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Zeus3 Trojan quietly steals $1m from bank accounts

Discussion in 'TechSpot News and Comments' started by Matthew, Aug 12, 2010.

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  1. Matthew TechSpot Staff Posts: 5,893   +53

    A new version of the Zeus Trojan has surfaced called Zeus3, and it's supposedly emptying bank accounts across the UK with the equivalent of over $1 million stolen thus far. According to experts at M86 Security (PDF), the malware first appeared early last month and is said to be the most "sophisticated and dangerous threat" the firm has ever seen.

    Read the whole story
  2. Reloader2 Newcomer, in training Posts: 66

    This scares the f**kout of me!
  3. mailpup TS Special Forces Posts: 7,908   +77

    I'm not in the UK but that doesn't necessarily make me safer but as it happens I don't bank online anyway. Hurray for analog banking.
  4. Timonius TechSpot Enthusiast Posts: 515   +18

    Governments and authorities of the world better rethink their positions on 'white hat' hackers. The good guys/gals doing stuff for fun can expose weaknesses and vulnerabilities before things get serious if only you didn't treat them like criminals. Perhaps then something like Zeus3 wouldn't even be an issue.
  5. raybay TechSpot Evangelist Posts: 10,720   +6

    Interesting if true, interesting if not true. Sure think we would of heard a great deal more about it by now if the thefts really worked. Our Secuirity staff works on a lot of financial security issues, and I don't see how anybody could pull this off on a large scale. Think of all the thinks they would have to do right, Dudley.
  6. Leeky TechSpot Moderator Posts: 4,344   +59

    Very scary, but I think its only going to effect UK customers who aren't using card readers to log into online banking.

    I fail to see how even this trojan could overwhelm the card reader system I have to use for my bank. The codes are never the same, and you physically have to read the chip in the card inside the reader before it will do a thing - I'm somewhat suprised most banks still rely on simple usernames, passwords and stuff that doesn't change...

    Another bonus... I wish I had over £800 in my account! :D
     
  7. captaincranky TechSpot Addict Posts: 8,799   +285

    Believe me, I know the feeling! I comfort myself with the old adage that, "he who steals my purse steals trash"...!
  8. TomSEA TechSpot Chancellor Posts: 1,970   +139

    I absolutely loathe the jerk-offs who create viruses, worms and trojans whether to steal or to mess up your computer. I know the bulk of these are created in Russia or China, but if they are ever able to track down a western hacker who does this - I would have zero problem locking them up for life. After several days of torture, of course. ;)
  9. captaincranky TechSpot Addict Posts: 8,799   +285

    Really, I hear that. Besides, the Russians should stick to porn and online mail order brides. Those girls are HOT!
  10. LinkedKube TechSpot Project Baby Posts: 4,180   +23

  11. Malware like Zeus can defeat two-factor authentication. If the host that you use to log into your online bank account is compromised, it doesn't matter how sophisticated your authentication mechanism is.


    "Bank sites that offer two-factor authentication, such as one-time passcodes and ID tokens, are ineffective because the malware has taken over the browser after the victim has logged into the banking..."

    Excerpted from http://news.cnet.com/8301-27080_3-20013246-245.html
  12. maestromasada Newcomer, in training Posts: 97

    Hide your money under the mattress, love that!
  13. motrin TechSpot Enthusiast Posts: 141

    first thing next morning i'm taking out my 8 moneys! (joke)
  14. T77 TechSpot Enthusiast Posts: 315

    it seems interesting,that this trojan can also throw up fake balances in accounts
  15. LinkedKube TechSpot Project Baby Posts: 4,180   +23

    I already said "swordfish."
  16. techsuitor Newcomer, in training Posts: 145

    haha! .. Its really freakin .. :D even transactions online are really fast. Hackers can also come to your doors as fast as it. Tokens are not enough.
  17. techsuitor Newcomer, in training Posts: 145

    maybe the programmer of the system is the culprit, 'cause he can create backdoor. But, that's only a guess. Don't take it seriously. :) ..hmm.. but I have a point ,,
  18. LightHeart Newcomer, in training Posts: 155

    If you are going to do online financial transactions the best method today is to have a separate physical machine, a live boot cd or at least a VM. Harden that machine; only use it for the financial transactions and keep it turned off when not in use. Do not use your general system (browsing, Office, gaming) for these type of transactions. This will severely limit the likelihood of getting malware.

    Someday maybe the banks will come out with a highly secure VM that people can use for online banking.

    Of course you could skip online banking in general.
  19. Richy2k9 TechSpot Enthusiast Posts: 513

    hello ...

    scary indeed, I may not have money in bank, but I use secured banking, i just hope it's enough.

    I will work into strengthening my PC for this .. for i know till now it's all my fault / negligence that puts me at stake.

    cheers!
  20. Zeromus TechSpot Enthusiast Posts: 224   +6

    Whew, good thing I'm not that loaded. Haha!