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State-Sponsored Banking Trojan?

9 August 2012

Kaspersky Lab reports discovering state-sponsored banking malware. Some news reports claim that "It is not believed that the hackers stole money from the bank accounts, but were primarily interested in tracking and monitoring payments." Maybe—but a few years ago, the NY Times reported that "In 2003, the Pentagon and American intelligence agencies made plans for a cyberattack to freeze billions of dollars in the bank accounts of Saddam Hussein and cripple his government's financial system before the United States invaded Iraq. He would have no money for war supplies. No money to pay troops."

We now know of Stuxnet, Flame, Duqu, and this one, Gauss. We haven't begun to scratch the surface of what can be done.

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