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8/11/10

Eastern European cyber criminals 'draining British bank accounts' by Heidi Blake

Eastern European cyber criminals are using sophisticated computer viruses to drain the accounts of thousands of British banking customers,internet security experts have said.

A new version the notorious “Zeus” virus, which cannot be detected by traditional firewalls, has stolen £675,000 from about 3,000 online customers of a British bank, the experts claimed. The funds have been transferred out of the online accounts, which are held by businesses and individuals, since early July.

The Zeus virus, which targets online bank accounts, first emerged three years ago.
The new version, “Zeus v3”, not only collects users’ logins, passwords and bank details – it is also capable of transferring money out of the compromised accounts. Bradley Anstis, vice president of technical strategy at M86, told The Times: “This is an extremely sophisticated version of the virus and it cannot be detected by traditional security software”.

For more: Eastern European cyber criminals 'draining British bank accounts' - Telegraph

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