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Wednesday, 5 December 2012

Cybercrime in European bank accounts

                                         Cybercrime in European bank accounts


           Madrid, Dec 6 (IANS / EFE) More than 36 million euros ($ 47 million) was stolen earlier this year of 30,000 bank accounts in Europe in a cyber attack called "Eurograbber", according to a report published Wednesday by two companies that focus on Internet security .

            Only in Spain, beating the cyber thieves 5.8 million ($ 7.5 million), 11,352 account holders in seven banks, according to the report from Check Point Software Technologies Ltd. and Versafe.

The attack affected computers and mobile phones between January and August this year, confirmed Mario Garcia, CEO of Checkpoint Espana, EFE.

Checkpoint was there in august attack on the European Police reported and warned the banks involved.

Garcia explained the procedure of the virus uses to invade banking: from access to certain links that install malware itself on a computer and remains inactive until the user connects online to their bank account.

It is so that the communication of the user with the bank intercepted and replaced.

The malware, which simulates to be a bank sends a warning to the user to update and improve online security, and ask for their phone number so that the sensor device and mixes with the messages that banks send as part of the verification process.

With the information and transaction processing number, cyber attackers carrying money transfers parallel with the actual customer.

"If you transfer, such as 100 euros, they can steal such an amount, and you see no change, either on your computer or mobile phone," said Garcia.

Stolen amounts ranged from between 500 to 250,000 euros ($ 650 to 327,000 dollars) and was removed from individual and corporate accounts in Italy, Spain, Germany and Holland.
cybercrime, europe, bank, account, attack, online crime, malware, garcia,

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