A new version of a notorious virus is being held responsible for stealing banking details from many customers, a security firm has said.M86 Security experts believe criminals in eastern Europe have so far taken around £675,000 from current accounts by using the Zeus virus.The threat was uncovered after the firm looked into the criminals’ command server, where details of all the transactions were logged.Customers may have unwittingly enabled the virus to infiltrate their accounts by clicking on a link to an illegitimate website, which then locates their passwords after they log into their online banking services.Social media platforms are increasingly being used by cybercriminals to effectively spread malware, according to a report published by content security solutions and forensics malware tools provider Norman.It noted that Twitter and Facebook have become the primary targets, as opposed to PC-based systems used in the past.By Ruth Bradshaw
Posts Tagged ‘Security Experts’
Online banking customers ‘face new fraud threat’ – uswitch.com – 11 Aug 2010
August 12th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Banking Services, Bradshaw, Command Server, Content Security Solutions, Criminals, Current Accounts, Cybercriminals, Eastern Europe, Facebook, Forensics, Media Platforms, Online Banking, Online Fraud, Passwords, Security Experts, Security Firm, Targets, Twitter, Virus, Zeus 
Comments OffGSM calls could be hacked within six months – mobileeurope.co.uk – 25 Aug 09
August 27th, 2009 Before You Invest Security experts seem to be taking seriously the threat of hackers cracking standard GSM cell phone encryption.At the recent Hacking at Random (HAR) conference, held from 13-16 August, Karsten Nohl detailed plans for cracking standard GSM cell phone encryption, known as A5/1, and making the results available for anyone to use.
Posted in Finance Fraud Tags: Bransfield, Cell Phone Encryption, Cipher, Confidential Issues, Conspiracy Theories, Corporate Users, Gsm Cell Phone, Har, Holy Grail, Karsten, Mobile Communications Providers, Mobile Europe, Practice Director, Quite Some Time, Risk Management Specialist, Security Experts, Security Services, Stan Schatt, Theoretical Risk, Wireless Lan Industry No Comments »Four million British identities are up for sale on the internet – timesonline.com – 18 Jul 09
July 22nd, 2009 Before You Invest The identities of more than four million Britons are being offered for sale on the internet, The Times has learnt. Highly sensitive financial information, including credit card details, bank account numbers, telephone numbers and even PINs are available to the highest bidder. At least a quarter of a million British bank and credit card accounts have been hacked into by cybercriminals, exposing consumers to huge financial losses.
Posted in Finance Fraud Tags: Bank Account Numbers, Britons, Credit Card Accounts, Credit Card Details, E Mail, Financial Losses, Highest Bidder, Information Commissioner, Intelligence Database, Mail Systems, Military Personnel, Numbers Telephone, Private Companies, Protection Concerns, Public Bodies, Reputable Sources, Security Experts, Single Database, Unsuspecting Victims, User Names No Comments »Man Made $112,000 in Bank Account Hacking Scheme – tech.yahoo.com – 5 Jun 2009
June 24th, 2009 Before You Invest A Hampton, New Hampshire, man has pleaded guilty to fraud charges for his role in a scheme to empty brokerage accounts by installing malicious Trojan horse software on victims’ computers.According to court documents, Alexey Mineev set up several “drop accounts” that were then wired funds stolen from banking and brokerage accounts between July and December 2007.
Posted in Finance Fraud, Hacking Tags: Account Numbers, Brokerage Accounts, Brokerage Firms, Conspirator, Department Of Justic, Fraud Charges, Hampshire Man, Hampton New Hampshire, Horse Software, International Criminals, Judge Paul, Malicious Programs, Mike Ruocco, Money Tomorrow, Security Experts, Security Patches, Southern District Of New York, Trojan Horse, Unwitting Participants, Video Codecs, Western Union No Comments »Man made $112,000 in bank account hacking scheme – Computerworld.com – 5 Jun 2009
June 7th, 2009 Before You Invest IDG News Service – A Hampton, New Hampshire, man has pleaded guilty to fraud charges for his role in a scheme to empty brokerage accounts by installing malicious Trojan horse software on victims’ computers.According to court documents, Alexey Mineev set up several “drop accounts” that were then wired funds stolen from banking and brokerage accounts between July and December 2007.
Posted in Finance Fraud, Hacking Tags: Account Numbers, Brokerage Accounts, Brokerage Firms, Conspirator, Depa, Fraud Charges, Hampshire Man, Hampton New Hampshire, Horse Software, International Criminals, Judge Paul, Malicious Programs, Mike Ruocco, Money Tomorrow, Security Experts, Security Patches, Southern District Of New York, Trojan Horse, Unwitting Participants, Video Codecs, Western Union No Comments »
