Feeds

Scumbags get sneaky with new self-robbery trojan

Can't be bothered to steal your cash themselves

Build a business case: developing custom apps

Malware-peddling scumbags have developed a particularly sneaky banking Trojan that attempts to trick victims into transferring funds into bank accounts controlled by cybercrooks or their partners.

The Trojan generates a fake message at the point victims log into their bank account warning them of a mistaken credit to their accounts that supposedly needs to be reversed in order to unfreeze that account. The malware falsely inflates displayed account balances on infected machines in order to make the ploy more plausible.

Victims are offered a pre-filed online transfer form in order to make it more likely they will quickly comply with the fraudulent transfer request, security blogger Brian Krebs reports.

It's unclear how many have fallen victim to the scam, which first surfaced in in Germany. The German Federal Criminal Police ("Bundeskriminalamt") warned consumers of the con without saying which banks had been targeted or specifying what malware was involved.

Previous banking Trojans, such as the URL Zone Trojan, have incorporated web injects to display fake balances on infected machines. The latest strain of malware represents an evolution of this ploy.

Time is often of the essence in banking fraud and it may be that tricking victims into transferring funds themselves instead of relying on money mules to raid compromised accounts offers fraudsters the ability to loot accounts more quickly, before compromised accounts are suspended or login credentials are changed. ®

The essential guide to IT transformation

More from The Register

next story
Rupert Murdoch says Google is worse than the NSA
Mr Burns vs. The Chocolate Factory, round three!
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
Know what Ferguson city needs right now? It's not Anonymous doxing random people
U-turn on vow to identify killer cop after fingering wrong bloke
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
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.