FUTURE PRIMATE

Massive bank cyberattack planned

Massive bank cyberattack planned

McAfee’s research upheld an October report from RSA, the security wing of IT giant EMC Corp (EMCFortune 500).

RSA startled the security world with its announcement that a gang of cybercriminals had developed a sophisticated Trojan aimed at funneling money out of bank accounts from Chase (JPMFortune 500),Citibank (CFortune 500), Wells Fargo (WFC,Fortune 500), eBay (EBAYFortune 500) subsidiary PayPal and dozens of other large banks. Known as “Project Blitzkrieg,” the plan has been successfully tested on at least 300 guinea pig bank accounts in the United States, and the crime ring had plans to launch its attack in full force in the spring of 2013, according to McAfee, a unit of Intel (INTCFortune 500). (McAfee was founded by John McAfee, who is wanted for questioning as part of a Belize murder investigation, but he no longer has any ties to the company.)

Project Blitzkrieg began with a massive cybercriminal recruiting campaign, promising each recruit of a share of the stolen funds in exchange for their hacking ability and busywork. With the backing of two Russian cybercriminals, including a prominent cyber mafia leader nicknamed “NSD,” the recruits were tasked with infecting U.S. computers with a particular strain of malware, cloning the computers, entering stolen usernames and passwords, and transferring funds out of those users’ accounts.

This entry was published on December 14, 2012 at 11:40 pm. It’s filed under Politics and tagged . Bookmark the permalink. Follow any comments here with the RSS feed for this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: