Feeds

Fraudsters add IM to phishing attacks

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

Boost IT visibility and business value

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. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
Microsoft: We plan to CLEAN UP this here Windows Store town
Paid-for apps that provide free downloads? Really
Snowden on NSA's MonsterMind TERROR: It may trigger cyberwar
Plus: Syria's internet going down? That was a US cock-up
Who needs hackers? 'Password1' opens a third of all biz doors
GPU-powered pen test yields more bad news about defences and passwords
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Hear ye, young cyber warriors of the realm: GCHQ wants you
Get involved, get a job and then never discuss work ever again
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
prev story

Whitepapers

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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
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?