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Security: Online Crime Gang Stole Millions

August 12, 2008 by Shanmuga  
Filed under cyber crime

"To gain a grasp of just how badly organized cyber-crime groups are fleecing American banks and consumers, it may be instructive to look at the details released this week about the operations of a single online crime gang, that is responsible for undoubtedly the largest cache of stolen data ever uncovered.

The info comes from Joe Stewart, a researcher with Atlanta based SecureWorks who has been studying the operations of a group responsible for distributing "Coreflood," a remote-access Trojan that the bad guys are using to hide their activities online and steal data from infected systems." – Content courtesy of Online Crime Gang Stole Millions – Security Fix

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