Computer virus drains millions from bank accounts

Attackers e-mailed out malware that captured victims’ user names and passwords as they logged in to online bank accounts. Almost $4 million was stolen from victims throughout the U.S.More than 60 people are charged in the schemes, which used infected e-mail. A modern “bank heist does not require a gun, a mask, a note or a getaway car,” one official says.”The modern, high-tech bank heist does not require a gun, a mask, a note or a getaway car,” U.S. Atty. Preet Bharara said. “It requires only the Internet and ingenuity. And it can be accomplished in the blink of an eye, with just a click of the mouse.”
http://www.latimes.com/business/la-fi-cyber-scam-20101001,0,4882844.storyAlso see:More than 100 arrests, as FBI uncovers cyber crime ring
The FBI says it has cracked a major international cyber crime network after more than 90 suspected members of the ring were arrested in the US.The suspects worked as so-called mules for fraudsters based in Eastern Europe who hacked into US computers to steal around $70m.More people were detained in Ukraine and the UK, local police said.The FBI said the arrests were part of “one of the largest cyber criminal cases we have ever investigated”.
http://www.bbc.co.uk/news/world-us-canada-11457611Cyber Banking Fraud: Global Partnerships Lead to Major Arrests [news release]
The cyber thieves were smart. Instead of targeting corporations and large banks that had state-of-the-art online security, they went after the accounts of medium-sized companies, towns, and even churches. Before they were caught, members of the theft ring managed to steal $70 million.Today, with our law enforcement partners in the United States, the United Kingdom, Ukraine, and the Netherlands, we announce the execution of numerous arrests and search warrants in multiple countries in one of the largest cyber criminal cases we have ever investigated.
http://www.fbi.gov/page2/oct10/cyber_100110.html$70 million cyber crime exposed by US and European police
Law enforcement agencies in the US and Europe are tracking down international cyber criminals who stole $70 million (£44 million) by using a computer virus that captured passwords and account details.The US Federal Bureau of Investigation said Operation Trident Breach began in May 2009 when agents in Nebraska, were alerted to some of the stolen money, which was flowing in bulk payments to 46 bank accounts around the United States.
www.telegraph.co.uk/news/worldnews/europe/ukraine/8038233/70-million-cyber-crime-exposed-by-US-and-European-police.htmlFBI says cyber-thieves stole $70 million [AP]
The FBI and law enforcement agencies in Ukraine, the Netherlands and Britain are tracking down international cyber criminals who stole $70 million by using malicious software that captured passwords and account numbers to log onto online bank accounts.At a press briefing Friday, the FBI said Operation Trident Breach began in May 2009 when agents in Omaha, Nebraska, were alerted to some of the stolen money, which was flowing in bulk payments to 46 bank accounts around the United States.
http://news.theage.com.au/breaking-news-technology/fbi-says-cyberthieves-stole-70-million-20101002-161ff.html
http://news.smh.com.au/breaking-news-technology/fbi-says-cyberthieves-stole-70-million-20101002-161ff.html

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.