QakBot, also known as QBot, QuackBot and Pinkslipbot, is a banking Trojan that has existed for over a decade. It was found in the wild in 2007 and since then it has been continually maintained and developed.
In recent years, QakBot has become one of the leading banking Trojans around the globe. Its main purpose is to steal banking credentials (e.g., logins, passwords, etc.), though it has also acquired functionality allowing it to spy on financial operations, spread itself, and install ransomware in order to maximize revenue from compromised organizations.
To this day, QakBot continues to grow in terms of functionality, with even more capabilities and new techniques such as logging keystrokes, a backdoor functionality, and techniques to evade detection. It’s worth mentioning that the latter includes virtual environment detection, regular self-updates and cryptor/packer changes. In addition, QakBot tries to protect itself from being analyzed and debugged by experts and automated tools.