By Kevin Poulsen
October 29, 2009
Bank customers are increasingly being duped into acting as 'money mules'
for hackers, unwittingly laundering cash stolen from business bank
accounts, the Federal Deposit Insurance Corporation warned the nation's
financial institutions on Thursday.
Using specialized Trojan horse malware, cybercrooks have been
intercepting web-banking credentials from the computers of small and
midsize businesses, and then initiating wire transfers to mules around
the country. The mules are consumers who've been lured into fake
work-at-home scams, in which their employment involves receiving money
transfers and then forwarding the funds to Eastern Europe, either
directly or through other mules.
The scheme has exploded in the last year, with the FBI estimating losses
at $40 million so far, according to a recent story from
WashingtonPost.com reporter Brian Krebs, who's been closely following
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