Kaspersky Labs: Gauss targeting bank users in Middle East

Posted on Friday, August 10 2012 @ 17:22 CEST by Thomas De Maesschalck
Security firm Kaspersky Labs warns of "Gauss", a newly discovered piece of malware that has much in common with the "Flame" and "Stuxnet" worms. The new Trojan is designed to steal large amounts of data, with a specific focus on online banking users and social networkers in the Middle East:
"Gauss bears a striking resemblance to Flame, with its design and code base, which enabled us to discover the malicious program. Similar to Flame and Duqu, Gauss is a complex cyber-espionage toolkit, with its design emphasising stealth and secrecy; however, its purpose was different than Flame or Duqu," said Alexander Gostev, chief security expert at Kaspersky Lab.

"Gauss targets multiple users in select countries to steal large amounts of data, with a specific focus on banking and financial information."

According to the firm Gauss is nation-state sponsored and snarfs up sensitive data. Although it has similarities with other bad actors, the bank account focus appears to be unique to it. Kaspersky Lab described it as a cyber-weapon.
Kaspersky Labs has discovered around 2,500 infections and estimates that tens of thousands of users may be infected with Gauss. The Trojan has an eye for Lebanese banks, including Bank of Beirut, Fransabank and Credit Libanais, but it also targets Citibank and PayPal users.

Source: The Inquirer


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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