A rash of invisible, fileless malware is infecting banks around the globe

(credit: INVISIBLE-MAN_1933_James Whale) Two years ago, researchers at Moscow-based Kaspersky Lab discovered their corporate network was infected with malware that was unlike anything they had ever seen . Virtually all of the malware resided solely in the memory of the compromised computers, a feat that had allowed the infection to remain undetected for six months or more. Kaspersky eventually unearthed evidence that Duqu 2.0, as the never-before-seen malware was dubbed, was derived from Stuxnet, the highly sophisticated computer worm reportedly created by the US and Israel to sabotage Iran’s nuclear program. Now, fileless malware is going mainstream, as financially motivated criminal hackers mimic their nation-sponsored counterparts. According to research Kaspersky Lab plas to publish Wednesday, networks belonging to at least 140 banks and other enterprises have been infected by malware that relies on the same in-memory design to remain nearly invisible. Because infections are so hard to spot, the actual number is likely much higher. Another trait that makes the infections hard to detect is the use of legitimate and widely used system administrative and security tools—including PowerShell , Metasploit , and Mimikatz —to inject the malware into computer memory. “What’s interesting here is that these attacks are ongoing globally against banks themselves,” Kaspersky Lab expert Kurt Baumgartner told Ars. “The banks have not been adequately prepared in many cases to deal with this.” He went on to say that people behind the attacks are “pushing money out of the banks from within the banks,” by targeting computers that run automatic teller machines. Read 5 remaining paragraphs | Comments

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A rash of invisible, fileless malware is infecting banks around the globe

Hackers Roamed Around JPMorgan Chase’s Financial Records for 2 Months

Earlier this month, approximate 76 million households—or roughly half of the households in America —were unhappy to hear their JPMorgan Chase accounts had been compromised . Those 76 million households will be equally unhappy to learn that the hackers who broke in were wandering around the bank’s servers for two months . Two whole months! Read more…

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Hackers Roamed Around JPMorgan Chase’s Financial Records for 2 Months

ATM Hackers Have Figured Out How to Withdraw Unlimited Amounts of Cash

Federal regulators just alerted banks across the country of a very dangerous new skill ATM hackers have picked up. They can trick ATMs into spitting out unlimited amounts of cash, regardless of the customer’s balance. Not only that, but also schedule the illicit withdrawals for holidays and weekends, when the ATMs are extra flush. Read more…        

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ATM Hackers Have Figured Out How to Withdraw Unlimited Amounts of Cash

Bank of America Is Adding Teller Video Chat to Its ATMs

If you regularly find yourself perplexed at ATMs, help is at hand. Bank of America has announced that it’s launching a new system that will allow you to hold a live video chat with bank staff to help guide you through your ineptitude. More »

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Bank of America Is Adding Teller Video Chat to Its ATMs

Genius Bank Robbers Dug a 100 Foot Long Tunnel to Rob a Bank

This is so incredible that I think I’ve seen this in a movie before.* And if I didn’t, it should be put in a movie immediately. Genius bank robbers dug a 100 foot tunnel from a parking garage across the street to the bank’s safe deposit room and walked away with over $15,000,000 in goods. More »

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Genius Bank Robbers Dug a 100 Foot Long Tunnel to Rob a Bank