18 UK Banks Targeted By Updated Version Of Qadars Trojan

By   ISBuzz Team
Writer , Information Security Buzz | Sep 22, 2016 08:24 am PST

IBM X-Force Research reported that the operators of the Qadars Trojan have been progressively updating the malware’s defenses and tailoring its configurations to target 18 banks in the U.K. Mark James, Security Specialist at ESET commented below.

Mark James, Security Specialist at ESET:

mark-james“As the UK has a very strong economic state with some very good established financial headquarters it would stand to reason that malware designed to hit banking organisations will try and infect as many here as possible. The trouble with the internet is it has no real boundaries, so countries from a malware point of view just blend into one big attack vector.

Malware evolves and develops in many ways; some because the first attack method was stumped or unsuccessful some because better or newer techniques develop into a more successful means to infect. But we often see older strains or variants resurface causing new havoc. Malware that targets a specific vector or industry is often harder to detect as its global footprint is somewhat smaller.

As always, good security needs to be multi-layered, regularly updating internet security software along with traffic & data monitoring and well laid out policies will form a good base to build up your security. As malware does very often re-surface making sure your security products retain their ability to detect older malware is a must. We must also ensure user or staff education is kept current and up to date. So many attack methods utilise the human element that educating and encouraging them to form an integral part of the business security is ultra-important.

The instant reward from the financial segment will continue to make this industry a desirable target and the UK will continue to be near the top of that list.”

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