Silicon Updates: Trickbot malware may empty your SBI or ICICI bank accounts!

The world is now recovering from the effect of WannaCry ransomware, Judy malware, Fireball malware and other loopholes in streaming apps. Hold on! The attacks are still making their way. But this time, the name of the malware is Trickbot. This malware is targeted towards the banking sector, which allows the attacker gain control over a victim's account. The startling news is that this malware is mainly targeted in India, as India is getting more digitised.

Dyre is another malware that works very similar to Trickbot - redirection through URLs resulting in credential robbery. Both these malware prompts a banking-related URL to the victim and a sequence of redirection URLs allow the malware to acquire banking credentials from the user. Once the credentials are acquired, the attackers just empty the victim's bank accounts within seconds. This is technically called Phishing. Here is an illustration of Trickbot exploit.

Trickbot illustration

Image source: Security Intelligence
Reports uncover that the URLs related to State Bank of India and related banks, and ICICI, as they have huge customer base in the recent times. The internet security solution provider eScan has reports that these URLs will be used to exploit millions of online bank accounts in the coming weeks. It is expected that other banks like Axis can also be added in the list, targeting especially the Indian online banking accounts.
Other than banking sector, many Trickbot-like malware may exploit the Indian cyberspace. In this note, eScan is advising the users to update their security levels. Recently Microsoft has released patches to XP, to fight against several malware, though they've halted support for XP. Install online security apps even in the mobile devices. Also, DO NOT neglect the patches or updates released for these banking apps. For organisations, eScan is advising to tighten the e-mail gateway systems. Here are some of the stats related to the latest malware over the internet.

Malware stats

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