$10,000 stolen from bank account after malware steals account number and password

Incident Date: April 2004
Incident Location: Sydney Australia

Almost $10,000 (AUS) was stolen using a single transaction from the ANZ Bank account of a Sydney business. The transfer was made using password details that are believed to have been captured from a home computer infected with two viruses -- named "W32.Spybot.Worm" and "Backdoor.IRC.Flood".

When running, these programs can be used to capture anything typed in by computer users. Presumably this capability was used when an employee of the business logged into their ANZ Bank account on the infected computer, thereby exposing the password and account details.

The bank was able to track the funds since the thief had transferred them to another ANZ Bank account. An ANZ Bank official said that they would return the transferred amount to the business’ account. However, the money was still to be recovered from the criminal at the time of the news article.

Story Sources

Title: Spam scam taps into bank accounts
Author: Sue Lowe
Date: 4/7/2004
Publication: The Age
Publication Location: Melbourne Australia
Publication URL: http://www.theage.com.au/articles/2004/04/07/1081222500628.html

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