receiving-money
FBI Says ‘Money Mule’ Scams Now Top $100 Million
The hackers looting bank accounts of small and mid-sized businesses around the county are hitting new victims every week, and have now racked up approximately $100 million in attempted losses, the FBI said Tuesday. “The infection vector has not been determined in every case,” the bureau’s Internet Crime Complaint Center wrote in an intelligence note on the growing scam. “However, FBI analysis has identified more than two dozen different pieces of malware on the compromised account holders’ computers all containing key loggers.” Using these Trojan horses, cybercrooks have been intercepting victims’ web-banking credentials and then initiating money transfers to mules around the country.
Continue reading »FDIC to Banks: Watch for ‘Money Mules’ Duped by Hackers
Bank customers are increasingly being duped into acting as “money mules” for hackers, unwittingly laundering cash stolen from business bank accounts, the Federal Deposit Insurance Corporation warned the nation’s financial institutions on Thursday. Using specialized Trojan horse malware , cyber crooks have been intercepting web banking credentials from the computers of small and midsized businesses, and then initiating wire transfers to mules around the country. The mules are consumers who’ve been lured into fake work-at-home scams, in which their employment involves receiving money transfers and then forwarding the funds to Eastern Europe, directly or through other mules.
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