Hackers may stage a massive fraud attack on 30 U.S. national, investment and regional banks early next year, according to a new cybersecurity report.
The report, scheduled to be released Thursday by McAfee Labs, warns the financial industry to be wary of software that creates fraudulent online banking transactions. Hackers could create fake bank transactions, or skim a portion of high-dollar bank transfers, the report said.
The report links the threat to a program called Project Blitzkrieg, which hackers say has been in development since 2008 and has already stolen $5 million. The attacks have now reached the United States, McAfee reports. There have been 300 to 500 U.S. victims in the past couple of months, and the effort could reach full strength by spring, said Pat Calhoun, a network security expert at McAfee.
The McAfee report backs up an October report from cybersecurity firm RSA that said a Russia-based hacker nicknamed “vorVzakone” was recruiting for the “most substantial organized-banking Trojan operation seen to date.” In an unusual move, vorVzakone publicly discussed his plans on Web forums and in videos, leading some to believe that effort was simply a law enforcement trap.