Dridex banking botnet seized but malware still rampant
The Dridex botnet (also known as Cridex, or Bugat) has been one of the most pernicious distributors of banking malware on the planet, taking at least $10 million from personal bank accounts in the US alone, but﻿ UK police believe the heist may have reached $100 mill﻿ion globally and that it continues to grow.﻿ The botnet, which controlled 13,000 computers around the world,﻿ was closed down in a joint operation by US and UK law enforcement agents, backed by various cyber-security firms led by TrendMicro (see their account of the matter here)﻿.  At its peak it was sending out over 350,000 malicious spam emails per day.  The man behind the botnet, Andrey Ghinkul aka "Smilex", was arrested in Cyprus last August and is now the target of extradition proceedings to the US, where the grand jury indictment against him was unsealed yesterday.  However, the UK ﻿police warn that the malware itself is still highly active and that the closing of the botnet was merely a disruption.

Law enforcement officials are hunting cyber attackers who have pulled off a series of internet “heists” on British bank accounts worth at least £20m.

British government ministers have been informed and the law enforcement effort involves the United Kingdom’s top secret electronic security centre at GCHQ, as well as the UK’s national Computer Emergency Response Team (CERT), which was set up in 2014.

In the US the FBI is involved, while in Europe the police agency Europol is also helping to investigate, as well as law enforcement in Germany and Moldova where it is believed the attackers may have links to.

The virus or malware, known as Dridex, may be responsible for worldwide losses of $100m so far.

The cyber criminals have used malware to gain access to people’s personal computers. The virus records the login and password details used to access internet banking services and passes it back to the attackers who then use the information to steal from bank accounts.

In the UK the National Crime Agency fears it could be one of the worst cyber-attacks they have seen. Public estimates of the losses are described as “conservative”, a NCA spokesperson said.

The NCA added: “Computers become infected with Dridex malware when users receive and open documents in seemingly legitimate emails. The NCA assesses there could be thousands of infected computers in the UK, the majority being Windows users.”

The virus so far is not believed to have infected smartphones. People are being told they can best protect themselves by boosting their computer security.

Mike Hulett, NCA spokesman, said: “This is a particularly virulent form of malware and we have been working with our international law enforcement partners, as well as key partners from industry, to mitigate the damage it causes. Our investigation is ongoing and we expect further arrests to made.”

At least one arrest has been made, last month, and on Tuesday night the US department of justice gave details of the arrest. It said: “Andrey Ghinkul, aka Andrei Ghincul and Smilex, 30, of Moldova, was charged in a nine-count indictment unsealed today in the western district of Pennsylvania with criminal conspiracy, unauthorised computer access with intent to defraud, damaging a computer, wire fraud and bank fraud. Ghinkul was arrested on 28 August 2015 in Cyprus. The US is seeking his extradition.”

Attacks from the virus had stopped but are now feared by law enforcement to have restarted.

The NCA said that Dridex, known also as Bugat and Cridex, was created by “technically skilled cyber criminals in eastern Europe to harvest online banking details, which are then exploited to steal money from individuals and businesses around the world. Global financial institutions and a variety of different payment systems have been particularly targeted.”

FBI executive assistant director Robert Anderson: “Those who commit cyber crime are very often highly skilled and can be operating from different countries and continents. They can and will deploy new malware and we, along with our partners, are alive to this threat and are constantly devising new approaches to tackle cyber crime.

“We urge all internet users to take action and update your operating system. Ensure you have up to date security software and think twice before clicking on links or attachments in unsolicited emails.”

Law enforcement cyber experts are trying to stop the malware sending money to accounts controlled by the criminals.

The NCA said: “Users are urged to visit the CyberStreetWise and GetSafeOnline websites where a number of anti-virus tools are available to download to help clean up infected machines and get advice and guidance on how to protect themselves in the future.”

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