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Breaking RSA Conference News: Damballa Discovers Advanced Evasion Techniques Being Used by Six Crimeware Families to …

ATLANTA--(BUSINESS WIRE)--

Damballa Inc., the company transforming the fight against cyber threats, today released results of its discovery of advanced stealth techniques used by six crimeware families to carry out global cyber attacks. The crimeware families are a new Zeus variant, Bamital, BankPatch, Bonnana, Expiro.Z and Shiz. The crimeware has been evading detection because cyber criminals are rapidly adopting domain generation algorithms (DGAs). This technique is being used to completely evade detection by blacklists, signature filters, and static reputation systems and to hide command-and-control (C&C) infrastructure. DGAs are also referred to as a form of Domain Fluxing.

An eight-page Damballa Research Report describes, for the first time, how six known malware families have been using DGAs to evade detection and grow sizable criminal networks. The oldest, BankPatch, has been using DGAs to evade detection for approximately two years. Without having to reverse engineer malware or 'decode' the DGA algorithm, Damballa Labs can now automatically detect and model DGA behavior by using patent-pending machine learning technology. The report is titled DGAs in the Hands of Cyber-Criminals - Examining the State of the Art in Malware Evasion Techniques.

The company also released a detailed analysis of a recent variant of the Zeus version 3 malware, and for the first time, provided details on its use of DGAs as a secondary connection technique when the primary connection attempt is blocked or fails (the primary connection technique being peer-to-peer). The case study is titled DGAs and Cyber-Criminals – A Case Study.

“While DGAs are not new, the rate at which they are being adopted and their ability to elude the scrutiny of some of the most advanced malware analysis professionals should be of great concern to incident response professionals,” stated Gunter Ollmann, vice president of research for Damballa. “We have found that the security community as a whole has insufficiently or only partially analyzed the network behaviors of DGA-capable malware. For one, some advanced malware is using DGA as a secondary connection technique when the primary technique, let’s say peer-to-peer, has failed. Those charged with protecting the enterprise that have detected or blocked the obvious primary connection technique have failed to counter the back-up technique, and the malware can then successfully locate the C&C using DGAs.”

DGAs first made major news with the outbreak of Conficker. Since that time, the DGA techniques have significantly advanced and are now being adopted by some of the more stealthy threats and by criminals desperately seeking to avoid attribution.

The concept of DGAs is simple enough, but incredibly stealthy. Malware that has infected an endpoint device is programmed with an algorithm that uses a ‘seed’ value, like the current date, to generate potentially hundreds of seemingly random domain names that all attempt to resolve to an IP address. Nearly all of the domain names will result in a ‘non-existent’ domain message (NXDomain). Only one or a few will actually resolve to an IP address. The criminal operator, knowing the nature of the algorithm and the seed that will be used that day, will register only one (or a few) of the domains and have them resolve to his C&C infrastructure. The next day the cycle repeats. The domains used for the previous day’s connection are discarded, meaning the domain names are ‘thrown away,’ and even if detected, would be meaningless in stopping the threat or discovering the criminal C&C.

“With the leak of the Zeus source code and expanding investment by criminal operators to hide and protect their C&C infrastructure, we should expect to see more DGA-based malware being used to deliver ever-increasingly stealthy attacks,” said Ollmann. “At Damballa Labs we have been studying this trend and have two patent-pending machine learning technologies specifically designed to identify DGA-based threats by clustering NXDomains from big data that we maintain from years of monitoring global DNS traffic. We can identify these threats without prior interception or knowledge of malware samples, and as described in the case study, map this DGA-based behavior back to the C&C infrastructure and ultimately to the malware family. DGA ‘classifiers’ are then used on the Damballa Failsafe sensors to automatically and rapidly identify DGA-based malware infected devices in customer networks – attributing the behavior to a specific malware family without having to see the malware or the infection occur. Damballa is the only company with this capability today. I am very proud of what the research team at Damballa Labs has been able to accomplish.”

About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides the only network security solution that detects the remote control communication that criminals use to breach networks to steal corporate data and intellectual property, and conduct espionage or other fraudulent transactions. Patent-pending solutions from Damballa protect networks with any type of server or endpoint device including PCs, Macs, Unix, smartphones, mobile and embedded systems. Damballa customers include mid-size and large enterprises that represent every major market, telecommunications and Internet service providers, universities, and government agencies. Privately held, Damballa is headquartered in Atlanta. http://www.damballa.com

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Breaking RSA Conference News: Damballa Discovers Advanced Evasion Techniques Being Used by Six Crimeware Families to ...

Rule Financial Ramps up Global Operations to Support International Growth

LONDON, February 27, 2012 /PRNewswire/ --

Rule Financial, (http://www.rulefinancial.com), an independent provider of business consultancy, IT consultancy and IT services to the global investment banking community, today announces an increase in sales and a raft of senior hires to support its growing business. Rule Financial has strengthened its presence in New York, made a number of senior hires in London and expanded its presence in ?ód?, Poland, illustrating the increased demand for Rule Financial's onshore and nearshore services.

Rule Financial has experienced year-on-year growth with 2011 revenue coming in ahead of target and the company growing its footprint within nine of the top ten global investment banks. In the current market conditions, this growth reflects the requirements of capital market participants for specialist domain knowledge, particularly in regard to new regulation, such as Dodd-Frank, Basel III and the ICB ring-fencing proposals.

The company's offices in New York and Poland have grown considerably with the number of employees more than doubling over the past 12 months. In ?ód?, specifically, Rule Financial has attracted a highly skilled and enthusiastic new workforce from the city's leading universities, fuelling growth in a nearshore development and support service that is proving to be highly attractive for its banking clients.

As part of the enhanced team in New York, Ciaran Henry joins Rule Financial, bringing his extensive experience of capital markets and applying these skills to a range of new clients. Ciaran, who reports into CEO Chris Potts, has over 25 years of experience in capital markets technology, gained at some of the world's leading investment banks; previously holding MD positions in the technology organisations of Merrill Lynch, JP Morgan Chase, and Credit Suisse.

Regarding his appointment, Ciaran said: "Rule Financial has an industry-wide reputation for innovation and excellent project delivery and I'm delighted to be part of its expansion in the US market. The rapidly changing regulatory environment in the United States, fuelled by the ever evolving Dodd-Frank and the Volcker Rule, is creating significant challenges for global investment banking. As we support our clients in meeting these complex regulations, I anticipate further growth of the New York team."

In London, Rule Financial continues to reinforce its domain strength and has appointed Jim Warburton as global head of the investment banking domain group, which will lead the development of client-focussed propositions. Jim has gained extensive banking experience from working in roles such as Senior Vice President at Citigroup and Director at Credit Suisse, as well as providing consultancy for many other financial organisations. Jim brings expertise in securities processing, covering Settlement, Clearing and Corporate Actions, on the sellside, buyside and within private banking.

Regarding his appointment, Jim said: "Investment banks around the world rely on Rule Financial for support with projects in core areas such as OTC derivatives clearing, collateral management and optimisation, as well as multi-platform UX design and build for eTrading and risk reporting. We have also witnessed a growing demand for application support and managed services that deliver cost savings and business efficiencies. I am keen to provide innovative new propositions that genuinely help our clients accelerate change and reap the benefits of leading business and IT innovation."

Reporting to Jim is new hire Jeremy Taylor, a specialist in operational processing and derivatives. Jeremy will be leading the delivery of Rule Financial's client offerings in the OTC derivatives area and related regulatory reforms.

Chris Potts, CEO, Rule Financial, said: "Growing the business in 2011 was a tremendous achievement for Rule Financial and a testament to the high quality work our specialists are performing within banks. Our consultants are the foundation of our business and we recruit and develop domain experts who truly innovate to solve the needs of the world's leading banks. We fully intend to develop these capabilities in 2012 with more investment in our domain experts and delivery teams, to offer world-class support to our growing client base."

About Rule Financial

Rule Financial is a leading independent provider of business and IT services, employing over 350 people in the UK, the USA, Spain and Poland. Our specialists work alongside their counterparts at the world's leading investment banks, hedge funds and financial institutions, helping to lower costs, improve productivity and extract the maximum value from IT investments.

We cover all aspects of advisory, execution and support services. Our domain specialisms include: Securities Finance, Prime Services, Risk Management, Trading, Legal & Compliance and Operations. Our delivery specialisms include: advisory and execution services in system development, user-centric design, software development, integration, testing, on-going support and IT outsourcing.

We offer our clients end-to-end solutions that solve their complex business and IT issues. Our specialists have a deep understanding of the increasing regulatory pressures faced by financial institutions and a number of our recent engagements have included strategic consultancy around OTC derivatives regulation and the implications of central clearing on integrated systems and collateral management.

 

web: http://www.rulefinancial.com

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Rule Financial Ramps up Global Operations to Support International Growth

Introducing Cody Hall – Video

27-02-2012 10:09 Cody Hall, son of Scott Hall, training at the Team Vision Dojo is looking to make his mark in the world of professional wrestling. (filmed 2/27/12)

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Introducing Cody Hall - Video

PICTALK TV – February 27 2012 – Video

27-02-2012 13:48 Guests on this show include: Dr. Victor Ouellette from A Chiropractic - Plus Clinic Bob Allan from Computer Help Services Dot High from the Mountain Theatre. Dr, Oulette spoke about his newest website at http://www.healthadvicetherapy.com, how it can help people to lead healthier lives by helping them achieve the 5 pillars of health. Bob Allan continues his sexy computer series today with Speakers http://www.computerhelpservices.on.ca Dot High shared news of exciting upcoming events at the Mountain Theatre. http://www.mountaintheatre.ca

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PICTALK TV - February 27 2012 - Video

TRAK TV 2.0 FT. K.DOT DA SHOWSTOPPA AND ROBBIE LIVE (TALKS ABOUT RAPPING FOR RICK ROSS) + FREESTYLE! – Video

27-02-2012 17:55 TRAK TV 2.0 INTERVIEW WITH K.DOT DA SHOWSTOPPA AND ROBBIE LIVE. K.DOT TALKS ABOUT RAPPING FOR RICK ROSS AND POSSIBLE LABEL SITUATIONS. ROBBIE LIVE TALKS ABOUT WORKING WITH TONE TRUMP AND WHAT TRAKTEAM HAS IN STORE.

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TRAK TV 2.0 FT. K.DOT DA SHOWSTOPPA AND ROBBIE LIVE (TALKS ABOUT RAPPING FOR RICK ROSS) + FREESTYLE! - Video