Former Conti and FIN7 members develop new Domino malware

04/22/2023 05:09 • Blockchain Buzz • 140 views

According to reports, IBM security intelligence experts report that former members of the Conti ransomware organization have teamed up with representatives of FIN7 to develop new Domino malware. This malicious software can steal credentials from passwords, documents, browsers, applications, and cryptocurrency wallets. It can also encrypt files on infected systems. Domino can disable security features.

Former Conti and FIN7 members develop new Domino malware

I. Introduction
II. Conti Ransomware Organization
III. FIN7
IV. Domino Malware
V. How Domino Malware Works
VI. The Potential Damage of Domino Malware
VII. How to Protect Yourself Against Domino Malware
VIII. Conclusion
IX. FAQs
# The Domino Malware: New Threats from Former Conti Ransomware and FIN7 Teams
In recent news, IBM security intelligence experts have reported that former members of the Conti ransomware organization have now teamed up with representatives of FIN7 to develop a new type of malware that threatens the digital security of all users, called Domino malware.

Introduction

In this article, we’ll discuss the origins of the Conti ransomware organization and FIN7, how the two organizations have worked together to create Domino malware, how Domino malware works, and what measures we can take to protect ourselves against it.

Conti Ransomware Organization

The Conti ransomware organization is a well-known hacking group that specializes in infecting systems and encrypting data, then demanding payment to release the data. Conti has recently gained much notoriety for their involvement in attacking several large organizations, including a recent attack on the Scottish Environmental Protection Agency.

FIN7

Not much is known about FIN7, other than it is a sophisticated hacking group known for stealing credit card data, most notably from the restaurant and hospitality industry. FIN7 was taken offline by the FBI in 2018, but it appears that they have re-surfaced in collaboration with the Conti ransomware organization.

Domino Malware

The capabilities of Domino malware are frightening. Reports from IBM have indicated that the malware can steal credentials, passwords, documents, browser data, application data, and cryptocurrency wallets. Furthermore, it can also encrypt files on infected systems, rendering them unusable.

How Domino Malware Works

The Domino malware uses advanced techniques to infiltrate computer and network systems. It is believed that the malware is spread through phishing emails that pose as legitimate correspondence. Once the malware is downloaded to an infected system, it begins to harvest data from the system and can spread to other connected devices. Domino malware can also disable security features of infected systems, making it difficult to detect and remove it.

The Potential Damage of Domino Malware

The potential damage from Domino malware is significant, as the malware is capable of stealing sensitive data and locking users out of their own files. Furthermore, it can be challenging to detect and remove the malware once it has been installed on a system.

How to Protect Yourself Against Domino Malware

Luckily, there are measures that users can take to protect themselves against Domino malware. It’s important to remain vigilant when opening emails, especially those from unknown senders. Look for signs of phishing, such as incorrect grammar or spelling errors, or suspicious-looking links. It’s also a good idea to keep anti-malware software up to date and to always have a backup of crucial data.

Conclusion

The development of the Domino malware highlights the importance of staying vigilant when it comes to digital security. By staying informed and taking the necessary steps to protect ourselves, we can avoid falling victim to new and emerging strains of malware.

FAQs

1. What is Domino malware?
Domino malware is a type of malware that can steal credentials, passwords, documents, browser data, application data, and cryptocurrency wallets. It can also encrypt files on infected systems and disable security features.
2. How is Domino malware spread?
It is believed that Domino malware is spread through phishing emails that pose as legitimate correspondence.
3. How can I protect myself against Domino malware?
To protect yourself against Domino malware, stay vigilant when opening emails, keep anti-malware software up to date, and always have a backup of crucial data.

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