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Home » Cyber-warfare » Cyber Attack: Online Bank Heist

Cyber Attack: Online Bank Heist

onlinebank.jpg

If some­one enters a bank and hand the teller a note, demand­ing money, it is on the evening news. If some­one does the same thing in five banks, it hits the national news. If some­one does it to 400 banks online NOT A WORD. This is not a hypoth­e­sis it is a fact.

The cyber weapon used in the 400 bank rob­beries is called SilentBanker. Security pro­fes­sion­als are con­cerned over the dis­cov­ery of a bank­ing Trojan which steals user data that impact more than 400 banks world­wide. The infor­ma­tion that SilentBanker col­lects gives it the abil­ity to reroute money to another account owned by the attack­ers or who they rep­re­sent. This is done with­out the user’s knowl­edge until he receives his bank statement.

Trojan: (short for Trojan Horse) is a piece of mali­cious soft­ware which appears to per­form a cer­tain action but in fact per­forms another. In addi­tion, tro­jan horses are noto­ri­ous for installing back­door programs.

This appears to be just the begin­ning of the attack. The Trojan first appeared in December 2007 and con­tin­ues to spread around the world. SilentBanker is more pow­er­ful that orig­i­nally thought. The mali­cious code is so smart that if it is miss­ing infor­ma­tion needed to com­plete the trans­ac­tion, the tro­jan enables the attack­ers to add extra code to the autho­riza­tion page ask­ing the user for that miss­ing data. The rapid increase in sophis­ti­ca­tion and com­plex­ity of the lat­est cyber attack tools is a clear trend that is chal­leng­ing the cyber secu­rity indus­try to stay ahead of the crim­i­nals and terrorists.

No one knows who is col­lect­ing the money, nor how they intend to use it. Could it be for drugs, ter­ror­ist attacks, pur­chas­ing of weapons or just very sophis­ti­cated bank rob­bers? One thing is for sure, this is just another exam­ple of our vulnerability.

PROTECTION: Make sure your anti-​​virus soft­ware is updated and oper­a­tional. Vigilance is also a pow­er­ful defense. Check your bank state­ments and bal­ances reg­u­larly and report any sus­pi­cious activ­ity to your bank immediately.

– Kevin Coleman

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February 19th, 2008 | Cyber-warfare | 384415 Comments »http://defensetech.org/2008/02/19/cyber-attack-online-bank-heist/Cyber+Attack%3A+Online+Bank+Heist2008-02-19+13%3A00%3A11Ward You can skip to the end and leave a response. Pinging is currently not allowed.

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  1. Nicholas Kamm says:
    February 19, 2008 at 11:37 am

    Please send your arti­cles through an edi­tor, the errors are painful to read.

    Reply
  2. max says:
    February 19, 2008 at 2:50 pm

    Damn. I thought you only became a pro-​​level blog­ger if you could write in some­thing close to the lan­guage of the blog. I waz rong.

    Reply
  3. SteveA says:
    February 19, 2008 at 10:51 pm

    I run reg­u­larly a virus check on mu com­puter. Almost every time, it shows a Trojan Horse. After inves­ti­gat­ing it, it seems like I get it from the net while I am surf­ing. Very good idea to run virus check.

    Reply
  4. Arthur says:
    February 19, 2008 at 11:42 pm

    An SSH con­nec­tion to the bank will do noth­ing really, nei­ther will PGP authen­ti­ca­tion since the the Trojan has infected the sys­tem itself and was able to pick up the pass­word when you typed it in. The virus could eas­ily be adapted to pick up the SSH pass­word. Nevertheless, what in the world will the user do once they SSHed into one of the bank’s machines? Run some scripts? Sure.…
    All I can really say is, if you’re using Windows, make sure that you never come close the Internet Explorer, use Firefox or Opera. That, and an updated anti-​​virus is your main line of defense. Also, take a look at Spybot Search and Destroy to clean your spy­ware on a reg­u­lar basis.
    But hon­estly, sucks to be you if you’re using Windows. If you really want secu­rity, choose a Mac or an Ubuntu Linux loaded Dell or HP for your next com­puter pur­chase. Both Linux and Mac are easy to use if you take just _​a lit­tle bit_​ of time to learn them, the for­mer is get­ting eas­ier with every release and the lat­ter is already high qual­ity and very easy to use.

    Reply
  5. Mac says:
    February 21, 2008 at 8:18 am

    You should prob­a­bly men­tion that Symantec rates this as a Low threat level, and lists the num­ber of known infec­tions at “0–49″…
    http://www.symantec.com/security_response/writeup.jsp?docid=2007–121718-1009–99

    Reply
  6. Donabell C. De Apera says:
    March 17, 2008 at 4:59 am

    bewitch­ing the strat­egy has the same impact to deter­mine where those sabo­teurs of projects and thieves even hack­ers are.

    Reply

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