According to an amended complaint filed last week in U.S. District Court in Brooklyn, Microsoft has named two defendants in its Zeus civil lawsuit who previously were listed as "John Does." They currently are in prison.
A 22-year-old, accused of using modified versions of the Carberp banking trojan to steal login details and digital signatures from compromised computers, was apprehended in Russia.
Financially minded cyber criminals are attempting to hijack corporate bank accounts at increasing rates, but they are finding less luck in actually getting money out of them, a new study shows.
A couple from New York state is seeking class-action status for a lawsuit against Citigroup, alleging that the third-largest U.S. bank has "taken no steps" to protect victims in the wake of a massive data breach, according to reports. Citi admitted in June that 360,083 accounts - about 1.5 percent of its card customer base - were compromised in the attack, in which hackers infiltrated the online banking platform, Citi Account Online, and viewed customer account numbers and contact information.The plaintiffs, Kristina and Steven Orman of Northport, N.Y., filed the suit on Friday in response to fraudsters allegedly charging their credit cards and stealing money from their bank accounts.
Stealing data from military rosters posted on peer-to-peer (P2P) servers has led to a six-year sentence in federal prison for a California man, according to reports. Gathering personally identifiable information on 16,000 military members from an account belonging to the U.S. Army and Air Force Exchange Services (AAFES), Rene Quimby, 42, parlayed the data and used social engineering tactics to obtain further information from the site's support staff. He then used the credentials to order merchandise from an online store, which he then sold for profit. A judge also ordered him to pay $210,000 to the AAFES.
April 01, 2011
Corporate account takeover remains prevalent, resulting in $87.5 million in losses last year. But all banks can strive to prevent it, while staying within budget, says Rudy Wolfs of ING Direct.
