The Enterprise Security Supersite NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Network Security Viruses & Malware Cybercrime Security Solutions More Topics...
Druva inSync Free Trial
Druva inSync with DLP, analytics & secure file sharing.
www.druva.com/inSync-Trial
You are here: Home / Viruses & Malware / Costly Banking Trojan Dealt a Blow
Gartner's #1 for endpoint backup
Costly Citadel Banking Trojan Dealt a Blow
Costly Citadel Banking Trojan Dealt a Blow
By Jennifer LeClaire / Enterprise Security Today Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
JUNE
06
2013


Microsoft is putting its hero hat on this week. Redmond worked with members of the financial services industry and the FBI to scramble operations of a banking Trojan-horse program widely known as Citadel. The online sting saw more than 1,000 Citadel botnets taken offline.

According to Symantec, Citadel is a banking Trojan that has been doing its makers' dirty work since 2011. Like most banking Trojans, the security firm said, Citadel is a full crimeware kit. It provides the attackers with payload builders, a command and control (C&C) server infrastructure, and configuration scripts to target various banks. Citadel is a descendant of that other behemoth of the financial Trojan world, Trojan.Zbot (Zeus).

"Citadel is aimed at a more 'exclusive' attacker market than its more widespread predecessor, Zeus," Symantec's Orla Cox wrote in a blog post. "The Citadel kit is sold through underground Russian forums and typically costs around $3,000, compared to $100 for the SpyEye and leaked Zeus kits. Citadel users will also have to fork out a further $30-$100 to purchase Web inject code for the banks that they wish to target. Additionally, even if attackers have that money to spend, there is a strict vetting process with referrals required for new purchasers."

Weight of the Law

Symantec reports that Citadel infections have spread around the globe, but in the past six months the majority of infections have been in Australia, Italy and the U.S. While these take-downs may not eliminate the threat of Citadel completely, Cox said it certainly disrupts current campaigns and sends out a clear message to attackers that their actions are being monitored.

We caught up with Richard Westmoreland, a security analyst at SilverSky, to get his take on the take-downs. He told us out of all the bots, Zeus still remains infamous.

"Microsoft should be applauded for tackling the problem head-on, with appropriate credit also given to Agari [an e-mail security firm]. By taking legal action to disable resources used in botnets, it turns a virtual problem that is easy to ignore into a real problem that forces networking vendors to act," Westmoreland said.

"With enough momentum, these type of take-downs may fill a gap where regulatory compliance may not be applicable. Take-downs are disruptive and embarrassing to legitimate businesses and are best avoided via additional controls and security monitoring."

Weight of Corporations

We also asked Ken Pickering, development manager, security intelligence at CORE Security, for his thoughts. He told us it's encouraging to see security firms taking an active stance against large criminal botnets.

"These botnets are responsible for millions -- if not billions -- in fraud, and they infect millions of PCs worldwide. Realistically, if firms like Microsoft, Symantec and Kaspersky don't tackle this problem, who will?" he asked. "Traditional law enforcement boundaries and skill sets don't usually carry over well onto the Internet, so decisive actions from these large companies are essential if we're ever going to stop this plague."

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY BE OF INTEREST
Protect 100% of your Data The prevalence of laptops and mobile devices in the enterprise makes corporate data increasingly vulnerable to loss and breach. And yet, workforce productivity is now inextricably linked to mobility. Click here to access the white paper "Top 10 Endpoint Backup Mistakes" to learn more about how to confidently protect data across platforms and devices while also providing features designed to enhance the end user experience.
MORE IN VIRUSES & MALWARE
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Russian Gang with Stolen IDs Hacks Hosting Company
In August, a Russian cyber gang obtained what researchers called “the largest cache of stolen data." Now, those hackers may be putting their ill-gotten gains to criminal use.
 
Dairy Queen Latest Retailer To Report Hack
Known for its hot fries and soft-serve ice cream, Dairy Queen just made cyber history as the latest victim of a hack attack. The fast food chain said that customer data at some stores may be at risk.
 
Lessons from the JPMorgan Chase Cyberattack
JPMorgan Chase is investigating a likely cyberattack. The banking giant is cooperating with law enforcement, including the FBI, to understand what data hackers may have obtained.
 

Enterprise Hardware Spotlight
AMD's New FX Series CPU Breaks Processing Speed Record
The new FX-8370 processor from Advanced Micro Devices has set a record for silicon processor speed, the company announced. Overclocked, the eight-core chip was measured at 8722.78 MHz.
 
Intel Intros Lightning-Fast PC Processors
Call it extreme. Intel just took the covers off its first-ever eight-core desktop processor, which is aimed at hardcore power users who expect more than the status quo from their computers.
 
HP Previews ProLiant Gen9 Data Center Servers
Because traditional data center and server architectures are “constraints” on businesses, HP is releasing new servers aimed at faster, simpler and more cost-effective delivery of computing services.
 

Mobile Technology Spotlight
Rumor Mill Puts Mobile Wallet in iPhone 6
Apple is moving toward the mobile wallet world with its next iPhone. The tech giant has partnered with retailers, banks and major payment networks to make it happen, according to Bloomberg.
 
Will iPhone Finally Catch Up with NFC Mobile Payment Ability?
Apple's latest version of the iPhone may have a mobile wallet to pay for purchases with a tap of the phone. The iPhone 6 reportedly is equipped with near-field communication (NFC) technology.
 
Visual Search To Shop: Gimmick or Game Changing?
Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them.
 

Navigation
Enterprise Security Today
Home/Top News | Network Security | Viruses & Malware | Cybercrime | Security Solutions | Mobile Security | Disaster Recovery | Windows Security
Data Security | EST Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.