the Spanish security company revealed the startling number to be nine million new samples more than the previous year – 2014. Essentially, that’s 230,000 new malware samples produced every single day on average throughout 2015.

2015 also saw another record notched up wherein 27 percent of all malware samples – ever recorded – [...]

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September 9, 2015

New Android Malware ‘MKero’ Packs a Heavy Financial Punch

Security researchers at Bitdefender have revealed a new CAPTCHA-bypassing Android malware – Mkero, that is embedded in Google Play store as applications by malicious developers. The malware is designed to get thousands of users to subscribe to premium-rate SMS services, which adds up to a big pot of money.

Security researchers estimate that if each victim signed up for just one premium-rate number, conservatively, a service that charges $0.5 per SMS per month could amount to gains of up to $250,000 by the malware, reports Net Security.

Bitdefender warns that at least seven Android applications in Google’s Play Store contain the MKero malware. After notifying Google of [...]

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September 4, 2015

Sophisticated Malware ‘Carbanak Trojan’ Robbing Banks of a Billion Dollars Returns

Danish cybersecurity researchers have discovered newer and improved variants of the notorious Carbanak Trojan, now surfacing to target banks and financial institutions in U.S. & Europe.

Carbanak, the malware that enabled a cyber-gang to siphon over $1 billion from a hundred financial institutions all over the world has made its presence known again. Peter Kruse, a security specialist at CSIS, details the findings with an analysis in a blog post.

The malware has evolved over time and now has its own proprietary communications protocol and samples researched by security researchers confirm they are digitally signed.

The Billion-Dollar Heist

The Carbanak malware [...]

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