Bank victim of cybercrime
Narayanan R
Bank victim of cybercrime
January 22, 2007
The crime could be the biggest payout thieves have scored over the Internet. Nordea, a Swedish bank, lost the sum of $1.1 million in increments, spread across the accounts of some 250 customers.
The basics of the crime:
• The criminals developed a tailor-made Trojan which was sent to the bank's customers disguised as a spam fighting application
• Once the customers downloaded the application, they were infected by the Trojan haxdoor.ki
• The haxdoor Trojan was modified to specifically target that bank
• The Trojan activated when people logged into their online banking account, allowing the criminals to gather passwords and transfer money from their accounts
• The attack has been traced to servers in Russia indicating that organized Russian criminals are behind this.
Regards,
Narayanan.R
Asian School of Cyber Laws