Cyber Risks · Krebs on Security

Cyber Thieves Rob Treasury Credit Union

Summary: Organized cyber thieves stole more than $100,000 from Treasury Credit Union in Salt Lake City after infecting a bank employee's Windows computer with a Trojan that captured online login credentials, then made at least 70 transfers before the fraud was stopped. Many transfers were under $5,000 and went to money mules recruited through work-at-home schemes, some of whom wired the cash overseas to Ukraine before telling their banks they may have committed fraud.

What's compelling: The bank's Symantec Norton Antivirus did not detect the infection before the unauthorized transfers, and the FBI is investigating a case where the compromised entity was the bank itself rather than a business customer.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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