• Trend Micro
  • About TrendLabs Security Intelligence Blog
Search:
  • Home
  • Categories
    • Ransomware
    • Vulnerabilities
    • Exploits
    • Targeted Attacks
    • Deep Web
    • Mobile
    • Internet of Things
    • Malware
    • Bad Sites
    • Spam
    • Botnets
    • Social
    • Open source
Home   »   Malware   »   Evolved Banking Fraud Malware: Automatic Transfer Systems

Evolved Banking Fraud Malware: Automatic Transfer Systems

  • Posted on:June 18, 2012 at 9:41 am
  • Posted in:Malware
  • Author:
    Loucif Kharouni (Senior Threat Researcher)
0

Banks and other financial institutions have put in stricter controls in an attempt to minimize losses that phishing attacks cause. Cybercriminals have not taken this sitting down by producing a new tool to automate online banking fraud — automatic transfer systems (ATSs).

In the past, malware families like ZeuS and SpyEye used Webinject files to modify the websites of targeted organizations such as banks. A Webinject file is basically a text file with JavaScript and HTML code that contains the code the attacker wants to insert into the targeted websites.

With ATS, however, attackers have taken things to the next level. Instead of merely passively stealing information, ATSs allow cybercriminals to instantly carry out financial transactions that could deplete users’ bank accounts without their knowledge. No longer needing user intervention to key in user names and passwords, ATSs allow cybercriminals to automatically transfer funds from victims’ accounts to their own ones without leaving traces of their presence.

This research paper contains our preliminary research on ATSs. In the process of conducting research, we were able to find key aspects of ATS attacks, determine some known targets, and dig into the murky underground engaged in producing and selling ATSs.

Our full findings can be seen in the research paper, “Automating Online Banking Fraud,” which you may download by clicking the image below:

An infographic illustrating the ins and outs of this attack can be seen below:

Learn how to protect Enterprises, Small Businesses, and Home Users from ransomware:
ENTERPRISE »
SMALL BUSINESS»
HOME»
Tags: ATSAutomatic Transfer SystemSpyEyeZeuS

Security Predictions for 2020

  • Cybersecurity in 2020 will be viewed through many lenses — from differing attacker motivations and cybercriminal arsenal to technological developments and global threat intelligence — only so defenders can keep up with the broad range of threats.
    Read our security predictions for 2020.

Business Process Compromise

  • Attackers are starting to invest in long-term operations that target specific processes enterprises rely on. They scout for vulnerable practices, susceptible systems and operational loopholes that they can leverage or abuse. To learn more, read our Security 101: Business Process Compromise.

Recent Posts

  • Our New Blog
  • How Unsecure gRPC Implementations Can Compromise APIs, Applications
  • XCSSET Mac Malware: Infects Xcode Projects, Performs UXSS Attack on Safari, Other Browsers, Leverages Zero-day Exploits
  • August Patch Tuesday Fixes Critical IE, Important Windows Vulnerabilities Exploited in the Wild
  • Water Nue Phishing Campaign Targets C-Suite’s Office 365 Accounts

Popular Posts

Sorry. No data so far.

Stay Updated

  • Home and Home Office
  • |
  • For Business
  • |
  • Security Intelligence
  • |
  • About Trend Micro
  • Asia Pacific Region (APAC): Australia / New Zealand, 中国, 日本, 대한민국, 台灣
  • Latin America Region (LAR): Brasil, México
  • North America Region (NABU): United States, Canada
  • Europe, Middle East, & Africa Region (EMEA): France, Deutschland / Österreich / Schweiz, Italia, Россия, España, United Kingdom / Ireland
  • Privacy Statement
  • Legal Policies
  • Copyright © Trend Micro Incorporated. All rights reserved.