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Cybercrooks increasingly target small business accounts

Fraudsters use online credentials to deplete corporate bank accounts, financial group says

Computerworld - An organization representing more than 15,000 financial institutions has issued a warning about a growing wave of attacks against small banks and businesses by cybercriminals using stolen banking credentials to plunder corporate accounts.  Read More


European Cyber-Gangs Target Small U.S. Firms, Group Says

Washington Post - Organized cyber-gangs in Eastern Europe are increasingly preying on small and mid-size companies in the United States, setting off a multimillion-dollar online crime wave that has begun to worry the nation's largest financial institutions.  Read More


Clampi Trojan stealing online bank data from consumers and businesses

cnet - Hundreds of thousands of Windows computers are believed to be infected with a Trojan called "Clampi" that has been stealing banking and other log-in credentials from compromised PCs since 2007, a security researcher said on the eve of the Black Hat security conference.

When the infected computer is used to access a targeted banking or other site, the log-in and other information is stolen.

"This type of Trojan, banking Trojans in general, are the biggest threat to home computer users and businesses doing banking online," he said. "You can't rely on antivirus. At some point you are going to visit the wrong site and they'll get a Trojan on your computer."  Read More


Trojan attacks up, phishing attacks down this year, IBM finds

NetworkWorld - The number of malicious Web links used to trick users into downloading malware or visiting dangerous sites has increased, up 508% in the first half of 2009 in comparison to the number discovered in the first half of 2008, says the report. The U.S. is the top country where such malicious Web links can be found, accounting for 36% of known malicious links, with China holding the second spot.  Read More


Warning!

Don't even think about calling a computer consultant before you read this...

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