LinkedIn Attack Also Spread Bugat Trojan — Not Just Zeus Lesser-known financial fraud malware, such as Bugat and Carberp, are slowly making inroads and could give Zeus a run for its money, researchers say All eyes have been on the prolific Zeus Trojan with its numerous attacks during the past year-and-a-half, as well as the recent high-profile international arrests of members from two separate cybercrime rings suspected of infecting machines with the Trojan and stealing a total of $73 million from their victims’ bank accounts. But while Zeus, indeed, is the undisputed king of financial fraud malware today, a handful of other banking Trojans in the wings are slowly and quietly gaining ground. …

Click here to RSVP to WHIR Events: New York City – March 25, 2010 Chicago – April 22, 2010 Toronto – May 20, 2010 Five Most Recent Posts News: Trusteer Flashlight Provides Malware Analysis and Remediation for Financial Institutions News: Web Host Verio Reports Record Channel Growth News: Teleco Telx Links GTT for Gigabit Ethernet News: Hosting.com Launches Enterprise-Class Server Replication Solution (WEB HOST INDUSTRY REVIEW) — In an effort to help banks and other organizations prevent future losses, block subsequent attacks, and take down command and control servers, secure browsing services provider Trusteer ( www.trusteer.com ) has launched Trusteer Flashlight, a remote fraud investigation and mitigation service that identifies the attack source on a customer’s machine, gathers samples, and can reverse engineer the mechanism used by the malware to commit fraud. Online banking fraud involving the electronic transfer of funds has been on the rise since 2007 and rose to over US$120 million in the third quarter of 2009, according to estimates presented at the recent RSA Conference in San Francisco by the US Federal Deposit Insurance Corporation, with nearly all incidents relating to malware on online banking customers’ PCs. According to its Monday announcement, Trusteer’s new service performs remote forensic investigations on customer machines to detect source of fraud and mitigate future attacks