Feeds

Fraudsters add IM to phishing attacks

Hi! What's your mother's maiden name?

Providing a secure and efficient Helpdesk

Fraudsters have begun experimenting with introducing IM chats to phishing attacks.

Conmen are trialling the inclusion of IM features into fraudulent e-banking websites. The tactic is designed to trick prospective marks into handing over the answers to secret security questions, thereby giving cybercrims an increased ability to loot compromised accounts.

The so-called "chat-in-the-middle" fraud tactic was discovered by security researchers at RSA in one isolated case involving a US bank, suggesting it's currently at the prototype stage.

RSA explains that fraudsters pose as a representative of a targeted bank’s fraud department during a Live Chat session designed to trick the unwary into disclosing their names, address, phone number and other sensitive information.

Dancho Danchev, an independent security consultant and cyber threats analyst, suggests the service might be combined with multilingual on demand social engineering over the phone services available in underground cybercrime forums for around $9 a call.

The value of a compromised online banking account varies widely, but a recent edition of Symantec's Internet Threat Report suggests that compromised online bank credentials can sell for as much as $1,000, making the investment and trouble of establishing an elaborate polyglot cybercrime call centre potentially worthwhile.

If nothing else, the "Chat-in-the-Middle" approach illustrates once again that cybercrime tactics are becoming increasingly sophisticated, with tech-savvy fraudsters quick to apply the business practices of legitimate organisations to their own illicit activities. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Shellshock: 'Larger scale attack' on its way, warn securo-bods
Not just web servers under threat - though TENS of THOUSANDS have been hit
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
Hackers thrash Bash Shellshock bug: World races to cover hole
Update your gear now to avoid early attacks hitting the web
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Who.is does the Harlem Shake
Blame it on LOLing XSS terroristas
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.