'Invisible' memory-based malware hit over 140 banks, telecoms and government agencies

Cybercriminals have hit more than 40 countries with hidden malware that steals passwords and financial data. The malware is not found on hard drives as it hides in the memory of compromised computers, making it almost “invisible” as criminals exfiltrate system administrators’ credentials and other sensitive data. When a targeted machine is rebooted, nearly all traces of the malware disappear.

Over 140 enterprise networks – banks, government organizations and telecommunication companies – from 40 countries have been hit, according to Kaspersky Lab. The cybercriminals are using methods and sophisticated malware previously used by nation-state attackers.

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