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Netflash: FBI warns of $100M cyber-threat to small business
Sunbelt Blog: FBI investigates $100 million in losses from spear phishing
eWeek - RSS Feeds: FBI: Online Banking Attacks Reach $100 Million Mark
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Fraudulent Automated Clearing House (ACH) Transfers Connected To Malware And Work-At-Home Scams http://bit.ly/1goBPC 28 days ago |
FBI warns of $100M cyber-threat to small business
Netflash —
... could move them overseas. Once the money is out of the country, it is gone for good. Criminals prefer smaller organizations such as school boards because they tend to work with smaller regional banks that may not have the fraud detection controls in place to stop these fake ACH transfers. These organizations often publish contact information for financial personnel, or even organizational charts posted to their Web sites, making them easy pickings for fraudsters. According to a report by the FBI's Internet Crime Complaint Center (IC3), banks and financial service providers ...
FBI investigates $100 million in losses from spear phishing
Sunbelt Blog —
... evolving malicious code environment and the prevalence of custom-designed, signature-defeating malicious code. “Consequently, an approach not fully dependent on those systems must be considered, with particular emphasis on user privilege reduction, application white listing (only allowing known software and libraries to execute on a system), and heuristic detection.” VIPRE MX-V technology can cover you on the “heuristic detection” front. FBI Intelligence Note here. Tom Kelchner ...
FBI: Online Banking Attacks Reach $100 Million Mark
eWeek - RSS Feeds —
... another user account with the stolen data and begin transferring funds via traditional wire transfers and ACH transfers while pretending to be the legitimate user. Further reporting has shown that the transfers are directed to the bank accounts of willing or unwitting individuals within the United States , the FBI said. Most of these individuals have been recruited via work-at-home advertisements, or have been contacted after placing resumes on well-known job search websites." A ...
Cyber Speak November 7, 2009
CyberSpeak's Podcast —
... Members use Social Networking Too. IC3 reports increase in compromise of user's online banking credentials target commercial bank accounts ...
FBI Focuses on Huge Losses From Spear Phishing
Security Watch —
The FBI has announced intensified interest in "spear phishing" investigations. These directed attacks, which usually involve malware sent through an e-mail which has been personalized to the target and sent "from:" a spoofed address familiar to the target. So far, approximately $100 million in losses have been reported to such schemes by small- and medium-sized businesses.
The e-mail tricks the user into installing a keylogger from which the attackers glean legitimate banking credentials. They use them carefully, transferring money using the ACH system in amounts below $10,000 ...
