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August 2016

Extracting actionable data from banking malware

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This article in our Royal Holloway Security Series demonstrates how actionable data can be extracted from banking malware and how it can be used to defend against highly damaging cyber attacks from organised criminal gangs.

Table Of Contents

  • Banking malware has become more sophisticated over time, and the criminals using it have become more successful at stealing money from victim’s bank accounts.
  • There has been a change in calibre of actor deploying this kind of malware, from teenagers working alone out of their bedrooms, to organised criminal groups with large resources and highly skilled personnel that target more lucrative accounts.
  • Modern banking malware is sophisticated and effective and should be a serious concern for any IT professional charged with defending corporate networks.

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