Darknet Diaries

111: ZeuS

Feb 22, 2022

Explore the dark world of online banking fraud and the notorious ZeuS Trojan. Learn how this malware stole over $70 million by exploiting digital banking vulnerabilities. Discover the evolution of ZeuS from a simple forum post to a sophisticated criminal enterprise. Hear about the intense battle between cybercriminals and law enforcement as they navigate a high-stakes game of cat and mouse. Uncover the clever strategies used by a young coder from Russia, showcasing the innovative yet dangerous tactics in cybercrime.

48:35

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Quick takeaways

The development of Zeus malware revolutionized online banking fraud, allowing hackers to steal vast sums of money from bank accounts.

Hackers utilized money mules to launder stolen funds, recruiting unsuspecting individuals to act as intermediaries in transferring money and making it harder to trace.

The FBI, along with international law enforcement agencies and private sector partners, launched coordinated efforts to disrupt Zeus and SpyEye, resulting in significant blows to the criminal operations.

Deep dives

The Rise of Online Banking

Online banking has become more popular and convenient for customers, allowing them to manage their finances and perform transactions easily.

Intro

2min

The Battle Against Online Banking Trojans: A Strategic Game of Crime and Security

2min

The Rise of Cyber Banking Fraud

3min

The Rise of Zeus: A Banking Malware Evolution

11min

Unraveling the Web of Cybercrime: The Rise of Zeus Malware

35min

ZeuS is a banking trojan. Designed to steal money from online bank user’s accounts. This trojan became so big, that it resulted in one of the biggest FBI operations ever.

Sponsors

Support for this show comes from Axonius. Securing assets — whether managed, unmanaged, ephemeral, or in the cloud — is a tricky task. The Axonius Cybersecurity Asset Management Platform correlates asset data from existing solutions to provide an always up-to-date inventory, uncover gaps, and automate action. Axonius gives IT and security teams the confidence to control complexity by mitigating threats, navigating risk, decreasing incidents, and informing business-level strategy — all while eliminating manual, repetitive tasks. Visit axonius.com/darknet to learn more and try it free.

Support for this show comes from Keeper Security. Keeper Security’s is an enterprise password management system. Keeper locks down logins, payment cards, confidential documents, API keys, and database passwords in a patented Zero-Knowledge encrypted vault. And, it takes less than an hour to deploy across your organization. Get started by visiting keepersecurity.com/darknet.

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Darknet Diaries

111: ZeuS

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Rise of Online Banking

The Emergence of Zeus Malware

The Role of Money Mules

The Battle Between Zeus and SpyEye

Law Enforcement Agencies Take Action

Remember Everything You Learn from Podcasts