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Chat rooms harbour 'fraud as a service' peddlers
Newly organised methods of online criminal activity are threatening to democratise fraud and undermine banks and online traders, according to security experts at this year's RSA Conference Europe.
Speaking to vnunet.com, security vendor RSA's Head of New Technologies Uri Rivner shared new data and trends spotted by the firm's Anti Fraud Command Center, which has now shut down over 100,000 phishing attacks.
Rivner warned of a new trend where criminals offer fraud services in a Software as a Service (SaaS) model, which can be purchased from Internet chat rooms and forums. This "Fraud as a Service" could feature information-stealing Trojans, together with bulletproof hosting to ensure zero downtime, and a fully integrated infection service to provide patching and upgrades so the Trojan escapes detection by security software.
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