News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
You are here: Home / Enterprise I.T. / Game Over for Lucrative Zeus Botnet
Gartner's #1 for endpoint backup
Game Over for Lucrative Zeus Botnet
Game Over for Lucrative Zeus Botnet
By Jennifer LeClaire / NewsFactor Network Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
JUNE
02
2014



The U.S. Department of Justice on Monday made public a multi-national effort to disrupt the GameOver Zeus botnet, a global network of infected victim computers cybercriminals were using to steal millions of dollars from businesses and consumers. Microsoft was in the thick of the fix.

GameOver Zeus, a variant of the Zeus (or Zbot) family of malware, is a highly prevalent password-stealing trojan, according to research by the Microsoft Security Intelligence Report. What’s more, the Dell SecureWorks Counter Threat Unit reports that it was the most active banking trojan of 2013.

In a separate action, U.S. and foreign law enforcement officials worked together to seize computer servers central to the malware known as Cryptolocker, a form of ransomware that encrypts the files on victims’ computers until they pay ransom.

“GameOver Zeus is the most sophisticated botnet the FBI and our allies have ever attempted to disrupt,” said FBI Executive Assistant Director Robert Anderson. “The efforts announced today are a direct result of the effective relationships we have with our partners in the private sector, international law enforcement, and within the U.S. government.”

Microsoft Helps Takedown

The impact GameOver Zeus is not limited to the financial industry, however. Nearly all major businesses and public sector organizations are impacted. Security researchers estimate that between 500,000 and 1 million computers worldwide are infected. All told, the FBI estimates that GameOver Zeus is responsible for more than $100 million in losses.

“Microsoft’s role in this technical action was to conduct analysis on the P2P network and develop a cleaning solution,” Microsoft said in a blog post. “Also, through an additional feed from Shadow Server, we are able to augment our visibility into the number of impacted IP addresses that feed into Microsoft’s Cyber-Threat Intelligence Program (C-TIP), and work closely with global Community Emergency Response Teams (CERTs) and Internet service providers (ISPs) to help owners of compromised computers regain control of their systems.”

Based upon those actions, Microsoft expects to disrupt the cybercriminals’ business model, which would force them to rebuild their criminal infrastructure. This is the second botnet operation Microsoft has launched since it unveiled its C-TIP program last November. The company also participated in the ZeroAccess botnet case.

Regaining a Foothold

We caught up with Dwayne Melancon, chief technology officer at IT security software firm TripWire, to get his take on the takedown. He told us it’s an opportunity to make progress against a huge Internet threat.

“Taking out the command-and-control servers of a botnet is a monumental task, but this effort will make a significant difference and at least allow us to regain a foothold,” Melancon said. “Of course, the success of this effort still requires people to patch their operating systems and applications very quickly.”

That, he said, is because botnets are extremely resilient. He expects to see another command-and-control infrastructure spring up in short order.

“If users and enterprises don't reduce their attack surface by closing the security holes, the situation won't get better,” Melancon said. “They'll just be compromised by the next iteration of the botnet.”

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY BE OF INTEREST
Protect 100% of your Data The prevalence of laptops and mobile devices in the enterprise makes corporate data increasingly vulnerable to loss and breach. And yet, workforce productivity is now inextricably linked to mobility. Click here to access the white paper "Top 10 Endpoint Backup Mistakes" to learn more about how to confidently protect data across platforms and devices while also providing features designed to enhance the end user experience.
MORE IN ENTERPRISE I.T.
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Dairy Queen Latest Retailer To Report Hack
Known for its hot fries and soft-serve ice cream, Dairy Queen just made cyber history as the latest victim of a hack attack. The fast food chain said that customer data at some stores may be at risk.
 
Lessons from the JPMorgan Chase Cyberattack
JPMorgan Chase is investigating a likely cyberattack. The banking giant is cooperating with law enforcement, including the FBI, to understand what data hackers may have obtained.
 
Who Is the Hacker Group Lizard Squad?
Are they dangerous or just obnoxious? That’s what many are wondering about the hacker group Lizard Squad, which tweeted out a bomb threat that grounded a flight with a Sony exec aboard.
 

Enterprise Hardware Spotlight
Intel Intros Lightning-Fast PC Processors
Call it extreme. Intel just took the covers off its first-ever eight-core desktop processor, which is aimed at hardcore power users who expect more than the status quo from their computers.
 
HP Previews ProLiant Gen9 Data Center Servers
Because traditional data center and server architectures are “constraints” on businesses, HP is releasing new servers aimed at faster, simpler and more cost-effective delivery of computing services.
 
Apple Set To Release Largest iPad Ever
Tech giant Apple seems to have adopted the mantra “go big or go home.” The company is planning to introduce its largest iPad ever: a 12.9-inch behemoth that will dwarf its largest existing models.
 

Mobile Technology Spotlight
iWatch Watch: What Will Apple Ask Us To Wear?
There are still more questions than answers when it comes to details about the smart watch Apple seems poised to debut on Sept. 9. In fact, nobody seems completely sure that it will be a smart watch at all.
 
Samsung Maps Its Way with Nokia's 'Here' App for Galaxy Phones
Korean electronics giant Samsung has opted to license Here, Nokia’s mapping app -- formerly known as Nokia Maps -- for its Tizen-powered smart devices and Samsung Gear S wearable.
 
Google Successfully Tests Its Own Delivery Drone
While top technology companies are engaged in an "arms race" to develop drones that can quickly deliver goods to anyone anywhere, Google has revealed it successfully tested its own version.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.