Fraudsters Drained Millions from Online Bank Transfers and Other Top Infosec Developments for 12/18/20
FBI warns that DoppelPaymer gang cold-calls and harasses victims, crooks using SystenBC to conceal RaaS, DOE blocks high-voltage Chinese gear from the bulk power system and much more
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Researchers at IBM Trusteer uncovered a massive fraud operation that used a network of mobile device emulators to drain millions of dollars from online bank accounts in a matter of days.
In one instance, criminals used about 20 emulators to mimic more than 16,000 phones belonging to customers whose mobile bank accounts had been compromised. (Dan Goodin / Ars Technica)
Related: IT Pro, DataBreachToday.com, Slashdot, Security Intelligence, SC Magazine, Exploit One, Chrome Unboxed, HackRead
The FBI issued a private industry notification on December 10 saying it is aware o…
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