IBM Security Experts Warn of New Domino Malware Developed by Former Conti Ransomware Members and FIN7 Representatives

According to reports, IBM security intelligence experts report that former members of the Conti ransomware organization have teamed up with representatives of FIN7 to develop new Domino malware. This malicious software can steal credentials from passwords, documents, browsers, applications, and cryptocurrency wallets. It can also encrypt files on infected systems. Domino can disable security features.

Former Conti and FIN7 members develop new Domino malware

In recent news, IBM security intelligence experts have reported that former members of the controversial Conti ransomware organization have joined forces with representatives from the notorious FIN7 group to develop a new type of malicious software called Domino. This new malware can steal credentials from passwords, documents, browsers, applications, and cryptocurrency wallets. It can also effectively encrypt files on infected systems, as well as disable necessary security features.

What is Domino Malware and Where Did it Come From?

Domino malware is a type of digital attack deployed by cybercriminals to cause encrypted harm to networks, systems, and data. It is considered a “data gobbler,” as it primarily seeks out sensitive information to gather or encrypt. This malware was reportedly created by former members of Conti and FIN7. Conti was a notorious ransomware organization responsible for cyberattacks on many different industries, including healthcare, advertising, and retail.

How Does Domino Malware Work?

Domino malware works by initially infiltrating a user’s system, typically through vulnerabilities in their security or outdated software. Once the malware has infected the system, it will then execute a series of commands to gather sensitive information, such as passwords and other valuable data. This information will then likely be sent back to a remote server, where it can be sold on the dark web or used in future cyberattacks.

How Can You Protect Yourself From Domino Malware?

The best way to protect yourself from Domino malware and other similar digital attacks is to be proactive in maintaining strong security measures. This includes keeping software up to date, using firewalls and antivirus software, and being vigilant about suspicious emails or messages. In addition, it is important to regularly back up important data to ensure that it can be recovered in the event of a ransomware attack.

What Can We Learn From the Development of Domino Malware?

The development of Domino malware serves as a stark reminder of the ever-evolving nature of cybercrime. These attacks can come from any number of sources, and will likely continue to adapt and change as technology advances. However, by staying informed and proactive in our approach to cybersecurity, we can better protect ourselves and our information from these malicious actors.
In summary, Domino malware is a new type of digital attack developed by former members of the Conti ransomware organization and representatives of the FIN7 group. This malware is designed to steal sensitive information and encrypt files on infected systems, and can effectively disable necessary security features. To protect yourself from this and other forms of digital attacks, it is important to maintain strong security measures and stay informed about the latest threats.