Tuesday, June 26, 2012

The New Crime Wave

Automatic Bank Robbers Making A Killing -- Tech Eye

Don't even need a mask or a shooter just pray to Zeus

The days of masked robbers walking into a bank with a sawn off shotgun have gone the way of the Highwayman.

According to Reuters, a new wave of automated hacking of online bank accounts has lifted $78 million in the past year from customers in Europe, Latin America and the United States.

Insecurity experts working for McAfee and Guardian Analytics said that the weapon of choice is no longer a shooter but one of two families of existing malicious software, Zeus and SpyEye.

Previous versions of the software automate the transfer of funds to money mule accounts controlled by mates.

Read more ....

My Comment: $78 million may not seem much .... but I suspect that this is just the beginning and that this crime will grow exponentially with time.

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