Snakes of river fog creep slowly. From drains, clefts, cesspools, middens arise on all sides stagnant fumes. A glow leaps in the south beyond the seaward reaches of the river.
Check Point has revealed how a sophisticated malware attack was used to steal an estimated €36 million from over 30,000 customers of over 30 banks in Italy, Spain, Germany and Holland over summer this year.
The theft used malware to target the PCs and mobile devices of banking customers. The attack also took advantage of SMS messages used by banks as part of customers’ secure login and authentication process.
The attack worked by infecting victims’ PCs and mobiles with a modified version of the Zeus trojan. When victims attempted online bank transactions, the process was intercepted by the trojan.
Under the guise of upgrading the online banking software, victims were duped into giving additional information including their mobile phone number, infecting the mobile device. The mobile Trojan worked on both Blackberry and Android devices, giving attackers a wider reach.
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Onity, the company whose locks protect 4 million or more hotel rooms around the world, has agreed to reimburse at least some fraction of its hotel customers for the cost of fixing a security flaw exposed in July.
Some cyberattacks over the past decade have briefly affected state strategic plans, but none has resulted in death or lasting damage. For example, the 2007 cyberattacks on Estonia by Russia shut down networks and government websites and disrupted commerce for a few days, but things swiftly went back to normal. The majority of cyberattacks worldwide have been minor: easily corrected annoyances such as website defacements or basic data theft — basically the least a state can do when challenged diplomatically.
Our research shows that although warnings about cyberwarfare have become more severe, the actual magnitude and pace of attacks do not match popular perception.
