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Into the Mind of a RAT Operator

Although Dyre is considered as the most devious attack hitting the financial sector, little is known about the cybercrime group behind this Remote Access Trojan. However, new intelligence based on analyzing the second-by-second behavior of the intruders within victim accounts sheds light on their methods, motivations and adaptive minds.

We’ll also talk about mobile RATs, an emerging threat for mobile banking and mobile payments and share some interesting videos.
Recorded Apr 20 2016 73 mins
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Presented by
Uri Rivner, Head of Cyber Strategy, BioCatch
Presentation preview: Into the Mind of a RAT Operator

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  • Examining the ROI of Behavioral Biometrics Mar 7 2017 3:00 pm UTC 75 mins
    Oren Kedem, VP, Product Management, BioCatch & Dr. Raphael Yahalom, Affiliated-Researcher, MIT Sloan School of Management
    Behavioral biometrics has been getting a lot of attention lately as being able to uniquely address the challenges posed by social engineering, account takeovers and malware. By looking at the way people scroll, type, toggle between fields and use shortcuts, behavioral biometrics can help determine the authenticity of a user, not just which device or password was used to login. However, as an emerging technology, many questions remain on its effectiveness and how to calculate its ROI.
    In this webinar, you will learn:
    - What are the roles of filters in calculating ROI of behavioral biometrics
    - What are the parameters that make up an ROI model
    - How to adjust parameters to maximize ROI
  • Global Trends in Online Fraud: 2016 Year in Review Recorded: Feb 2 2017 64 mins
    Uri Rivner, BioCatch Co-Founder and Head of Cyber Strategy
    BioCatch works with leading banks around the world and monitors more than 2 billion transactions per month. Join us as we provide a summary of fraudulent activity gathered via our behavioral biometrics platform in 2016, review the latest trends in online fraud and share some insights as to what 2017 will bring.
  • Dirty Tricks: Into the Minds of the Trickbot Gang Recorded: Dec 8 2016 64 mins
    Uri Rivner - VP of Cyber Strategy and Iain Swaine, Head of Cyber Strategy EMEA
    Dyre was one of the most dangerous, stealthiest Trojans of its time. It hit banks worldwide, evading detection and operating in custom mode based on the banks' defenses. Then its operation was disrupted in mid 2015 and it went silent... But now a new menace emerges: the Trickbot Trjoan. With a new set of dirty tricks in their arsenal, the cyber criminals now have a new, highly effective weapon. In this unique webinar we'll Join our webinar to:
    -See a second-by-second analysis of a real world Trickbot's operator inside a victim's online banking account, and see how the attacker operates.
    -Compare Trickbot's operators methods to those of Dyre and Dridex operators.
    -Learn how Behavioral Biometrics alert on Trickbot
  • The Mobile Banking Security Challenge: Tackling Fraud and Friction Recorded: Oct 20 2016 48 mins
    Uri Rivner, Co-Founder and Head of Cyber Strategy
    Mobile banking fraud has been predicted for years - but in 2016 it moved from a small trickle into an alarming flood.

    Why is mobile fraud happening now? How do fraudsters infect mobile devices with malware? What are remote access attacks and why are they becoming very popular in mobile app fraud? What methods do the banks deploy to defend mobile applications, and are they working?

    Join Uri Rivner, Head of Cyber Strategy at BioCatch, as he discusses how the Behavioral Biometrics Authentication works on mobile devices and the latest on Mobile RAT and Social Engineering attacks.
  • Mobile Authenitication and Mobile Fraud Recorded: Jul 13 2016 38 mins
    Kevin Donovan, VP Americas, BioCatch
    As the mobile channel is increasingly becoming the preferred method of banking and payments, traditional biometric authentication solutions such as fingerprint, face & voice recognition introduce friction to the mobile user experience as they require the user's active involvement in the enrollment and the authentication phase. By looking at specific cognitive parameters, Behavioral Biometric Authentication allows banks to protect their users while not impacting the end user experience.
  • Talking about Application Fraud and Account Takeover Recorded: Jun 9 2016 54 mins
    Julie Conroy, Research Director at Aite Group, and Uri Rivner, VP of Cyber Strategy at BioCatch
    Nearly half a billion records were breached in 2015 alone, and it’s clear from the rising rates of account takeover and application fraud that criminals are making ample use of this data. Later, these accounts are used to perpetrate fraud through money transfers and online purchasing of goods and services. How can businesses effectively combat this fraud while still maintaining a positive user experience? Join us for a discussion that will include:

    * Dissection of the attack vectors and methods that are leading to rising account takeover and application fraud

    * A discussion of businesses digital strategies and best practices for balancing fraud prevention with the user experience

    * A demonstration of how organizations deploy behind-the-scenes Behavioral Biometric analysis that can flag fraudulent applications, even if the criminal has full access to the victim’s personally identifiable information.
  • Into the Mind of a RAT Operator Recorded: Apr 20 2016 73 mins
    Uri Rivner, Head of Cyber Strategy, BioCatch
    Although Dyre is considered as the most devious attack hitting the financial sector, little is known about the cybercrime group behind this Remote Access Trojan. However, new intelligence based on analyzing the second-by-second behavior of the intruders within victim accounts sheds light on their methods, motivations and adaptive minds.

    We’ll also talk about mobile RATs, an emerging threat for mobile banking and mobile payments and share some interesting videos.
  • Validating Same-Day ACH Payments with Behavioral Biometrics Recorded: Feb 18 2016 41 mins
    Kevin Donovan, VP Americas, BioCatch
    With NACHA's recent announcement on the implementation of same-day ACH (Automated Clearing House) payments to start in September 2016, banks need to be prepared as the impact on treasury and fraud personnel at a bank will be significant.

    BioCatch’s cognitive profile improves the efficiency and security needed to move to same-day ACH payments. By comparing the current behavior and request to the historical cognitive profile of the user, fraud teams can reduce the amount of transactions that require manual review. Any suspicious payments can be profiled against an accurate behavioral profile of the user for a more complete risk score.
  • RAT WARS: Detecting Dyre and RitB (RAT-in-the-Browser) with Behavioral B Recorded: Nov 30 2015 49 mins
    Uri Rivner, VP Cyber Strategies and co-founder at BioCatch
    Dyre and similar Trojans such as Neverquest and Dridex emerge as a new class of advanced, persistent cybercrime attack. They spread fast, hit hard, and are a devil to detect.

    The operators of these Trojans use a clever combination of RitB techniques to conduct a sustained, multi-phased campaign in which - similar to APTs hitting the enterprise - they slowly manipulate victim accounts until they are ready to strike. At that time they deploy a standard Remote Access protocol (VNC) which makes them completely invisible to device recognition and geo-location tools. They switch off all active components of the malware to make sure it cannot be detected by traditional anti-malware tools. Then they open a browser from within the genuine victim machine, log into online banking and proceed uninterrupted to empty the victim's account.

    It's time to put up a good fight.

    BioCatch deploys its unique Behavioral Biometrics technology to spot RAT-like user interactions and detect the operators of Dyre, Neverquest and Dridex as they conduct their attacks on global banks.

    Join Uri Rivner, VP Cyber Strategies and co-founder at BioCatch, as he talks about the recent RitB attacks. Doing a second-by-second analysis of the Dyre operators’ user interaction within actual victim account, we'll see how they control the application remotely, how they set up new payees, and how they make payments from the infected machines. We will also talk about how Social RitB fraud attacks on online banking is gaining momentum.
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BioCatch's behavioral biometrics detects online threats and stops financial fraud.
Here you can get the latest news and trends on continuous authentication, online users, fraudsters, and malware.

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  • Title: Into the Mind of a RAT Operator
  • Live at: Apr 20 2016 8:30 am
  • Presented by: Uri Rivner, Head of Cyber Strategy, BioCatch
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