New Software Virus Uses Customer Computers to Access Banks, Has Led to $4 Million in Losses

New Software Virus Uses Customer Computers to Access Banks, Has Led to $4 Million in Losses

Researchers say that the GozNym virus — a hybrid of two known malware strains — has been used to steal roughly $4 million this month from customers at dozens of banks in the U.S. and Canada. GozNym uses a phishing scheme to trick customers into clicking malicious links in an email. The link installs the virus on victims’ computers, where it lies dormant until they log into their bank account.  IBM researchers believe the attackers originate from a criminal organization in Eastern Europe. [4/15/16]

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