KFTC uncovers massive hacking scheme to steal accredited certificates

[InfoSec News <alerts () infosecnews org>]

http://nwww.koreaherald.com/view.php?ud=20130211000209

The Korea Herald
2013-02-11

South Korea's financial authority said Monday it has uncovered a large-scale 
hacking scheme that resulted in the theft of personal financial transaction 
information of hundreds of bank clients.

 According to the Korea Financial Telecommunications and Clearings Institute 
(KFTC), a group of hackers allegedly stole a total of 461 authenticated 
certificates, in an apparent bid to withdraw cash from victims' bank accounts.

The KFTC, which settles financial transactions among individuals, said it 
reported the case to local banks after immediately discarding authenticated 
certificates to prevent massive financial chaos.

Authenticated certificates refer to electronic methods of identification issued 
by authorities for financial transactions including online banking, tax 
payments, and stock trades.

The KFTC said hackers used the so-called "pharming" method, which involves 
inducing victims to log on to fabricated home pages of local banks, resulting 
in information leakage.

[...]


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