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ZBERP 
Inside a Financial Trojan
Your speakers today 
Marion Marschalek 
Security Research Expert 
Shelendra Sharma 
Product Marketing Director
Agenda 
o What is ZBERP 
o Dissecting the malware 
o Wrap-up and Q&A 
Cyphort Labs T-shirt
Threat Monitoring & 
Research team 
________ 
24X7 monitoring for 
malware events 
________ 
Assist customers with 
their Forensics and 
Incident Response 
We enhance malware 
detection accuracy 
________ 
False positives/negatives 
________ 
Deep-dive research 
We work with the 
security ecosystem 
________ 
Contribute to and learn 
from malware KB 
________ 
Best of 3rd Party threat 
data
Banking Trojans 
How Malware Became Greedy
Zeus 
Citadel 
SpyEye 
ZitMo 
ZeusVM/KINS 
Carberp 
... Zberp! 
Source: https://www.mobigyaan.com
Zeus 
Citadel 
SpyEye 
ZitMo 
ZeusVM/KINS 
Carberp 
... Zberp! 
Source: https://www.mobigyaan.com
Source: https://zeustracker.abuse.ch/
ZeusVM / KINS 
o Born December 2011 
o Sold as a kit since 2013 
o Heavily based on Zeus code 
http://blog.fox-it.com/2013/07/25/analysis-of-the-kins-malware/
There Is No Honor Among Thieves
KINS + Carberp = Zberp? 
Code injection 
Hooking technique 
Infection routine 
VM code 
Steganografic 
configuration
ZBERP 
How Zeus and Kins and Carberp Merged
What Makes ZBERP 
o Steganography 
o Invisible persistence 
o SSL CnC Communication 
o VMProtect Feature 
o New Hooking implementation
System Infiltration 
1. Drop executable in users %APP% folder 
2. Create and execute a batch file to delete dropper 
3. Maintain registry key for persistence 
4. Inject payload to system processes 
5. Download customized configuration
System Infiltration 
1. Drop executable in users %APP% folder 
2. Create and execute a batch file to delete dropper 
3. Maintain registry key for persistence 
4. Inject payload to system processes 
5. Download customized configuration
Virtual Machine Code Execution 
1. Grab next opcode 
2. Call opcode handler
Virtual Machine Code Execution 
1. Grab next opcode 
2. Call opcode handler
Steganographic Configuration
Steganographic Configuration
Steganographic Configuration
Invisible Persistence 
Thread for 
managing 
autorun key 
...
Invisible Persistence 
Thread for 
managing 
autorun key 
...
Code Injection Technique 
Suspend – Inject – Resume 
Executable injection
Code Injection Technique 
Suspend – Inject – Resume 
Executable injection
„Man-in-the-browser“
ZBERP 
„Man-in-the-browser“
Key Take-aways 
How to Stay Safe
Critical Questions 
Zeus first appeared in 2007 – 
why are its derivates still so successful? 
What is compromised on an infected machine? 
How can mitigation be achieved?
Zeus‘ Success 
Modularity. 
Flexibility. 
Persistence.
Potential Data Loss 
Digital Identities 
Critical Browser Data 
Media 
Sensitive Documents 
Anything the botnet 
operator desires!
Conclusions 
o Don’t underestimate Zeus and its 
descendants. 
o Check for presence of unfamiliar network 
callbacks. 
o Use a professional grade APT solution to 
detect these Trojans.
Q and A 
o Information sharing and 
advanced threats resources 
o Blogs on latest threats and 
findings 
o Tools for identifying malware
Thank You!
Malware's most wanted-zberp-the_financial_trojan

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