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[ISN] Cyber-thieves Using DDoS to Distract Banks and Victims From Spotting Fraud
By Lucian Constantin
Romania-Bureau Dec 5, 2011
Cyber-thieves are using distributed denial-of-service (DDoS) attacks in
order to distract banks from spotting and reversing fraudulent wire
transfers initiated on behalf of their customers.
The FBI has recently issued an alert about fake emails that purport to
come from the National Automated Clearing House Association (NACHA) and
distribute a variant of the Zeus banking trojan.
According to the bureau, after infecting computers with this notorious
piece of malware, the fraudsters steal online banking credentials and
launch DDoS attacks against the financial institutions used by the
The attacks serve as a diversion, said Neal Quinn, vice president of
operations at DDoS mitigation provider Prolexic, in a phone interview.
Cyber-thieves believe that this will distract the bank's personnel and
prevent them from spotting the fraudulent activity, he explained.
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