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Friday, November 27, 2015

'Most complex malware ever': Security experts smash system that stole cash from millions

Understand it is things like this TPTB will use to make you afraid and push the new advanced bio metrics a cashless society.

https://www.rt.com/news/323641-modpos-complex-cash-malware/

 Security experts have exposed a cash register malware of previously unseen complexity and secretiveness. It is unknown who created the virus and profited from it, but it has been stealing personal data for years, affecting millions of people.

Malware, or ‘malicious software’, is software that is used to disrupt computer systems or gather secret or sensitive information from them. 

The malware in question, dubbed ModPOS (for Modular Point Of Sale), has been exposed by security experts from cyber intel firm iSight, who say they’ve seen nothing like it in eight years of exploring malicious point-of-sale (POS) software.

It took three weeks of constant work for the researchers to perform reverse engineering of the ‘scumware’, compared to the no more than half an hour usually needed to crack most POS malware.

“This is POS malware on steroids. We have been examining POS malware…for at least the last eight years, and we have never seen this level of sophistication in terms of development… [Engineers say] it is the most sophisticated framework they have ever put their hands on,” Steve Ward from iSight told The Register.

The ModPOS malware is “wrapped” in multiple layers of encryption to obfuscate its tracks, so when the malware uploads cypher data to a remote server, it becomes next to impossible to find out exactly what data was stolen.

And it is not only the encryption that makes ModPOS so sophisticated. To fish out holders' personal data at the moment when the credentials pass through an electronic point-of-sale device, such as a cash register, the malware also uses a combination of tricks like ‘key-logging’, ‘network monitoring’ and ‘RAM scraping’, Gizmodo reports.

The report presented by iSight maintains that ModPOS has been active in the US since 2013 - enough time to steal personal data from “multiple millions” of both debit and credit card holders.

iSight has not revealed how many US companies have been affected by the malware, only saying that so far researchers have briefed some 80 American companies on the issue.

READ MORE: Compromised: Mysterious malware found in new police body cams

It is believed that transactions performed by swiping a card’s magnetic strip as well as the more secure ‘chip-and-pin system’ are equally vulnerable to the ModPOS malware.

The number of point-of-sale devices infected with the newly exposed malware also remains unknown.

2 comments:

  1. Hello bro , want to share something with you , see what you think , but need your e mail brother , know I can trust you , my email is sparkypierce1973@gmail.com ! Send me something so I have your email , I've come across something mind blowing , but I need a solid brother to run it by , I have a good brother in the USA , Michael Stratford , ran it by him , he gets it , he is a SOLID END TIME ARMY CHRISTIAN , as I know you are , would really value your opinion on it bro , drop us an e mail , so I have yours ,,then will send it , truly we really are in the last of the last days , also in this is about the coming 3 days of darkness , it's the one thing I'm not getting anything about from the Holy Spirit , would really love a solid second opinion on this , and I know I can rely on you , one thing I've noticed lately , is if we ( Christians ) get things wrong , and we do , we are to remain in love , and not throw bible verses at each other , I'm experiencing this a lot lately , not with you bro , but iron sharpens iron , we can get things slightly wrong , and that's ok ! We are to remain in love , not accuse each other with bible verses just because we make mistakes , people make mistakes , that's why they put rubbers on the end of pencils !!! But I know your solid bro , please drop an e mail , really want to share this with you bro , God bless

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  2. I emailed before you never emailed back same thing, same email, but will try again worry not mate no bible brawl I do not do that...anymore LOL. older, wise,r but never stand down for the truth of Christ and the truth of the bible. amen email soon look to see what you have to share

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