Intelligent CIO APAC Issue 15 | Page 9

NEWS

Sophos reports on rampant ‘ Raccoon Stealer ’ campaign that steals cryptocurrencies

malware are increasingly targeting stored web credentials that provide access to a lot more than they could get by just stealing stored password hashes .

Sophos , a global leader in nextgeneration cybersecurity , has published new research , Trash Panda as a Service : Raccoon Stealer Steals Cookies , Cryptocoins and More , detailing how a stealer disguised as pirated software grabs cryptocurrencies and information while dropping malicious content , such as cryptominers , on targeted systems . Sean Gallagher , Senior Threat Researcher , Sophos , said : “ With much of daily and professional life now reliant on services delivered through a web browser , the operators behind information-stealing

“ The campaign we ’ ve been tracking shows Raccoon Stealer grabbing passwords , cookies and the ‘ autofill ’ text for websites , including credit card data and other personally identifying information that may be stored by a browser . Thanks to a recent ‘ clipper ’ update that changes the clipboard or destination information for a cryptocurrency transaction , Raccoon Stealer also now targets crypto-wallets , and it can retrieve or load files – such as additional malware – on infected systems .”
Raccoon Stealer is usually spread by spam email . However , in the campaign Sophos investigated , it is distributed through droppers that the operators disguised as cracked software installers .

Rackspace Technology releases global survey results requirements ( 56 %) and / or to scale critical services when required ( 51 %).

Rackspace Technology has announced the results of a global survey revealing that 2020 drove a large-scale push for application modernization .

According to the survey , The State of Application Modernization , 71 % of respondents said at least one out of four applications are undergoing active modernization , and 24 % said more than half of all their applications are underdoing modernization . Most organizations have already paid a price for dragging their feet , over half of respondents said delaying application modernization has resulted in failures to meet compliance
Jeff DeVerter , Chief Technology Evangelist , Rackspace Technology , said : “ The results paint a clear and consistent picture . Organizations of all sizes and across all industries have firmly bought into Digital Transformation and are actively pursuing strategies of continuous application modernization . In fact , many have already experienced direct consequences from moving too slowly – which may explain why nine out of 10 organizations say their appreciation for the business value of applications has increased .”
The global survey included 1400 plus respondents in IT and non-IT business units , from companies with US $ 300 million annual earnings and above , including both decisionmakers and application users .
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