Feeds

Finnish police close case on phishing Trojan gang

Baltic sprats

Internet Security Threat Report 2014

Updated Finnish police closed on investigation on Tuesday after arresting 17 people suspected of involvement in a banking Trojan scam used to siphon off hundreds of thousands of euros held in accounts with Nordea Bank.

The alleged perpetrators, from Estonia and Finland, attempted to steal €1.2m through a series of over 100 false transactions starting early last year. Almost €178,000 remains missing, according to local reports.

Two of the suspects allegedly used malware to compromise the online banking accounts of 89 banking customers before compromised banking accounts were looted by local phishing fraud accomplices prior to the illicit transfer of funds to the masterminds behind the scheme, in Estonia.

"The Nordea attacks happened in early 2010," said Mikko Hypponen, chief research officer of F-Secure. "Police have finished the investigation now. We are not aware of similar attacks at the moment."

The Nordea Finland case related to the use of the Papras / Gozi strain of Trojan malware, according to Hyponnen, who said the investigation in the case started at the end of 2009 and officially closed on Tuesday. Of the 17 suspects in the case the majority (alleged phishing mules) have been released on bail. The two suspected masterminds in the case (both Estonian nationals) have been held on remand pending a trial, the date of which is yet to be set. ®

Internet Security Threat Report 2014

More from The Register

next story
George Clooney, WikiLeaks' lawyer wife hand out burner phones to wedding guests
Day 4: 'News'-papers STILL rammed with Clooney nuptials
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
PEAK IPV4? Global IPv6 traffic is growing, DDoS dying, says Akamai
First time the cache network has seen drop in use of 32-bit-wide IP addresses
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
Stunned by Shellshock Bash bug? Patch all you can – or be punished
UK data watchdog rolls up its sleeves, polishes truncheon
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.