Spyware Used To Clean Out Bank Accounts

from the sneaky-sneaky-sneaky dept

Investigators are trying to track down a scammer in South Africa who seems to have cleaned out a bunch of bank accounts after using some spyware to get the account owners' passwords. The scammer apparently sent emails with an attachment that some gullible people clicked on. The attachment installed some keylogger software, which was used to determine a bank account password. Now, at least nine bank patrons have discovered that all their money is missing. Amusingly, the bank in question is going out of its way to make sure everyone knows that the scammer did not hack into their servers, but rather got the passwords off the victims own computers via the spyware. Of course, I'm wondering why all the victims came from the same bank. You would think that there would be a variety of banks that would have been targeted. It also sounds like this shouldn't be all that hard to solve. There should be information about who sent the original scam email, and investigators should be able to trace where the money was transferred to - since it was all done via an internet connection into the bank.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  1. identicon
    Adam Haberlach, 21 Jul 2003 @ 10:34am

    Same bank...

    Perhaps the keylogging software looked for password answers to a particular webpage, for a single bank, and only captured those.

    ...just a thought...

    link to this | view in thread ]

  2. icon
    Mike (profile), 21 Jul 2003 @ 10:47am

    Re: Same bank...

    Yup. That would make sense. Certainly make it easier than simply digging through all the crap a keylogger would pick up. Clearly, you think like an internet bank robber... ;)

    link to this | view in thread ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.