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What is ZeuS Panda?
ZeuS Panda is a high-risk trojan. Its main purpose is to record users' bank account credentials. This malware is distributed in various ways, including spam email campaigns (e.g., "Electronic Intuit Email Virus"), fake Adobe Flash Player updaters, and fake pop-up errors (e.g., "The HoeflerText Font Wasn't Found").
In some cases, the presence of adware-type applications can also lead to ZeuS Panda infiltration, since some adware delivers fake pop-up errors.

ZeuS Panda malware overview
As mentioned above, ZeuS Panda is mainly designed to gather bank account credentials (logins/passwords). The trojan hijacks various bank (and online-payment-related) websites and modifies the contents so that entered logins/passwords are saved to a remote server.
This behavior can lead to significant financial loss, since cyber criminals can misuse hijacked accounts through online purchases, money transfers, and so on. ZeuS Panda is also capable of performing other malicious tasks, including information tracking - ZeuS Panda can take screenshots and copy the information saved in the clipboard.
In addition, ZeuS Panda provides developers with remote access to infected machines using Virtual Network Computing (VNC). Developers can easily take advantage and cause further system infections (e.g., infiltrate ransomware, cryptominers, etc.).
Therefore, the presence of ZeuS Panda can lead to permanent data loss and a significant reduction in overall system performance. In summary, ZeuS Panda is a very dangerous virus and must be eliminated as soon as possible. Note that this malware is very good at hiding its traces.
It does, however, run a process that can be found in Windows Task Manager (the process name is blank). Therefore, if you have recently opened dubious email attachments or installed suspicious applications, and find a random process in Windows Task Manager, immediately run a full system scan with a reputable anti-virus/anti-spyware suite and eliminate all threats.
| Name | ZeuS Panda virus |
| Threat Type | Trojan, Password stealing virus, Banking malware, Spyware |
| Symptoms | Trojans are designed to stealthily infiltrate victim's computer and remain silent thus no particular symptoms are clearly visible on an infected machine. |
| Distribution methods | Infected email attachments, malicious online advertisements, social engineering, software cracks. |
| Damage | Stolen banking information, passwords, identity theft, victim's computer added to a botnet. |
| Malware Removal (Windows) |
To eliminate possible malware infections, scan your computer with legitimate antivirus software. Our security researchers recommend using Combo Cleaner. Download Combo CleanerTo use full-featured product, you have to purchase a license for Combo Cleaner. 7 days free trial available. Combo Cleaner is owned and operated by RCS LT, the parent company of PCRisk.com. |
Similar malware examples
ZeuS Panda shares similarities with Emotet, TrickBot, LokiBot, FormBook, and dozens of other trojan-type viruses. Their behavior might be different (some record information, others cause chain infections, etc.), but all pose a direct thread to your privacy and computer safety. Therefore, you should eliminate these threats immediately.
How did ZeuS Panda infiltrate my computer?
ZeuS Panda is distributed in various ways, including spam email campaigns, fake software updaters, and fake error messages. Spam campaigns distribute malicious attachments (in most cases, MS Office documents) that, once opened, stealthily download and install malware.
Fake software updaters infect the system by exploiting outdated software bugs/flaws or simply downloading and installing malware rather than updates.
Fake error messages claim that the system is damaged (e.g., infected, missing files, etc.) and encourage users to download various files/software that will fix all errors. In any case, lack of knowledge and careless behavior by some users, often leads to system infections.
How to avoid installation of malware?
The key to computer safety is caution. Therefore, pay attention when browsing the internet and downloading/installing/updating software. Think twice before opening email attachments. Files that are irrelevant and those received from suspicious/unrecognizable emails should never be opened.
Furthermore, download software from official sources only (using direct download links). Third party downloaders/installers often include rogue apps, and thus these tools should never be used. The same applies to software updates. Keep installed applications and operating systems updated.
To achieve this, however, employ implemented features or tools provided by the official developer. Having a reputable anti-virus/anti-spyware suite installed and running at all times is also essential, since these tools can detect and eliminate malware before it does any damage.
If you believe that your computer is already infected, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate infiltrated malware.
Emails that distribute malicious attachments proliferating Zeus Panda:
Malicious attachments distributing ZeuS Panda:
How to remove malware manually?
Most trojan infections can be removed by running a full system scan with Combo Cleaner. The full manual procedure below is for cases where automatic removal failed, where you want to verify a scan caught everything, or where the threat has multiple persistence points.
Disconnect from the network
Unplug your Ethernet cable and turn off Wi-Fi. If you're on a laptop, the airplane-mode key works fastest.
Many trojans exfiltrate data - saved browser passwords, banking sessions, screenshots - and accept remote commands. Cutting the network stops both immediately. Keep it disconnected until Phase 4.
Boot into Safe Mode with Networking
Safe Mode loads a minimal set of drivers and stops most malware from auto-running. "With Networking" lets you download tools - re-enable Wi-Fi only after you've booted in.
Open . Click Restart now next to Advanced startup.
Your computer will restart into the "Choose an option" menu. Click . After the second reboot, press 5 or F5.
Click the Windows logo, hold Shift, click the Power icon and choose Restart. In the Choose an option screen, click . Press F5.
Windows 8
Go to the Start Screen, type Advanced, select Settings → Advanced startup options → Restart now → Troubleshoot → Advanced options → Startup settings → Restart → F5.
Note: Windows 8 reached end-of-life in January 2023 - running on it puts you at much higher risk of reinfection.
Windows 7
Click Start → Shut Down → Restart → OK. As the system boots, press F8 repeatedly until the Windows Advanced Options menu appears, then choose Safe Mode with Networking.
Note: Windows 7 reached end-of-life in January 2020 - running on it puts you at much higher risk of reinfection.
Inspect running processes with Process Explorer
Download Process Explorer from Microsoft Sysinternals. Run it as Administrator. Click and .
Sort by "Verified Signer." Anything unsigned running from %AppData%, %LocalAppData%, %Temp%, or %ProgramData% is suspicious. Right-click → Properties to see the full image path. Right-click → "Search Online" to look up unfamiliar process names.
Task Manager hides full file paths, doesn't show digital signatures, and groups processes in ways that make malware easy to miss. Process Explorer is the same tool Microsoft engineers use.
Map every persistence point with Autoruns
Download Autoruns. Right-click Autoruns.exe and choose Run as administrator - without elevation, Autoruns can't inspect protected registry hives.
In the menu, open and , then click Refresh.
Modern trojans don't just live in startup. Walk through these tabs and look for unsigned or unfamiliar entries:
- Logon - classic Run/RunOnce keys
- Scheduled Tasks - frequent hiding spot, especially tasks with PowerShell, MSHTA, or rundll32 actions
- Services - unsigned services in non-Microsoft folders
- WMI - Event Subscriptions are a stealthy persistence mechanism (MITRE T1546.003)
- Image Hijacks - Image File Execution Options "Debugger" abuse
- AppInit - DLLs loaded into every GUI process
- Browser plug-ins - unsigned add-ons across all installed browsers
Right-click any suspicious entry → "Jump to Image" to see the actual file. Right-click → "Search Online" opens VirusTotal for the file hash. Don't delete yet - just write down the file paths and entry names. We'll remove them after the scans.
Check the hosts file and DNS settings
Trojans often redirect bank, antivirus, and update domains to attacker-controlled servers by editing the hosts file or DNS settings.
Hosts file: Open Notepad as Administrator and open C:\Windows\System32\drivers\etc\hosts. Legitimate entries are commented with #. Any uncommented IP-to-domain mapping is suspicious - especially redirects for microsoft.com, windowsupdate, or your bank.
DNS settings: Open Command Prompt as Administrator and run ipconfig /all. Confirm your DNS servers point to your ISP, your router, or a known public resolver (Cloudflare 1.1.1.1, Google 8.8.8.8). Then open and verify both DNS and DNS over HTTPS (DoH) settings haven't been hijacked.
A clean PC with hijacked DNS is still a compromised PC. You'll think you're at chase.com and you'll be at the attacker's clone.
No single antivirus catches everything. The order below is intentional: offline scan first (catches rootkits before Windows fully loads), then on-demand scanners on the running system, then manual cleanup of anything they missed.
Run Microsoft Defender Offline
Reboot to normal Windows. Open . Select Microsoft Defender Antivirus (offline scan) and click Scan now. Your computer will restart into a stripped-down environment and scan before the full operating system loads.
Rootkits and bootkits hide from any scanner running on the same Windows session that's already infected. A pre-boot offline scan sees the disk before the malware can hide itself.
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Download Combo CleanerRun Combo Cleaner full system scan
Install Combo Cleaner and run a full system scan (not the quick scan). Let it complete fully, review the detected threats, and apply the recommended actions. Combo Cleaner will quarantine known trojans and registry persistence.
Run Microsoft Safety Scanner as a second-opinion scan
Download Microsoft Safety Scanner (MSERT.exe), Microsoft's free on-demand tool. The binary expires every 10 days, which means every download has the latest signatures. Run a full scan after Combo Cleaner to catch anything one engine alone might miss.
Different scanning engines catch different threats. Running an additional Microsoft scan after Combo Cleaner is the single most underused verification step in malware removal.
Manually remove anything still listed in Autoruns
Reopen Autoruns. Anything you flagged in Step 4 that's still present hasn't been caught by the automated scans. For each remaining suspicious entry: right-click → Delete in Autoruns (this removes the persistence registration), then navigate to the file path and delete the actual file. Empty the Recycle Bin.
Some malware files reappear after deletion because something else on the system recreates them. If you delete a file and it returns within minutes, you have a remaining persistence point that Autoruns didn't show - usually a service or scheduled task running under SYSTEM. Re-run the scans from Steps 6-8 or proceed to a clean install (see end of guide).
Reset browsers and clear notification permissions
Trojans and adware frequently hijack browsers - change the default search engine, install rogue extensions, or grant themselves notification permissions to keep displaying scam pop-ups even after the malware is gone.
- Chrome: visit
chrome://settings/resetand click "Restore settings to their original defaults." Then visitchrome://settings/content/notificationsand remove any unfamiliar sites. - Edge: visit
edge://settings/reset. Then checkedge://settings/content/notifications. - Firefox: open
about:supportand click Refresh Firefox (Firefox uses "Refresh," not "Reset"). Then check Settings → Privacy & Security → Permissions → Notifications.
Review installed extensions in each browser and remove anything you don't recognize, especially extensions you didn't install yourself.
Re-enable Defender, Tamper Protection, and update everything
Many trojans disable security software. Open and confirm Real-time protection, Cloud-delivered protection, and Tamper Protection are all turned on. Tamper Protection prevents malware from disabling Defender silently.
Then run Windows Update () and update your browsers and applications. The infection vector that let the trojan in originally usually involves outdated software.
Change passwords from a clean device
If the trojan was an info-stealer (Lumma, RedLine, Vidar, and similar are extremely common), assume every password saved in your browser is compromised. Change them from a different, known-clean device - your phone is fine if it's not infected.
Recommended order:
- Primary email first - it's the recovery hub for everything else
- Banking and financial accounts
- Password manager master password (if you use one)
- Social media, shopping, and remaining accounts
Where available, enable phishing-resistant multi-factor authentication (passkeys / FIDO2 hardware keys / authenticator apps) - SMS-based MFA is bypassable by sophisticated attackers.
Verify the clean and monitor for 7 days
Reconnect to the network and run one final full scan with Combo Cleaner. Open Task Manager (Ctrl + Shift + Esc) and switch to the Startup apps tab - confirm nothing suspicious has reappeared.
Over the next 7 days, watch for symptom recurrence: unexpected high CPU usage, unknown processes returning, browser redirects, or pop-ups. If anything returns, you missed a persistence point and the procedure needs to be repeated - or you may have a deeper compromise that requires a clean install.
When to clean install Windows instead
Manual removal isn't always the right answer. Reinstalling Windows from scratch is the only way to be 100% certain when:
- The malware reappears after every removal attempt
- A bootkit or UEFI rootkit was detected (this class of threat sits below the operating system and survives a normal Windows reinstall)
- A confirmed credential-theft trojan ran with administrator privileges (Lumma, RedLine, Vidar) - the system likely has multiple unknown payloads
- The PC is used for online banking, business email, or anything where partial doubt isn't acceptable
A clean install is a 30-60 minute process: Windows 11 reinstall via . Back up documents to external storage first, scan the backup with Combo Cleaner before restoring it, and reinstall applications fresh - never restore them from a backup of the infected system.
Important: Manual removal requires advanced computer skills. If you're not confident identifying system files from malicious files, run an automated scan with Combo Cleaner and Windows Defender and stop there - that path catches the vast majority of consumer trojans without the risk of breaking Windows by deleting the wrong file.
Frequently Asked Questions (FAQ)
My computer is infected with ZeuS Panda malware, should I format my storage device to get rid of it?
In most cases, malware removal does not require formatting.
What are the biggest issues that ZeuS Panda malware can cause?
The threats associated with an infection depend on the malware's abilities and the cyber criminals' aims. ZeuS Panda is a trojan that heavily targets banking information and can download/install additional malware. Generally, the presence of software like ZeuS Panda on devices can lead to multiple system infections, severe privacy issues, significant financial losses, and identity theft.
What is the purpose of ZeuS Panda malware?
Malware is typically used to generate revenue, which is consistent with ZeuS Panda's functionalities. However, malicious programs can also be used to amuse the attackers, carry out personal grudges, disrupt processes (e.g., websites, services, providers, etc.), and even launch politically/geopolitically motivated attacks.
How did ZeuS Panda malware infiltrate my computer?
ZeuS Panda has been observed being spread via malicious attachments in spam emails. However, this malware could be distributed using other techniques aside from spam mail.
Other common distribution methods include: drive-by downloads, online scams, malvertising, dubious download sources (e.g., freeware and third-party sites, P2P sharing networks, etc.), illegal software activation tools ("cracks"), and fake updates. Furthermore, some malicious programs can self-spread via local networks and removable storage devices.
Will Combo Cleaner protect me from malware?
Yes, Combo Cleaner can detect and eliminate nearly all known malware infections. It must be stressed that since high-end malicious software tends to hide deep within systems – performing a full system scan is a must.
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Tomas Meskauskas
Expert security researcher, professional malware analyst
I am passionate about computer security and technology. I have an experience of over 10 years working in various companies related to computer technical issue solving and Internet security. I have been working as an author and editor for pcrisk.com since 2010. Follow me on Twitter and LinkedIn to stay informed about the latest online security threats.
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