Feeds

Man on trial over £600k NatWest phishing scam

Mule in the middle attack

The essential guide to IT transformation

Fraudsters used a sophisticated Trojan to steal online bank login credentials from the compromised PCs of their victims, London's Southwark Crown Court heard on Tuesday.

The malware redirected surfers to a counterfeit NatWest bank website that attempted to trick prospective marks into handing over telephone numbers, passwords, and bank card PINs under the guise of security checks.

Dominic Connolly, prosecuting, explained the Trojan used by the cybercrooks allowed customers to continue to carry out normal bank transactions while surreptitiously transferring funds to accounts maintained by local money mules, the Daily Mail reports.

Local intermediaries were used to loot the compromised accounts of UK victims, raiding an estimated £600,000 from the accounts of 138 NatWest customers in the process. The bank has since recovered £140,000 of these losses.

A police investigation led to the arrest of Uzbek national Azim Rahmanov from Deptford, south-east London. Rahmanov, 24, denies charges of conspiracy to defraud and transferring criminal property. Others implicated in the case, including Rahmanov's 25-year-old brother Azamet, have pleaded guilty to various offences.

The case, which is expected to run for about two weeks, continues. ®

Next gen security for virtualised datacentres

More from The Register

next story
Rupert Murdoch says Google is worse than the NSA
Mr Burns vs. The Chocolate Factory, round three!
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Germany 'accidentally' snooped on John Kerry and Hillary Clinton
Dragnet surveillance picks up EVERYTHING, USA, m'kay?
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
Think crypto hides you from spooks on Facebook? THINK AGAIN
Traffic fingerprints reveal all, say boffins
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
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.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.