Operation High Roller Now Targets Europe's SEPA Network and Large US Bank

The criminals behind Operation High Roller, a complex wire-fraud scheme that has scammed high-end banking customers out of millions, have added a new dimension of automation to their attacks and expanded their efforts beyond Europe and have targeted a major U.S. bank. Researchers at McAfee provid...

Three Baltic Men Jailed After Using SpyEye Malware

Two men found using the SpyEye Trojan to swindle users out of their banking information were jailed last week after violating the United Kingdom’s Computer Misuse Act. Pavel Cyganok, 28, a Lithuanian, along with Ilja Zakrevski, 26, an Estonian, were jailed for four years while a third man, Latvia...

New Fraud Ring 'Operation High Roller' Targets the Rich

A recent fraud ring through which attackers raided high-value bank accounts, nicknamed Operation High Roller .PDF, employed attacks that were quick, required no human interaction and have already affected several tiers of credit unions, regional banks and large global banks, over the last several...