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Underground forums have been buzzing recently about a "_new banking Trojan_" said to be "_an alternative to the popular and widely used Zeus Trojan_, "according to an article published recently on the Security Week website. Cybercrime researchers say that this new Trojan, known as Pandemiya, "_has the potential to become a pervasive threat_, "according to the article."

Experts say, according to the report, that this Zeus-like threat "_allows cyber-criminals to steal form data, login credentials, and files from infected computers_" and its "_modular design_" makes it simple "_for cyber-criminals to expand and add functionality._" The article indicates that Pandemiya shares typical characteristics and has the same capabilities as other banking Trojans. Still, this threat is also very unique in many ways.

Uri Fleyder, cybercrime research lab manager at the RSA Research Group, spoke in the article about what "sets Pandemiya apart_" from other threats by noting that "_it has been written from scratch without sharing any source code with Zeus." Fleyder also quoted in the article to confirm how unusual this is by saying that "…many banking Trojans such as Citadel/Ice IX and Carberp are based on Zeus's source code. Pandemiya doesn't appear to have any code in common with leaked versions of Zeus or other toolkits." Additionally, an RSA Fraud Action blog post was quoted in the article to say, "The developer behind Pandemiya—or a team of developers—spent close to a year developing this latest threat."

Read more about Pandemiya HERE in the full article at Security Week and find out what experts feel about this latest threat and its "growth potential."

Written by Bryon Turcotte  /  June 11, 2014

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