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New Gauss Malware Can Steal Passwords and Banking Information Online

By Lionell Go Macahilig - on 16 Aug 2012, 5:01pm

New Gauss Malware Can Steal Passwords and Banking Information Online

Image source: Kaspersky Lab

It is indeed alarming to find out that some governments are actually involved in developing online threats that have the capability to endanger personal and sensitive information. Recently, experts from International Telecommunication Union (ITU) discovered a state-sponsored malware that targets netizens in the Middle East. The newly identified ‘Gauss’ has the capability to gather passwords and, much worse, banking account credentials through the Internet. Kaspersky Lab identified the threat as Trojan-Spy.Win32.Gauss.

Gauss was found out during ITU’s research on Flame. The new malware is similar to Flame in terms of design. Researchers say that Gauss has infected 2,500 machines, higher than the number of systems affected by Flame and Duqu, but lower than that of Stuxnet. Many of the machines are based in countries like Iran and Lebanon. In Lebanon, Gauss targets at banking institutions such as Bank of Beirut, EBLF, BlomBank, ByblosBank, FransaBank, and Credit Libanais. Citibank and PayPal users are potential victims as well.

Source: Kaspersky Lab