Feeds

Russian phishers loot $500K in two-year hacking spree

Turkish banking customers target in long-running scam

The Power of One eBook: Top reasons to choose HP BladeSystem

A pair of Russian hackers looted more than $500,000 from Turkish bank accounts during the course of a Trojan-powered two year hacking spree.

One of the unidentified perps is on remand following his arrest on fraud charges in June while the other remains at large, Russian Interior Ministry investigators told the RIA Novsoti wire service on Monday. The scam is thought to be one of the longest-running of its type anywhere in the world.

The hackers, thought to be from Togliatti, a city on River Volga, are reckoned to have purchased a dedicated server with remote access to a desktop hosted in a US data centre. Using a customised RATsystem (Remote Administration Trojan) application, the duo reportedly infected bank customers' PCs, allowing them to swipe the login credentials of online banking customers.

Middlemen (phishing mules) were then recruited to send the pair an estimated $508,000 via 265 money transfers between February 2005 and April 2007. These Turkish accomplices took a cut of money raided from compromised bank accounts, prior to transferring the remainder to Togliatti via Western Union. ®

Designing a Defense for Mobile Applications

More from The Register

next story
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
Putin: Crack Tor for me and I'll make you a MILLIONAIRE
Russian Interior Ministry offers big pile o' roubles for busting pro-privacy browser
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.