Emotet malware has new capabilities! The malware is now even more dangerous to its corporate targets.
For those who don’t know Emotet botnet is part of a popular malware family. In the past, the threat has proven to be increasingly dangerous. But now it is even more dangerous because is armed with the ability to drop additional payloads and spread via business email compromise (BEC).
Cybersecurity researchers say that Emotet was among the first botnets used for spreading banking Trojans laterally within target organizations. It first appeared in 2014 as a Trojan that was used to steal banking credentials and other sensitive data.
Remember everything can be hacked. In order to stay away from any threats related to the cyber world, we recommend the install of antivirus for Windows or antivirus for Mac on every device that you own, depending on which OS your device is running. If you are a company, it is also recommended to hire every year a specialized cybersecurity company that will run annual tests on your company’s network. These tests include penetration testing and ethical hacking tests;
Over the time Emote has evolved to its actual business model. Now its information stealing payloads are delivered at an impressive pace.
Emote’s victims include targets from Canada, China, Mexico, and the UK.
In 2018, the threat has reached a new activity high, to the point where it was sold to other hackers on the dark web as a blend of initial Emotet with other strains of ransomware.
To this day Emotet is the most costly and destructive malware affecting state, local, tribal, and territorial (SLTT) governments, and the private and public sectors costing governments up to $1M per incident.
Later in the past year, it was used to deliver new types of threats, but before it does that, it would collect email credentials and use them to spread laterally, experts say.
Through this start of 2019, the malware continued to spread. Its growth signifies greater maturity among the Mealybug actors as they learn what’s effective.
Keep in mind that our modern society is dependent on computers, mobile devices, and the use of the internet always stay safe and secured.
We would continue to monitor this cybersecurity problem. Meanwhile, users should keep a keen eye out for any cyber attacks. Remember to use an antivirus for Windows or antivirus for Mac in every device that you own, depending on which OS your machine is running, If you are a company we recommend to hire every year a specialized cybersecurity company that will run annual tests on your company’s network, tests like this include: penetration testing and ethical hacking.