Security

The source code for a new Trojan program that targets banking services has been published online, offering an easy way for unskilled cybercriminals to launch potent malware attacks against users.

The Trojan is called Nuclear Bot and first appeared for sale on underground cybercrime forums in early December for $2,500. It can steal and inject information from and into websites opened in Mozilla Firefox, Internet Explorer and Google Chrome and can also open a local proxy or hidden remote desktop service.

These are all features commonly seen in banking Trojans, as they’re used by attackers to bypass the security checks of online bank websites to perform fraud. For example, the proxy and remote desktop functionality allows hackers to initiate rogue transactions through the victims’ browsers after they have been tricked into providing the second authentication factor.

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Reports recently surfaced that Google was alerted to security holes in its IoT security camera products and declined to patch them. This was quite frightening for two reasons. First, the fix was apparently straightforward, and second, the hole was readily and easily available to burglars with even a modicum of tech savviness.

Meanwhile, eBay seems to be encouraging users to downgrade their security defenses by giving up the hardware tokens they use for two-factor authentication and relying on text messages instead. Yes, eBay suggested that users make themselves more vulnerable to identity thieves. With these two recent incidents, is it any wonder that IT is suspicious about whether major companies are taking security seriously?

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