buguroo Labs researchers identified newly-evolved versions of Gozi malware that are actively targeting financial institutions, including PayPal, ING Bank and the Bank of Tokyo, leaving organizations that rely on traditional fraud defense tools at risk.
Experts at buguroo Labs, a threat intelligence startup spun out of Deloitte's European Security Operations Center, revealed these cybercriminals are honing their attacks in Poland, Japan and Spain before launching in the U.S. and Western Europe.
"Through our ongoing cyber intelligence activity and world-class expertise, our team was able to identify the latest Gozi advances and alert the public," Pablo de la Riva Ferrezuelo, CTO and co-founder of buguroo, said.
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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.).
