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August 10, 2010updated 04 Apr 2017 4:16pm

UK online accounts infected by cybercriminals

Secure web gateways provider M86 Security has revealed that UK customers from one of the biggest financial institutions have been infected by a Trojan virus by cybercriminals.

By Louise Naughton

Secure web gateways provider M86 Security has revealed that UK customers from one of the biggest financial institutions have been infected by a Trojan virus by cybercriminals.

From 5 July this year, the fraudsters have so far successfully stolen £675,000 ($1.07m) from the unnamed bank. M86 Security said the attack is still progressing, suggesting the situation is worsening.

The Trojan, a Zeus v3, steals the customer’s online banking ID and hijacks their online banking sessions. It then checks the account balance and, if the account balance is bigger than £800 value, it issues a money transfer transaction.

Researchers at the M86’s Security Labs detected a command and control centre in Eastern Europe targeting the customer accounts.

The Trojan virus has avoided detection by traditional Anti-Virus software.

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