A Remote Access Trojan is a specific type of malware capable of controlling a system via a remote network connection.
While some desktop sharing and remote administration tools are legitimate, a RAT is usually associated with criminal or malicious activity. RATs are typically installed without the victim's knowledge, often as the payload of a Trojan horse – a file designed to mislead victims in to installing or executing a file that presents itself as harmless.
This type of malware allows attackers to take control of a victim’s computer or mobile device during a banking session allowing them to commit fraud without the need of taking over the victim’s account – just the banking session legitimately started by the victim.
RATs are insidious and can operate undetected by:
RATs are targeted malware that are extremely difficult to detect and can execute highly successful online fraud attacks to compromise customer accounts at any point during an online session.
bugFraud detects and alerts banks to manipulation and impersonation attacks against their customers. bugFraud creates dynamically profiles each user and gets:
When bugFraud detects anomalous activity, it can take the appropriate action to protect users.
A comprehensive threat classification and analysis system eliminates false positives and avoids false negatives so that the bank’s security and IT teams only are only notified of high-risk activity.
Remote Access Trojans are the second most commonly used malware in cyber attacks worldwide.
buguroo’s cloud-based fraud detection delivers a straight forward solution for detecting and stopping RATs.
Delivered to each customer at every sign-in via bugFraud’s web portal protection integration banks and their customers can be protected from one of the most insidious cybercriminal tools in use today.
Additionally, buguroo’s comprehensive classification system eliminates false positives and avoids false negatives so bank security and IT teams can focus on real fraud, and not chasing false positives.
Customer BionicID Data is collected and analyzed at every point in a customer’s online banking session to prevent fraud at every stage. When bugFraud detects anomalous activity, like the presence of an active RAT it can take the appropriate action to protect users. Banks can see exactly how, when, and where fraud attempts are occurring, and which customers are being victimized.
Traditional malware approaches cannot keep pace with the ever-changing fraud landscape. For this reason, bugFraud’s malware detection engine was designed to identify how all RATs execute an attack, by downloading additional malicious code and manipulating content in customer’s browser – attack indicators not recognized by traditional security measures.
Banks do not need to install or maintain agents or other software on users’ devices. bugFraud is completely transparent for users, protecting all their online banking sessions across any device they use – PCs, laptops, tablets, or smartphones. Banks now have a way to prevent RATs from executing online banking fraud while increasing customer security and convenience. buguroo bugFraud helps banks ﬁght back against fraudsters and stop RATs in their tracks.