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Geodo: New Cridex Version Combines Data Stealer and Email Worm

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Recent efforts by our Research Lab has revealed new activity related to Cridex. As you may recall, Cridex is a data stealer also referred to as Feodo, and Bugat. The new Cridex version we are seeing now, aka Geodo, combines a self-spreading infection method–effectively turning each bot in the botnet into a vehicle for infecting new targets. Continue reading

Botnet Evading Traditional Security Methods

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While it’s unlikely that we’ll see a Cyber Crime Awards Ceremony anytime soon (although anything is possible with the rise of enterprise-class malware), if threat actors did bestow such honors upon each other, then this year’s winner of “Most Innovative APT Campaign” might be the Asprox Botnet. Continue reading

Extended APT Campaign Targeted US Airports

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APT campaign targets airports

In its 2013 Annual Report, the Center for Internet Security (CIS), a nonprofit group that works closely with state and local governments, has revealed that last year US airports were targeted by an unnamed nation state in a prolonged Advanced Persistent Threat (APT) campaign. Continue reading

NY Times Article Ushers in the Era of Cloud Computing

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According to a new article by New York Times journalist Quentin Hardy, the practice of linking and distributing data across multiple machines, and leveraging their collective power to achieve remarkably cost-effective levels of performance, access, speed, and scalability — or more simply put: cloud computing — has now become so prevalent, that it could be on its way to becoming the global norm for corporate data center architecture instead of the alternative. Continue reading

Analyst Calls for “Adaptive Security Architecture” at Gartner Summit

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As a company founded by network security experts, we have always believed in the competence and accuracy of our vision. However, I will admit that it is particularly satisfying when we come across independent industry analysts who echo our views on an ideal security architecture so completely, that they might have just finished reading one of our resources. Continue reading

Cyber Attack : US Hedge Fund Loses Millions in the “Perfect Crime”

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UPDATE: BAE Systems now claims that this previously reported cyber incident was actually an “illustrative scenario” used by the cyber experts inside BAE Systems.

After several months of silence, security researchers from BAE Systems Applied Intelligence have gone public about a cyber attack that cost its unnamed US hedge fund client millions of dollars.

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What’s Buzzing at the Gartner Security and Risk Management Summit 2014

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The Seculert Team and I enjoyed a successful few days at the Gartner Security and Risk Management Summit 2014, as we connect with peers and customers from around the world to demonstrate our award-winning (and certifiably cool!) cloud-based Advanced Threat Protection Platform. We’ll post a full recap on the Gartner Summit along with some photos in the coming days. Continue reading

APT Xtreme RAT Campaign Infesting Enterprises Again

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Remote Access Trojan

Network security professionals are being warned to get their APT traps primed and ready, now that the remote access trojan (RAT) known as Xtreme RAT is on the loose again – this time, targeting victims primarily in the US and Europe. Continue reading

Cybercrime Report: Global Cost as High as $575 Billion a Year

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A new Center for Strategic and International Studies (CSIS) report entitled “Net Losses – Estimating the Global Cost of Cybercrime” has pegged the annual worldwide economic cost of cybercrime at between $375 and $575 billion – or between 15% and 20% of the entire value generated each year through the Internet. Continue reading