AOH :: ISNQ5465.HTM

New Malware Re-Writes Online Bank Statements to Cover Fraud




New Malware Re-Writes Online Bank Statements to Cover Fraud
New Malware Re-Writes Online Bank Statements to Cover Fraud



http://www.wired.com/threatlevel/2009/09/rogue-bank-statements/ 

By Kim Zetter 
Threat Level
Wired.com
September 30, 2009 

New malware being used by cybercrooks does more than let hackers loot a 
bank account; it hides evidence of a victim's dwindling balance by 
rewriting online bank statements on the fly, according to a new report.

The sophisticated hack uses a Trojan horse program installed on the 
victim's machine that alters html coding before it's displayed in the 
user's browser, to either erase evidence of a money transfer transaction 
entirely from a bank statement, or alter the amount of money transfers 
and balances.

The ruse buys the crooks time before a victim discovers the fraud, 
though won't work if a victim uses an uninfected machine to check his or 
her bank balance.

The novel technique was employed in August by a gang who targeted 
customers of leading German banks and stole Euro 300,000 in three weeks, 
according to Yuval Ben-Itzhak, chief technology officer of computer 
security firm Finjan.

"The Trojan is hooked into your browser and dynamically modifies the 
text in the html," Ben-Itzhak says. "It's a very sophisticated 
technique."

[...]


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