Feeds

Finnish police close case on phishing Trojan gang

Baltic sprats

SANS - Survey on application security programs

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. ®

Combat fraud and increase customer satisfaction

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
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
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
NSA denies it knew about and USED Heartbleed encryption flaw for TWO YEARS
Agency forgets it exists to protect communications, not just spy on them
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.