Researchers are warning users about a wave of recent attacks targeting U.S. financial institutions that leverage a new banking Trojan dubbed IcedID.
The IcedID Trojan was spotted in September by researchers at IBM’s X-Force Research team. They said the Trojan has several standout techniques and procedures, such as the ability to spread over a network and the ability to monitor a browser’s activity by setting up a local proxy for traffic tunneling.
“At this time, the malware targets banks, payment card providers, mobile services providers, payroll, webmail and e-commerce sites in the U.S.,” researchers wrote in a report released Monday explaining the discovery. Two U.K.-based banks are also targeted by the malware.