Russian Coreflood program targets online bank accounts

 

Source: Byron Acohido, USA Today

Call them the Coreflood Gang. A ring of cyber bank robbers from southern Russia has quietly perfected a way to get a beachhead inside company networks.

Once inside, it infects every PC within reach with a custom-made data-stealing program called Coreflood. The goal: go rip off bank accounts online.

Over the past 16 months, the Coreflood Gang has infected swaths of PCs inside thousands of companies, hospitals, universities and government agencies, says SecureWorks researcher Joe Stewart, who has tracked and documented the spread of Coreflood over that period.

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