Built to collect victims' banking credentials, Dridex is now one of the most dangerous pieces of financial malware in circulation, according a new Symantec whitepaper.

Since 2014, spam email campaigns facilitated Dridex's almost exclusive distribution method, the Mountain View, Calif.-based cybersecurity firm said in the whitepaper. "These email campaigns are notable for their massive scale, frequency, and professionalism," it read. "The attackers behind Dridex regularly send millions of spam emails in the course of one day."

The number of Dridex infections detected by Symantec rose during 2015. Between January and April, there were less than 2,000 infections per month. Infection numbers spiked considerably in the following months, hitting almost 16,000 in June before dropping and stabilizing at a rate of 3,000 to 5,000 per month in the final quarter. Symantec observed at least 145 Dridex spam campaigns during one sample 10-week period.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).