At Working Nets, we know that staying on top of the latest in emerging security threats while running a small business can seem impossible. That’s why we’re here with updates on significant developments in the field of cyber security and their implications for your business. While many pieces of malware originate from abroad, this latest technological threat is home-grown, from the United States government as a matter-of-fact. Known as “Regin,” this piece of spyware, recently discovered by security firm Symatec, has been spying on international businesses for at least 6 years.
What is Regin?
Regin is a type of malware known as a Trojan, which is defined as a non-replicating piece of malware which disguises itself as a benign or useful program and typically opens a back door through which a third party can steal data and manipulate the infected computer.
Symantec has described Regin as “a complex piece of malware whose structure displays a degree of technical competence rarely seen.” This highly elusive and versatile piece of malware uses a structure typically employed for long-term intelligence-gathering. Regin has been found observing government organizations, infrastructure operators, businesses, academics, and individuals, collecting massive amount of data for years.
The largest percentage of targets infected with Regin have been small businesses and private individuals, the vast majority of whom are located in Saudi Arabia and Russia, but has also been seen found in Mexico, Ireland, India, Afghanistan, Iran, Belgium, Austria, and Pakistan.
How Does It Work?
With a highly modifiable structure, Regin can inject custom features and software into a target. It then follows up with a five-stage decrypting process delivering valuable information and complete access to a remotely connected host.
Where is Regin From?
Symantec’s initial assessment stated that “The development and operation of this malware would have required a significant investment of time and resources, indicating that a nation state is responsible.” Recent reports have shown strong evidence indicating that Regin can be traced to U.S. and U.K. officials, like the much maligned Stuxnet malware.
What Does Regin Mean for My Small Business?
The revelations about the extensive length of time and breadth of focus of Regin illustrate that the largest cyber-security threats facing businesses do not come from small-time independent hackers, but by vast, highly organized, and well-funded government organizations. Threats may come from any direction, within our borders, or globally, and staying prepared and in the know about cyber security is paramount to your businesses success.
Keep Your Private Information Secure with Working Nets
Outsourcing your IT can give you peace of mind and allow you to take care of the things that are important for your company. Working Nets is a Maryland based IT Service and Security company that services businesses nationwide. We’re always on top of emerging cyber security trends and threats so you don’t have to be.
To talk to someone about managed IT for your business, give us a call at (443) 992-7394. We’d be happy to assist you with your professional business networking needs.
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