John Lister's picture

Billion Dollar Cyber Crime Chief Finally Caught

A man has been arrested for allegedly stealing more than a billion dollars in cyber attacks. The tactics were so outlandish, they almost sounded like the words used by Richard Pryor's character in Superman III. The unnamed man was arrested in Spain ... after an investigation that involved officials from six countries on three continents plus private cyber security firms. The man is alleged to have led a gang that attacked more than 100 banks and other financial institutions around the world. The gang has been operating for at least three years using three forms of malware, known as Anunak, ... (view more)

Dennis Faas's picture

Windows XP-Based ATMs Targeted by Hackers

Banks are being warned of trouble ahead after approximately 20 ATMs, mostly in Eastern Europe, were compromised. The ATMs running Microsoft's Windows XP operating system were infected with malware that captures magnetic strip data and PIN codes. ... According to a report from Trustwave's SpiderLabs, the malware uses the strip data and PIN codes to access the private memory space of transaction-processing applications. Advanced Management Functionality Built into the Malware Attackers gain control over the ATMs by inserting specialized controller cards into the ATM's card reader. (Source: tgdaily. ... (view more)

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