Hackers are now using an old form of banking malware to launch damaging ransomware attacks, new research has claimed.
In their latest Monthly Threat Pulse, cybersecurity experts from NCC Group broke down how a well-known banking malware called Carbanak returned in ransomware attacks.
“First emerging in 2014, Carbanak malware has been used by ransomware gangs to infiltrate financial systems after deploying advanced phishing techniques to compromise bank employees,” the researchers explained. “The malware allows threat groups to gain access to networks through human entry points and criminals to take control of payment processing services.”