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Bloomberg Businessweek: Threatened Cyber Attack On Banks ‘Credible,’ McAfee Says

Posted by Jill Newbury    Dec 13, 2012 8:56:00 AM

A cyber fraud campaign targeting U.S. brokerages and banks is a “credible threat,” and at least 500 accounts are vulnerable after early attacks planted software that could help thieves steal money, according to a report released today.

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While coordinated fraud campaigns against banks aren’t new, the latest threat is noteworthy for the mass profit-sharing model the attackers have proposed, said Sean Bodmer, chief researcher at CounterTack Inc., a computer security firm.

“It would seem that the criminal underground is maturing at a much faster pace than world governments believe,” Bodmer wrote in an e-mail.

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