Business e-banking and the 6-figure password

On Monday, Security Fix featured the story of Ronnie Cutshall, a Tennessee man who was caught up in an international money laundering scam after being recruited through a work-at-home job offer. That story mentioned that Cutshall received a $9,600 transfer from a company called American Realty, but that I didn't have any luck in tracking down the victim company. Today the American Realty company affected by that scam contacted me after reading my story (turns out they're located in Shalimar, ...

On Monday, Security Fix featured the story of Ronnie Cutshall, a Tennessee man who was caught up in an international money laundering scam after being recruited through a work-at-home job offer. That story mentioned that Cutshall received a $9,600 transfer from a company called American Realty, but that I didn't have any luck in tracking down the victim company. Today the American Realty company affected by that scam contacted me after reading my story (turns out they're located in Shalimar, Fla., not Georgia, as I had previously thought). A few weeks ago, an American Realty employee clicked a link in an e-mail scam that spoofed an IRS alert about unreported income. The Web site linked to in that message quietly installed a password-stealing Trojan horse program named Zeus. From there, the attackers were able to initiate unauthorized payroll payments to Cutshall and about 20 other individuals similarly recruited by the


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Written on Wednesday, 04 November 2009 06:40 by

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