The Communications Authority has warned of an advanced and destructive banking virus targeting network systems. The National Computer Incident Response Team Coordination Centre has so far detected 11 cases targeting local institutions. CA Director General Tom Olwero in a statement on Monday said the malware, Emotet, is disseminated through malicious email attachments or links posing as invoices, payment notifications and bank account alerts. Olwero said the virus can evade typical signature-based detection and has several methods for maintaining persistence, includingauto-start registry keys and services. "Once downloaded, Emotet establishes persistence and attempts to propagate the local networks through incorporated spreader modules," he added.

Source: The Star December 31, 2018 16:41 UTC