Banking Malware Finds New Weakness

Ice IX Steals Phone Numbers to Compromise Accounts

A new Zeus variant has the attention of security experts – not because of its sophistication, but because of its automation.

Named Ice IX, this new malware targets online banking users’ login and passwords, but the ultimate aim is telephone numbers.

Trusteer’s Amit Klein, in a blog about Ice IX, says the phone numbers have proven more valuable than the online banking credentials, because they provide avenues for fraud that go undetected. With stolen numbers, fraudsters can reroute transaction verification from the bank, ultimately bypassing two-factor authentication.

Read more in Tracy Kitten’s blog.

About Bruce Demarest

Bruce Demarest is a Identity Theft Protection Specialist. He has designed and taught classes to educate individuals and businesses in identity theft risk management. The individuals have learned how to continuously monitor their financial identities from credit fraud, plus how to monitor their personal identifying information for unauthorized use. His business clients have become compliant with the federal & state privacy laws. He has conducted information security audits to identify their potential problems and has designed security policies, programs, and practices to address those problem areas.
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