Shifu Officially Spreads to the UK: Banks and Wealth Management Firms Beware


September 28, 2015

Less than a month after Security Intelligence announced the discovery of the brand-new and highly advanced banking Trojan Shifu, our predictions materialized and the malware has spread from Japan and begun actively attacking U.K. banks and wealth management firms.

Shifu, which is suspected to have been created by Russian-speaking malware authors, only targeted 14 Japanese banks at the time of its discovery and also focused on a select set of electronic banking platforms used across Europe. However, due to the threat’s level of sophistication, IBM Security X-Force researchers predicted it would spread into new territories in the near future. As of Sept. 22, that prediction is a reality, with the U.K. receiving its very own Shifu configuration with 18 new targets.

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