New Banking Malware Set To Unleash

A new Trojan program called Kronos is up for sale among Russian cyber criminals. It is designed to steal log-in credentials and other financial information from online banking websites.  According to PC World, the program can steal credential from IW, Mozilla, Firefox and Chrome, all by using form-grabbing and HTML content-injection techniques.

The system is designed so that users of Zeus— until recently a defunct banking-centered Trojan virus—can easily switch over and adapt Kronos (interoperability is apparently very important to criminals).

The creator also notes the system is safe from other malware and naturally immune to most antivirus programs.

“Most malware today is sold in the low hundreds of dollars, sometimes even offered for free due to several malware-source code leaks,” said IBM Security expert Etay Maor. “It remains to be seen how popular Kronos will be within the cyber crime community.”

Trusteer and Kaspersky Labs, two security research institutions that have found and disarmed several bugs, have yet to obtain a sample of Kronos for analysis.

The high pricetag, however, won’t scare off serious cyber criminals, and may have the premium pricing effect on the black market good.

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