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How Bullitt County Lost $400,000 to Malware

by Dave on January 30, 2011

Bullitt County logoHere’s a follow-up to a post I wrote last October about the takedown of a massive global crime ring. The original post is here: http://bit.ly/9kBg4c. This is the story behind one of the victims of this ring – Bullitt County Kentucky. They lost over $400,000 to this cyber gang.

I’m including links to 2 different articles. Together these articles will give you an idea of the sophisticated malware tools currently (easily) available and the damage they can wreak.

The first article http://wapo.st/OZ0Vq, from 2009, includes a description of the malicious software used (ZeuS) and a step-by-step account of how the gang gained entry to the Bullitt County’s bank account. It also explains how the gang was able to move large amounts of money afterwards. The article includes details of interviews with 2 people duped into helping the gang move the money.

The second, more recent article http://bit.ly/aavp45, is a look at the ZeuS malware used in the heist, how little it costs, and how easy it is for relative novices to gain access to it.

Update: Here’s a similar story about the city of Brigantine, NJ – http://bit.ly/f1kJEj

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