Zeus: Is Mobile the New Target?

Verizon Expert Says Any Channel Could Be Vulnerable to Malware
The Zeus threat is striking businesses and financial institutions throughout the world, and it's suspected to be the malware behind recent attacks on mobile devices.Zeus, the world's most sophisticated malware, is targeting consumers and businesses throughout the world. Now, Zeus or Zeus-like malware, is hitting mobile devices - an attack often referred to as "man-in-the-mobile." Recent arrests for related crimes - those in the United Kingdom and those in the United States - prove Zeus is a global problem.

Dave Ostertag, global investigations manager for Verizon Business' Investigative Response unit, says Zeus, now in its eighth version, is constantly evolving. This malware, which first appeared more than a decade ago in Europe and then made its way to the U.S., is striking businesses and institutions in Asia-Pacific. Zeus' fluid evolution poses great challenges for businesses, governments, financial institutions and law enforcement. But the industry is making headway, Ostertag says, through global collaboration.

During this interview, Ostertag discusses:

  • How global agencies and financial institutions work together to combat Zeus attacks; li>
  • Measures businesses and financial institutions can take to protect databases from Zeus attacks;
  • Why emerging banking channels, such as the mobile channel, are vulnerable.

Ostertag is the global investigations manager for Verizon Business. With more than 30 years of investigative experience in the government and security arenas, Ostertag coordinates forensic investigations conducted by Verizon's Investigative Response unit. Ostertag has taken the lead on many highly publicized large data compromise investigations over the past few years. In addition, Ostertag is considered a leader in criminal and civil investigative techniques and is a certified expert witness. Ostertag has worked extensively with law enforcement in the investigation, identification, arrest and prosecution of individuals and groups involved in international organized criminal data-compromise and fraud.

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