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IBM Uncovers New, Sophisticated Bank Transfer Cyber Scam
From: InfoSec News <alerts () infosecnews org>
Date: Fri, 3 Apr 2015 09:12:30 +0000 (UTC)
https://recode.net/2015/04/02/ibm-uncovers-new-sophisticated-bank-transfer-cyber-scam/ By Bill Rigby Reuters.com April 2, 2015IBM has uncovered a sophisticated fraud scheme run by a well-funded Eastern European gang of cyber criminals that uses a combination of phishing, malware and phone calls that the technology company says has netted more than $1 million from large and medium-sized U.S. companies.
The scheme, which IBM security researchers have dubbed “The Dyre Wolf,” is small in comparison with more recent widespread online fraud schemes but represents a new level of sophistication.
According to IBM, since last year the attackers have been targeting people working in companies by sending spam email with unsafe attachments to get a variant of the malware known as Dyre into as many computers as possible.
If installed, the malware waits until it recognizes that the user is navigating to a bank website and instantly creates a fake screen telling the user that the bank’s site is having problems and to call a certain number.
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