Elbit Unit CYBERBIT Uncovers Sophisticated Malware Used In Bank Theft

January 27, 2016 | Elbit Systems’ cyber security unit CYBERBIT announced yesterday that it uncovered the advanced mechanism behind the Dridex malware, which is said to be responsible for the theft of over $50 million, including $30 million from UK accounts. The unique analysis was revealed by CYBERBIT’s malware research team, by conducting a detailed behavioral analysis of the malware. Because the Dridex malware is able to generate new variants for each attack, it can enter end-points (computers, phones, etc) undetected. Since its appearance in late 2014, Dridex has been one of the most notable malware threats, designed to steal personal banking information and credentials from small and medium-sized organizations.