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IBM uncovers new, sophisticated bank transfer cyber scam


Reuters - (International) Security researchers at IBM discovered a sophisticated fraud scheme dubbed "The Dyre Wolf" in which cybercriminals infect users' systems with the Dyre malware to trick individuals into initiating large wire transfers with criminals posing bank employees over the phone, before moving the funds from bank to bank and using denial-of-service (DoS) attacks to avoid detection. The scheme has caused losses of over $1 million from multiple large- and medium-sized companies in the U.S.


Note: This news synopsis is taken from the DHS Daily Open Source Infrastructure Report, a daily [Monday through Friday, except US Federal holidays] summary of open-source published information concerning significant critical infrastructure issues; a 10-day archive of the DOSIR can be found at:

Last Updated: 27 May 2016 10:23:55