Security News > 2024 > May > IBM X-Force Report: Grandoreiro Malware Targets More Than 1,500 Banks in 60 Countries

A new report from IBM X-Force exposes changes in the Grandoreiro malware landscape.

The banking trojan is now capable of targeting more than 1,500 global banks in more than 60 countries, and it has been updated with new features.

More recently, Brazilian authorities arrested five programmers and administrators behind the banking malware, who were suspected to have defrauded victims of more than €3.5 million.

Grandoreiro's list of targeted applications has increased to more than 1,500 banks worldwide, according to IBM X-Force, with bank applications also tied to regions.

The malware scans parts of the victim's folders recursively to hunt for more email addresses, looking for files with specific extensions, including.

In order to avoid being caught by the user who could notice suspicious behavior from the computer, the malware only starts sending the emails when the last input on the machine is at least five minutes old or longer in some malware variants.

News URL

https://www.techrepublic.com/article/ibm-xforce-grandoreiro-banking-trojan-malware/