Tag Archives: Zeus Trojan Virus

Bank Agrees to Reimburse Company for Funds Taken Through Online Bank Account Theft

By Craig A. Hoffman on December 6, 2012 Posted in Financial Privacy

We reported in July on a First Circuit Court of Appeals decision finding that a bank failed to implement commercially reasonable security methods to prevent unauthorized transfers by a criminal that gained the online banking credentials of a construction company. The criminal was able to steal $345,000 from the construction company’s account. It was then reported on … Continue Reading

Internet Banking Authentication Security Procedures Found Commercially Unreasonable

By Craig A. Hoffman on July 12, 2012 Posted in Financial Privacy, Identity Theft, Online Privacy

It is a common scenario—a company’s computer system becomes infected with some variant of the Zeus Trojan with a key logger that sends key strokes out to a command and control server operated by a criminal. The criminal searches the key strokes to find login credentials to that company’s Internet bank account, which are used … Continue Reading