N/APosted on - 12/27/2014
Kaspersky lab reported a malware named Luuuk which had hit a major European bank and had stolen half a million Euros in just one week. What else is known about this virus? How did the virus manage to steal such a huge amount in spite of the security norms in place at the bank?
How did the Luuuk virus escape being noticed?
Kaspersky analysts discovered malware called Man-in-the-browser attack. In this type of attack, Malware intervenes during the online banking session. This means that a victim while performing some online banking tasks, this attack intervenes and steals or manipulates the data. This fraud was nicknamed as Luuuk by kaspersky. As this name appeared in file path of control panel of server’s administrator. This attack Man-in-the-browser is mainly happens for financial frauds. It intervenes between banking session and changes the information so that the money gets transferred at wrong location. They do this in such a way that it is invisible to both victim and host web server.