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ESET Researchers Offer Breakdown of Threats on Russian Financial Institutions in their Latest Paper

Created: 2016-12-12 03:56:45

The recent ESET paper, Modern Attacks on Russian Financial Institutions, presented at the Virus Bulletin conference in Denver this past October is now available to the public. The paper offers a breakdown of the many APTs in Russia, focusing on trends in attacks against financial institutions - of which there are more than 600 - and analyzes many of the criminal groups operating in this area.

Recently, the Central Bank of Russia reported that criminals attempted to steal RUB 2.87 billion from Russian financial institutions. According to their report the AWS CBC (Automated Working Station of the Central Bank Client software) was attacked. However, some have mistakenly assumed, that the Central Bank of Russia was the primary target of the attack. 

“The confusion arose from the fact that a few publications claimed that the central bank of Russia was the victim of this theft. However, during this type of attack, money is stolen from banks using AWS CBC, not from the Central bank,“ explains Jean-Ian Boutin, Malware Researcher at ESET. 

Attacks on the AWS CBC are one of the many types of attacks we highlighted in Modern Attacks on Russian Financial Institutions. “We also discuss attacks on ATMs, card processing systems, SWIFT terminals and trading terminals,” concludes Boutin.

For more in-depth information please visit ESET’s newspage WeLiveSecurity.com.
 
 

 

About ESET
ESET®, the pioneer of proactive protection and the maker of the award-winning ESET NOD32® technology, is a global provider of security solutions for businesses and consumers. For over 26 years, the Company continues to lead the industry in proactive threat detection. By obtaining the 80th VB100 award in June 2013, ESET NOD32 technology holds the record number of Virus Bulletin "VB100” Awards, and has never missed a single “In-the-Wild” worm or virus since the inception of testing in 1998. In addition, ESET NOD32 technology holds the longest consecutive string of the VB100 awards of any AV vendor. ESET has also received a number of accolades from AV-Comparatives, AV-TEST and other testing organisations and reviews. ESET NOD32® Antivirus, ESET Smart Security®, ESET Cyber Security® (solution for Mac), ESET® Mobile Security and IT Security for Business are trusted by millions of global users and are among the most recommended security solutions in the world.

ESET recently updated its two-factor authentication (2FA) application, adding a secure validation to weak and static user passwords. This updated version of ESET’s 2FA application provides flexibility and deeper integration of 2FA into bespoke applications, making it the best cost-effective solutions for SMBs everywhere.

The Company has global headquarters in Bratislava (Slovakia), with regional distribution centers in San Diego (U.S.), Buenos Aires (Argentina), and Singapore; with offices in Jena (Germany), Prague (Czech Republic) and Sao Paulo (Brazil). ESET has malware research centers in Bratislava, San Diego, Buenos Aires, Singapore, Prague, Košice (Slovakia), Krakow (Poland), Montreal (Canada), Moscow (Russia) and an extensive partner network for more than 180 countries. For more information visit https://eset.version-2.sg/ or follow us on Facebook.

 

About Version 2 Limited
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For more information, please visit www.version-2.com.sg or call (65) 6296-4268.

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