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All Press Releases for February 25, 2006 »
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Brazilian Hackers Loot Bank Accounts Using a Trojan
Close on heels of a Russian gang that stole a million Euros from French banks using sleeping bugs, as earlier reported by MicroWorld Technologies, a Brazilian hacker racket has been nabbed for looting almost 5 million dollars from over 200 bank accounts. 
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    /24-7PressRelease/ - FRAMINGTON HILLS, MI, February 25, 2006 - The raid happened in the state of Paraiba, 1,800 km North-East of Rio de Janeiro. What's more annoying is that the gang leader is a 19 year old and many of his accomplices are minors.

It works like this; through an email that holds a website link, a Trojan sneaks into your computer. The link may be a purported greeting card or a small computer utility. Once you click on it, the malicious code will be installed into your PC.

The Trojan remains dormant till you go to an online banking site. Authentication gadgets and biometric advancements are futile here, as this smart one waits till you go through all that routine. No sooner you log on to the personal bank account the bug will swiftly act and transfer the money to another account!

"This Trojan is like a thief who hides behind your back and loots your belongings after you open your safe locker. With some smart social engineering thrown in, this malice spreads faster and wider in targeted groups." explains Govind Rammurthy, CEO, MicroWorld. The Michigan based Security firm has a special team of experts to identify this breed of Trojans through an advanced technology.

"Online account theft is an easy job once you have the user authentication. All you need is the routing number and the account number for fund transfer. While banks will need to strengthen security and user awareness from their side, account holdres need to use a Real-Time Security Solution than can defeat new threats as well as hidden malice. Because, being under-protected is equal to being unprotected!" views Govind Rammmurthy.

MicroWorld Technologies Inc. is the publisher of worldâ s first real time antivirus and content security software eScan and MailScan, for desktops and Mail Servers respectively. Headquartered in Michigan it has its development centre in India which Asia-Pacific and Europe headquarter. MicroWorld has presence in more that 74 countries today and reselling through a channel network of more than 13,000 Resellers, Distributors, Security partner and System Integrator.

MicroWorld's Revolutionary "MicroWorld-WinSock-Layer (MWL)" technology, the first of its kind in the world. It deals with these threats before they enter your network, in the same way that a firewall controls user access.

Our products, eScan and MailScan are relaible and time tested products and have been awarded some of the most prestigious awards and certificates in the internet security industry. These have been succesful in fighting the epidemics like SOBIG and the recent MyDoom attack.

VB 100%,
Checkmark,
Advanced CheckVir,
5 cows by TUCOWS,
Best content security and antivirus software -by VAR magazine


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Manish Katara
MicroWorld Technologies Inc.

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