Tuesday, November 3, 2009

'Work at Home,' Transferring Money Overseas: What Could Possibly Go Wrong?

"Fraudulent Automated Clearing House (ACH) Transfers Connected to Malware and Work-at-Home Scams"
FBI press release (November 3, 2009)

"As part of a continuing effort to identify the latest cyber crime trends and warn the public, the FBI today released the following information:

"Within the last several months, the FBI has seen a significant increase in fraud involving the exploitation of valid online banking credentials belonging to small and medium businesses, municipal governments, and school districts. In a typical scenario, the targeted entity receives a 'spear phishing' e-mail which either contains an infected attachment, or directs the recipient to an infected website. Once the recipient opens the attachment or visits the website, malware is installed on their computer. The malware contains a key logger which will harvest each recipient’s business or corporate bank account login information...."

Not long after that, whoever's spreading the malware opens another user account with the stolen information - or starts a transfer of funds directly, by posing as the user.

There's more in the press release, including these links: If you've already lost funds through unauthorized transfers or "have been recruited via a work-at-home opportunity to receive transfers and forward money overseas, please notify the Internet Crime Complaint Center by filing a complaint at: http://www.ic3.gov."

Bottom line? If it looks too good to be true, it probably is.

None of this advice is particularly new: but it seems to require a reminder now and again.
A tip of the hat to FBIPressOffice, on Twitter, for the heads-up on this press release.

1 comment:

timethief said...

Frankly I'm astonished that anyone would fall for any of these scams. They seem so obvious to me. Moreover, one can check on the internet to see the scams that have been exposed and compare those to whatever they have been emailed.

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