Cyber Risks · Krebs on Security

DDoS Attacks Spell ‘Gameover’ for Banks, Victims in Cyber Heists

Summary: The FBI warned in November 2011 that criminals using a modified ZeuS Trojan called "Gameover" were launching DDoS attacks against banks and their customers as a diversion while wiring money out of corporate accounts. The malware spread through spam posing as NACHA notices, and Arbor Networks' Jose Nazario said recent attacks used "Dirt Jumper" or "Russkill" botnets, with some stolen wires sent to high-end jewelers where money mules collected the merchandise.

What's compelling: The FBI advisory states the DDoS is meant to deflect attention from wire transfers and prevent victims from reversing them, and organizations that bank online are liable for losses from this fraud.

Read the original at Krebs on Security ↗

Topics
Malware
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