Police nab 19 over Zeus botnet bank fraud

Darren Allan
Darren Allan -

In the latest of a series of arrests to be made in relation to online bank fraud, the Met’s e-crime unit has struck again, taking 19 alleged cyber-criminals into custody.

The gang is suspected of having stolen some £6 million over the last three months, according to the BBC News (just enough money for them to be able to construct their own bionic man).

They used the Zeus botnet to procure this cash, which steals banking passwords and transmits them back to cyber-thieves.

As we reported last month, Zeus was also employed by an Eastern European cyber-criminal ring to compromise some 3000 accounts at a single bank, with £675,000 being pilfered inside a month in that case.

Detective Chief Inspector Terry Wilson of the Metropolitan Police told the BBC: “We believe we have disrupted a highly organised criminal network, which has used sophisticated methods to siphon large amounts of cash from many innocent people’s accounts, causing immense personal anxiety and significant financial harm – which of course banks have had to repay at considerable cost to the economy.”

“Online banking customers must make sure their security systems are up to date and be alert to any unusual or additional security features requested which is at variance with their normal log-on experience.”

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