Bank Hacker Arrested in Chiba

This story is interesting because it is so rare. Police have actually arrested someone who used spyware to steal money from bank accounts of businesses.

This story is interesting because it is so rare. Police have actually arrested someone who used spyware to steal money from bank accounts of businesses. The story is rare. The actions are not rare, they are very common.

Kiichi Hirayama from the city of Chiba is believed to have transferred a total of some 11.4 million yen from the bank accounts of 10 companies, using software called spyware to steal data from their computers, according to the Metropolitan Police Department.

11.4 million yen equals $92,000.00 Not much but...

Evidently, hackers are sending CD's to unsuspecting businesses in Japan that contain the Trojan/keystroke logger with some craftily worded instructions to install the software to "protect" their PC's.

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