Aug 10, 2014
BLACK HAT SERIES
Purpose-built, specialized malware dubbed "Backoff" is being found in point-of-sales (POS) systems. At the discovery, the malware, which is gathering magnetic strip information, keyed data and more, had low to zero percent anti-virus detection rates. That meant that fully updated anti-virus engines on fully patched computers could not identify malware as malicious, according to the National Cybersecurity and Communications Integration Center (NCCIC), US Secret Service (USSS), Financial Sector Information and Sharing and Analysis Center (FS-ISAC), and Trustwave SpiderLabs.
Meanwhile, exploit kits enabling ransomware are holding data hostage. These business models for criminals are proving to be very lucrative. securitycurrent's Vic Wheatman speaks with Karl Sigler, Manager SpiderLabs Threat Intelligence at Trustwave, on "Backoff" and the latest findings from Trustwave's Global Security Report.