AOH :: ISNQ5772.HTM

Citigroup, Law Enforcement Refute Cyber Heist Report




Citigroup, Law Enforcement Refute Cyber Heist Report
Citigroup, Law Enforcement Refute Cyber Heist Report



http://www.pcworld.com/businesscenter/article/185334/citigroup_law_enforcement_refute_cyber_heist_report.html 

By Jeremy Kirk and Robert McMillan
IDG News Service
December 22, 2009

Citigroup and a federal law enforcement source on Tuesday refuted a 
claim that the bank's customers lost millions of dollars in an advanced 
cyber heist over the summer, leaving lingering questions over details of 
the alleged attack.

According to a report in Tuesday's Wall Street Journal, the Federal 
Bureau of Investigation (FBI) is investigating the theft of tens of 
millions of dollars from Citibank using malicious software created in 
Russia.

A source within federal law enforcement who declined to be identified 
said the Wall Street Journal story was inaccurate and appears to have 
confused a known 2007 hack of Citigroup-branded automated teller 
machines with a long-running criminal effort to hack online banking 
customers and move money out of their accounts.

"They've screwed up so many different things," he said. The FBI had no 
comment.

A second banking fraud investigator, who also asked not to be identified 
because of his ongoing investigations, agreed with this assessment. The 
long-running effort to hack online banking by installing 
password-stealing Trojan horse programs known as Zeus and Clampi has 
affected many banks, but it has compromised customers' PCs and not the 
banks themselves, he said.

[...]


________________________________________ 
Did a friend send you this? From now on, be the 
first to find out! Subscribe to InfoSec News 
http://www.infosecnews.org 

Site design & layout copyright © 1986-2014 CodeGods