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Shifu, a dangerous Banking Trojan is Attacking Japanese Banks

The Shifu Banking Trojan is a new sophisticated malware that has been used to target the customers of more than a dozen Japanese banks.

Shifu is the name of a new banking trojan that has been around since at least April targeting Japanese banks and a number of European e-banking platforms.

“Shifu currently targets 14 Japanese banks and select electronic banking platforms used across Europe; however, at this time, only Japan is seeing active attacks.” states ablog postpublished by IBM.

The Shifu banking trojan was designed to circumvente-banking users by stealing their credentials and digital certificates, it is also able to scrape banking app authentication tokens, and exfiltrate data from smart cards connected to the infected machine.

The Shifu banking Trojan also targets digital signature credentials issued to business users by certification authorities, the malware authors harvest themto impersonate victims and sign documents and sign documents for them. The digital...(continued)

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