Tag Archives: online crime

IBM Uncovers Stunning Bank Transfer Malware ‘Dyre Wolf’ Taking out Money from Accounts

IBM has found a rather sophisticated fraud scheme that uses a combination of phishing, malware and even phone calls to transfer money from gullible Internet Banking users, siphoning off about $1 million so far from large and medium-sized American companies companies. IBM security researchers found the scheme the named “The Dyre Wolf,” is too small to detect by huge companies ...

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