Feeds

Fraudsters add IM to phishing attacks

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

SANS - Survey on application security programs

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. ®

High performance access to file storage

More from The Register

next story
Parent gabfest Mumsnet hit by SSL bug: My heart bleeds, grins hacker
Natter-board tells middle-class Britain to purée its passwords
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.