Dave Marcus has more than twelve years of technical experience in information security, and network and host ...
Earlier today Guardian Analytics and McAfee released the joint report “Dissecting Operation High Roller,” which describes a new breed of sophisticated fraud attacks. The advanced methods discovered in Operation High Roller show fraudsters moving toward cloud-based servers with multifaceted automation in a global fraud campaign.
Building on established Zeus and SpyEye malware tactics, this ring adds many breakthroughs: bypasses for physical “chip and pin” authentication, automated “mule” account databases, server-based fraudulent transactions, and attempted transfers to mule business accounts as high as €100,000 (US$130,000). Although Europe has been the primary target for this and other financial fraud rings in the past, our research found the thefts spreading outside Europe, including to the United States and Colombia.
What are the key points in the attacks?
What is the impact of this new fraud methodology?
Download the report in its entirety here. A detailed knowledgebase article and other documents will be released later today.