New cyber threat tracks online banking
SECURITYBy BiztechAfrica - Aug. 9, 2012, 8:25 p.m.
Kaspersky Lab has announced the discovery of ‘Gauss’, a new cyber-threat targeting users in the Middle East. Gauss is a complex, nation-state sponsored cyber-espionage toolkit designed to steal sensitive data, with a specific focus on browser passwords, online banking account credentials, cookies, and specific configurations of infected machines.
The online banking Trojan functionality found in Gauss is a unique characteristic that was not found in any previously known cyber-weapons.
Gauss was discovered during the course of the ongoing effort initiated by the ITU following the discovery of Flame. The effort is aimed at mitigating the risks posed by cyber-weapons, which is a key component in achieving the overall objective of global cyber-peace.
ITU, with expertise provided by Kaspersky Lab, is taking important steps to strengthen global cyber-security by actively collaborating with all relevant stakeholders such as governments, the private sector, international organizations and civil society, in addition to its key partners within the ITU-IMPACT initiative.
Kaspersky Lab’s experts discovered Gauss by identifying commonalities the malicious program share with Flame. These include similar architectural platforms, module structures, code bases and means of communication with command & control (C&C) servers.
Analysis indicates that Gauss began operations in the September 2011 timeframe. It was first discovered in June 2012, resulting from the knowledge gained by the in-depth analysis and research conducted on the Flame malware.
The Gauss C&C infrastructure was shutdown in July 2012 shortly after its discovery. Currently the malware is in a dormant state, waiting for its C&C servers to become active.
Since late May 2012, more than 2,500 infections were recorded by Kaspersky Lab’s cloud-based security system, with the estimated total number of victims of Gauss probably being in the tens of thousands. This number is lower compared to the case of Stuxnet but it’s significantly higher than the number of attacks in Flame and Duqu.
Gauss steals detailed information about infected PCs including browser history, cookies, passwords, and system configurations. It is also capable of stealing access credentials for various online banking systems and payment methods.
Analysis of Gauss shows it was designed to steal data from several Lebanese banks including the Bank of Beirut, EBLF, BlomBank, ByblosBank, FransaBank and Credit Libanais. In addition, it targets users of Citibank and PayPal.
Another key feature of Gauss is the ability to infect USB thumb drives, using the same LNK vulnerability that was previously used in Stuxnet and Flame. At the same time, the process of infecting USB sticks is more intelligent. Gauss is capable of “disinfecting” the drive under certain circumstances, and uses the removable media to store collected information in a hidden file. Another activity of the Trojan is the installation of a special font called Palida Narrow, and the purpose of this action is still unknown.
Alexander Gostev, Chief Security Expert, Kaspersky Lab, commented: “Gauss bears striking resemblances to Flame, such as its design and code base, which enabled us to discover the malicious program. Similar to Flame and Duqu, Gauss is a complex cyber-espionage toolkit, with its design emphasizing stealth and secrecy; however, its purpose was different to Flame or Duqu. Gauss targets multiple users in select countries to steal large amounts of data, with a specific focus on banking and financial information.”
MORE SECURITY NEWS
Benin’s internet cafés become headquarters for cybercrimeInternet cafés in the West African nation of Benin appear to be fast becoming ‘command centres’ for online scammers. Read More
Heartbleed a ‘severe vulnerability’Today will be a memorable one in cybersecurity history, thanks to the end of Windows XP support and the coming to light of the Heartbleed Open SSL vulnerability, says Lucas Zaichkowsky, Enterprise Defense Architect at AccessData. Read More
Kaspersky Lab Launches worldwide interactive cyberthreat mapKaspersky Lab has launched an interactive cyberthreat map that visualises cyber security incidents occurring worldwide in real time. Read More
Kaspersky Lab study: about one third of all phishing attacks aimed at stealing moneyCybercriminals are trying harder than ever to acquire confidential user information and steal money from bank accounts, says a new study by Kaspersky Lab. Read More
Uganda to host Banking Fraud and ICT Security ConferenceThe 3rd Annual East Africa Banking and ICT Security Summit will be held on April 25 in Kampala Uganda. Read More
Kenya’s cyber security strategy enters homestretchKenya is putting in place a cyber security strategy to protect the country’s online assets. Read More
Over the NSA surveillance hype? Here’s why you shouldn’t beA year after the Snowden revelations, the panic has died down and most companies and individuals are carrying on as they did before. But they shouldn’t be, says JJ Milner, MD of Global Micro. Read More
Three layers of security: crucial for businessBusinesses today need to focus equally on physical, personnel and cyber security in order to mitigate risk in the face of growing criminal focus on enterprise data, says UK-based security expert Chris Phillips. Read More
2014 Banking and ICT summits pegged for Uganda, Zambia and EthiopiaCyber Security Africa has announced that its 2014 Banking and ICT summits will be hosted in Uganda, Zambia and Ethiopia. Read More
FEATURED STORYKenyan shift to Green Economy would generate USD 45bn by 2030
Kenya’s transition to a green economy could produce major economic benefits equivalent to an estimated USD 45 billion by 2030, a new study shows.
BEST READ NEWS
IN DEPTHE-waste threatens Ghana’s beaches
Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.