Security News > 2021 > June > TrickBot Coder Faces Decades in Prison

The U.S. Department of Justice announced on Friday the arraignment of a Latvian for her alleged role in creating and operating the infamous TrickBot malware.

TrickBot is a well-known and sophisticated trojan first developed in 2016 to steal online banking credentials - but it has a history of transforming itself and adding new features.

Devices infected with TrickBot will become part of a botnet that can allow attackers to gain complete control of the device.

Typical consequences of TrickBot infections are bank account takeover, high-value wire fraud and ransomware attacks.

"The TrickBot malware was designed to steal the personal and financial information of millions of people around the world, thereby causing extensive financial harm and inflicting significant damage to critical infrastructure within the United States and abroad," said Acting U.S. Attorney Bridget Brennan of the Northern District of Ohio.

Last October, ESET, Lumen's Black Lotus Labs, Microsoft, NTT Ltd., Symantec and others combined to take down swathes of the TrickBot infrastructure.

News URL

https://threatpost.com/trickbot-coder-decades-prison/166732/