FYI...
Fake transfers are latest Bank Heist ...
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http://www.trusteer.com/blog/fictitious-transfers-are-latest-bank-heistSeptember 20, 2011 - "A number of banks, in an effort to validate and secure financial transactions, are utilising transaction verification systems. They’re doing this in the belief that, even if malware manages to change transaction details on the fly, the customer has an out of band channel to verify that it has not been modified.
This is based on the assumption that malware cannot infect the out of band channel, and therefore the bank or the customer will be able to detect fraudulent transfers...
the assumption that malware cannot influence the out of band channel is flawed. The easiest way to defeat transaction verification systems is using social engineering attacks. Over the years we've seen a number of different variants against transaction verification systems... Using malware fraudsters first gain control over the web channel. This means -any- information that customers view inside their browser, while connected to their bank, can be modified by the fraudsters. Unfortunately, customers are usually -unable- to distinguish whether what they are seeing was actually served by the bank, or in fact
modified by malware! This is giving fraudsters the ability to launch extremely effective social engineering attacks. In the attack we've recently seen, fraudsters were simply waiting for customers to log on to their bank's website. The bank robber then
‘changed’ the content of the post login page, to a message, informing customers of an upgraded security system. The customer is
invited to go through a training process that intends to help him/her deal with the bank's upgraded security system. As part of the training they’re asked to make a transfer, to a fictitious bank account, and confirm the transaction using the confirmation code that is sent by the bank to the
registered mobile phone. Fraudsters claim that the user's account will not be debited and the recipient's account is
fabricated... the transaction then happens, the money is transferred, and the criminal disappears off into the sunset..."
(More detail at the trusteer URL above.) 