New Malware Threat for Sale

The global black market for financial services malware now includes a new player, for sale to hackers who want to target the financial credentials of customers of large and mid-sized U.S. banks, according to SecureWorks.

The Atlanta-based online security specialists have given the Trojan the name “Bugat.”

Jason Milletary, a SecureWorks security researcher, said his firm believes the new malware was developed to compete with more costly or hard to buy Trojans such as Zeus and Clampi.

“The emergence of Bugat reinforces that there is a strong demand for new malware to commit financial credential theft and that ACH and wire fraud remains a profitable venture for criminals,” Milletary said.

SecureWorks has posted a research blog note on the find. It’s at www.secureworks.com/research/blog.