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Racoon Stealer Malware Is New One To Watch For

By November 18, 2019May 9th, 2022Cybersecurity

There is a new form of malware that you and your staff need to be aware of. That’s because it’s gaining in popularity among cyber criminals around the world.  Known as ‘Racoon Stealer,’ it is noteworthy not for its complexity but rather, for its extreme ease of use.  Worse, the malware’s designers have been marketing it aggressively both inside and out of the Dark Web, which is driving rampant adoption rates.

Racoon Stealer was first spotted in the wild in April of 2019.  It’s a Trojan virus that’s relatively simple in its construction, but quite adept at collecting password information and sending it back to whomever launched it.

The Senior Director of Threat Hunting at Cybereason, Assaf Dahan, had this to say about the emerging threat:

“Raccoon, like other information stealers, poses significant risks to individuals and organizations alike.  Any malware that is designed to steal passwords and personal information from browsers and mail clients could potentially inflict great damage to its victims.

The stolen data is being sold to the highest bidder in the underground community and can be used in many ways–from identity theft, financial theft or even as an entry vector to penetrate an organization and in order to carry out a larger attack.”

In addition to the general hype created by the marketing campaign, the group behind Raccoon provides its criminal user base with more tools. These include an easy-to-use backend, hosting, and dedicated ’round the clock support, all for $200 a month.  The data that this little piece of code can obtain can easily generate high amounts of income for the hacker. That makes it a fantastic investment for the criminal underground, which explains the malware’s explosive growth and spread.

In any case, be sure your IT staff is aware, and be on your guard.  It looks like Raccoon is here to stay.

Jason Manteiga

Jason J. Manteiga, Vice President of Olmec Systems, has been part of the company for over the past 20 years. He believes that having a great work environment and supportive team, is the ultimate key to success. Since being in the IT realm for over 25 years, Jason, along with Olmec Systems, has been on the Inc. 5000 “List of America’s Fastest Growing Private Companies” and Channel Futures MSP 501 “Top Managed Service Providers in North America,” along with other awards and nominations. Jason earned his Bachelor Degree in Information Systems from the New Jersey Institute of Technology. He also holds certifications in Microsoft MCSE, VMWare VCP, and Cisco CCNA. In his spare time, Jason is a contributor for The Center for Social & Legal Research (Privacy Exchange) and a member of the Morris County Chamber of Commerce. His hobbies include cycling and kayaking. He currently lives in New Jersey with his wife, two daughters and son.