Mighty morphin malware dangers

Just a few weeks ago, the CoreBot Trojan was happily causing mischief as a login credential stealer. Now it has turned into a fully fledged bank robber instead. As malware goes modular and starts morphing, SCMagazineUK.com investigates the threat... Back at the start of the month, SCMagazine.com was warning that IBM had discovered CoreBot used a modular design that gave it the ability to be quickly altered and potentially made all the more dangerous. That prediction has borne fruit, and the malware has morphed from a pretty generic (modular design apart) and boring credential swiper into a multi-faceted bank robbing weapon. It's already targeting banks and other financial institutions across the US and UK, and the speed at which it has changed tack would suggest that there was a parallel development process going on from the get go. CoreBot could be the start of something big, something rather nasty.