27 July 2016
Find out more

German cops arrest phishing gang

14 September 2007  |  9183 views  |  0 fish 3

German police have arrested an international phishing gang that allegedly used spam e-mail to unleash trojan programs designed to steal bank account details and passwords.

The gang, which includes Russian, Ukrainian, and German suspects, is alleged to have targeted online banking customers with phishing e-mails claiming to come from organisations including Deutsche Telekom, eBay, Walmart and Ikea. Attached to the e-mails were malicious Trojan programs that stole information from the infected computers.

Germany's Federal Crime Office says the 18-month police investigation culminated in arrests in several cities, including Dusseldorf, Cologne and Frankfurt.

According to press reports, German police are still holding eight of the 10 arrested, including two women.

The suspects are thought to have used the proceeds of phishing to splash out on expensive jewelry, cars and luxury holidays.

Commenting on the arrests, Graham Cluley, senior technology consultant at IT security firm Sophos, says: "The financial rewards for cybercrime are significant, and we are seeing more organised gangs getting involved in this kind of crime all the time.

"Everyone who has a computer needs to learn how to properly defend themselves, or risk having their money and identity stolen."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Facebook users warned of ID theft risk

Facebook users warned of ID theft risk

31 August 2007  |  6038 views  |  0 comments
Man-in-the-middle phishing kits circulating freely on the Web

Man-in-the-middle phishing kits circulating freely on the Web

10 August 2007  |  13050 views  |  0 comments
Account hacking gang arrested in Turkey

Account hacking gang arrested in Turkey

16 February 2007  |  5996 views  |  0 comments
Pump-and-dump stock phishing spam up 400% in 2006

Pump-and-dump stock phishing spam up 400% in 2006

15 January 2007  |  11926 views  |  0 comments
Phishing figures worry FSA

Phishing figures worry FSA

14 December 2006  |  12411 views  |  0 comments
Phishers angling for fatter fish

Phishers angling for fatter fish

10 November 2006  |  7672 views  |  0 comments
PayPal and eBay customers top targets for phishers

PayPal and eBay customers top targets for phishers

01 August 2006  |  9141 views  |  0 comments
Banker-AJ Trojan targets UK Web banking customers

Banker-AJ Trojan targets UK Web banking customers

11 November 2004  |  6999 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
14 September 2007
Visit www.abe-eba.euVisit capgemini.comVisit VocaLink.com

Top topics

Most viewed Most shared
satelliteContactless Bitcoin startup Plutus Tap &am...
9457 views comments | 9 tweets | 4 linkedin
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
9354 views 14 comments | 32 tweets | 38 linkedin
Apps crush internet for UK banking loginsApps crush internet for UK banking logins
8131 views comments | 19 tweets | 25 linkedin
Telefonica Germany launches Fidor-backed mobile banking serviceTelefonica Germany launches Fidor-backed m...
6112 views comments | 14 tweets | 19 linkedin
Thomson Reuters and Imperial College form fintech and regtech research partnershipThomson Reuters and Imperial College form...
6024 views comments | 29 tweets | 16 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job