There is a new form of malware that your staff needs to be aware of

That's because it's gaining in popularity among cybercriminals around the world.  Known as 'Racoon Stealer,' it is noteworthy not for its complexity but rather, for its extreme ease of use.  Worse, the malware's designers have been marketing it aggressively both inside and out of the Dark Web, which is driving rampant adoption rates.

Racoon Stealer was first spotted in the wild in April of 2019.  It's a Trojan virus that's relatively simple in its construction, but quite adept at collecting password information and sending it back to whoever launched it.

The Senior Director of Threat Hunting at Cybereason was quoted

"Raccoon, like other information stealers, poses significant risks to individuals and organizations alike.  Any malware that is designed to steal passwords and personal information from browsers and mail clients could potentially inflict great damage to its victims.

The stolen data is being sold to the highest bidder in the underground community and can be used in many ways--from identity theft, financial theft or even as an entry vector to penetrate an organization and in order to carry out a larger attack."

In addition to the general hype created by the marketing campaign, the group behind Raccoon provides its criminal user base with more tools. These include an easy-to-use backend, hosting, and dedicated 'round the clock support, all for $200 a month.  The data that this little piece of code can obtain can easily generate high amounts of income for the hacker. That makes it a fantastic investment for the criminal underground, which explains the malware's explosive growth and spread.

Our perspective

In any case, be sure your IT staff is aware, and be on your guard.  It looks like Raccoon is here to stay.

 

~ As Hill Street Blues' Sgt. Esterhaus always advised: "Hey, let's be careful out there!" ~

 

Meanwhile, check out this report

This free executive report may give you insights into how to build your business with safe IT environments: 10 Hidden IT Risks That Might Threaten Your Business and 1 Easy Way to Find Them

The author

Thanks for reading this short post. For more tips on thriving with small business technology, check out the other blog posts at DWPia Blogs. I am also available on LinkedIn, Facebook, and Twitter.

Cybersecurity Expert, Small Business Technology Consultant, Managed Services Provider, Managed IT SupportI am Denis Wilson, President and Principal Consultant for DWP Information Architects. I help professionals grow their business by building a foundation of rock-solid information solutions for smaller healthcare, insurance, financial, legal, and nonprofits firms in Ventura County and San Fernando Valley. And have created cost-effective IT solutions, for over 20 years, specializing in cybersecurity and regulatory compliance. I am also a published author and speaker, working extensively with a variety of organizations, as well as providing small business technology education programs through business and professional associations. This just in: I will be speaking regularly at California Lutheran University's Center for Nonprofit Leadership starting in September.

Contact me if you would like me to speak at your association.