Finjan, a popular security firm has submitted a report about an online bank theft that took place in German online banks. The amount of theft is still more surprising. They have stolen 300,000 Euros (£269,000) in 22 days. The gang has been identified to be operating from a Ukrainian server and they have used a highly sophisticated malware that has done the theft in an unknown way by overtaking the banks’ anti-fraud systems. This malware has even forged the banks’ accounts so that the theft made is kept unknown. This attack over these banks has been taken place in the month of August.
The gang is reported to have recruited many innocent job seekers for performing this unidentifiable theft. They have also employed the money mules so that they are not being easily tracked down. They have initially spread their Trojan into many systems through their fake websites. With the command from the server from Ukraine, these Trojans were used to fetch the details of the account holders and then their code is being installed in the system. With that information, command will be sent regarding how much to withdraw from the account. The thieves were also careful to withdraw a nominal amount from each account so that the theft is not identified easily.
You’d think that people would finally be wising up to online crime but obviously not. Suppose the criminals are getting better and better at covering thier tracks.