Security News > 2010 > February > Hackers Steal $150,000 from Mich. Insurance Firm

http://www.krebsonsecurity.com/2010/02/hackers-steal-150000-from-mich-insurance-firm/ By Brian Krebs Krebs on Security February 16th, 2010 An insurance firm in Michigan lost nearly $150,000 this month as a result of a single computer virus infection. Port Austin, Mich. based United Shortline Insurance Service Inc., an insurance provider serving the railroad industry, discovered on Feb. 5 that the computer used by their firm's controller was behaving oddly and would not respond. The company's computer technician scoured the system with multiple security tools, and found it had been invaded by "ZeuS," a highly sophisticated banking Trojan that steals passwords and allows criminals to control infected hosts remotely The following Monday, Feb. 8, United Shortline received a call from the Tinker Federal Credit Union at Tinker Air Force Base in Oklahoma, inquiring about a suspicious funds transfer one of its customers had received for slightly less than $10,000. After that call, United Shortline President Louis M. Schillinger said the firm found 14 other such unauthorized transfers had been made from the company's account to individuals across the United States who had no prior business with Shortline. "I said, 'Oh my God, someone's just taken all of the money out of our trust account,'" Schillinger said. The hackers moved money from the company's trust account over to its operating account, and then made the illicit transfers from there. [...] ________________________________________ Did a friend send you this? From now on, be the first to find out! Subscribe to InfoSec News http://www.infosecnews.org

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