Cyber attackers used malware to steal at least £20m from British Bank accounts

The UKs top secret electronic centre at GCHQ together with the UK’s National Computer Emergency Response Team (CERT) are part of the law enforcement effort involved in hunting the cyber attackers who have managed access British Bank accounts. Losses are estimated at £20m. The FBI has been involved in the US together with Europol, the Europe police agency and law enforcement in Germany to assist with the investigation to locate the attackers, currently believed to be situated in Moldova, in Eastern Europe. nca

Think twice before opening attachments or clicking on links
The Virus or malware records login and password details to gain access to people’s personal computers, then sends this back to the cyber attackers to use to gain access to, and then to steal from bank accounts.
The malware thought to be used is called Dridex and is normally hidden in attachments sent in emails. Users open these thinking they are legitimate documents and unwittingly infect their PCs. The National Crime Agency suggests that there could be thousands of infected computers across the UK, and the majority of these appear to be Windows users.
In an interview with the The Guardian, FBI executive Robert Anderson said:

“Those who commit cyber crime are very often highly skilled and can be operating from different countries and continents. They can and will deploy new malware and we, along with our partners, are alive to this threat and are constantly devising new approaches to tackle cyber crime..”

 

The advice is for all internet users to update their operating system, ensure their updates are regularly installed and have up to date anti-virus and malware protection. Most importantly think very carefully before clicking on links or opening attachments in emails. Some of these are very convincing and often have an urgent call to action. Check they really are from who they purport to be, and if in any doubt do not open them.
You can get more advice by visiting the Cyberstreetwise and GetSafeOnline websites for further help and guidance.

You can also read the news item on the NCA website here

Pete Woodward comments:

Yet again, a good example of making sure the basics are covered. It always seems obvious, but it is important to keep your computer systems patched and updated, along with a layer of Antivirus and Malware for additional protection.

 

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