What Online Bankers Should Know About Dridex Malware Attack?

Do you use online banking more than often? If you do there are high chances that cybercriminals are attempting to attack your system in order to break into your bank account details. It is undeniable that online banking comes with a threat i.e. attacks from malicious programs like Dridex malware, looking to make profit out of your innocence.

dridex malware

Dridex malware, also known as Dyre, Bugat or Cridex, has been used to target banking customers in Europe, and causes harm by getting into your system through Word and Excel documents that hackers have likely spammed out.

Cybercriminals use a variety of tricks including sending you email attachments that are malicious and can cause instant harm to your computer. The online users have always been warned about email attachments of certain types which shouldn’t be open at any cost. Reason being, they are designed to make your system compromise and infected. Unfortunately, these activities have increased over the years with number of cases are seeing increasing gradually.

Dridex malware sits on the infected computer and spies the websites that a user visits. As soon as the user visits any banking site, it uses HTML injection techniques to trick the user into entering details on a genuine looking site (phishing). And when it gets an access to the credentials, it leaves no chance to hack the entire system and make it prone to other virus attacks as well. Moreover, if a user is counting on the two factor authentication, sending OTP used to confirm for fund transfers, he might want to rethink the process. Hackers have a way with this trick as well. They can trap the users by making them install a few banking apps (authentic looking but not in actual). These apps would intercept SMS messages sent by the bank and shares it with cybercriminals.

In September 2015, Dridex malware gang was found targeting a vast database of about 385 million addresses. They were carrying out this activity in order to steal financial information, as reported by the researchers at Fujitsu. To protect the interest of common online users, the UK’s National Crime Agency has partnered with international partners such as the FBI’s National Cyber Crime Unit, effectively troubling the criminals’ ability to communicate with infected systems.

Prevention is better than cure if it’s Dridex malware

  • Be alert and cautious while opening email attachments, esp. if they contain some malicious and wrong codes.
  • Use antivirus software like REVE Antivirus, an anti-malware program which protects your system from the virus with its layered security.
  • Keep a backup of your important files.
  • Enable two factor authentication code wherever applicable.
  • Always set strong password so that it confuses the hackers at one go itself.
  • Make sure to double check the banking apps which you are installing.

References – http://www.hotforsecurity.com

 

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