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New Banking Trojan IcedID Discovered by IBM X-Force Research

November 13, 2017

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IBM X-Force research follows developments in the financial cybercrime arena to map the events and trends that shape the threat landscape for organizations and consumers alike. After a year that has been very active in terms of banking malware, point-of-sale (POS) malware and rampant ransomware attacks, the X-Force team identified a new banking Trojan active in the wild dubbed IcedID.

IcedID Emerges

According to X-Force research, the new banking Trojan emerged in the wild in September 2017, when its first test campaigns were launched. Our researchers noted that IcedID has a modular malicious code with modern banking Trojan capabilities comparable to malware such as the Zeus Trojan.

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